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Saturday, June 3, 2023

Thailand establishes the International Center for Medical Cannabis Research

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Mr. Anutin Charnvirakul, Deputy Prime Minister Thailand The Minister of Public Health, said the ministry is working to promote medical cannabis and its safe treatment. According to the study, cannabis can treat various diseases such as cancer, epilepsy and multiple sclerosis with muscle aches and neuralgia.

As the minister admitted Corona virus disease– The impact of the situation 19 on the Thai economy, and to alleviate the situation requires economic reform and new opportunities. The center is one of the catalysts to support the economic recovery. This is also in line with the Thai government’s plans to promote the country as a comprehensive medical center in Asia, encouraging the development of the cannabis value chain, including product cultivation, standardization, market expansion, and supporting investments in new products.

The medical industry is a major prospect for economic reform due to its global rating in 8.3 trillion US dollars, while the legalized cannabis market is approx 12.5 billion US dollars (Source from WHO and Banning Partners). So, this is a huge opportunity for the country Thailand He has both the individual, the physical ability and the ability to accept this challenge.

Establishing a center for medical and hospital tourism will attract those who prefer integrative medicine and plant products such as those developed from herbs for patients with cancer or epileptic seizures, as well as cosmetics and nutritional supplements. In addition, these products will add value to the food and beverage market and allow both farmers and entrepreneurs to grow and develop sustainable products.

This policy led to a public-private partnership in the establishment of the International Center for Medical Cannabis Research under a Memorandum of Understanding with RxLeaf World Medica Limited, a subsidiary of Amara Asia Company Limited. Amara has experience growing hemp and plants using solvent-free technology for medicinal use.

for more information https://amaraasia.com

SOURCE Amara Asia Company Limited

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