Asia Pacific: cannabis testing and the untapped CBD market

Cannabis and hemp are generally illegal across the Asia Pacific region however, places such as Thailand have recently legalised medical cannabis.

As attitudes changes towards the plant are changing, the different markets are set to grow in the region. Asia is a largely untapped CBD market and represents the next enormous market opportunity to benefit from the global secular trend towards the legalisation of cannabis.


Thailand is set to become the most pro-cannabis Country in Asia

In Thailand, the seeds of a cannabis awakening are beginning to grow as restrictions on the plant lessen.

While the country has been one of America’s biggest allies when it comes to the War on Drugs, the conservative military-run nation is beginning to peel back the harsh anti-pot laws and opening the doors to medical research.

Thailand has a long history with the plant, where the words “bong” and “ganja” originated, which is also very much intertwined with our own American history with the plant. In December, it became the first country in Asia to legalize medical marijuana.

Citing the success of the western push to legalize cannabis both monetary and medically, Thailand is currently in a race with Malaysia to become the center of marijuana in Asia.


Chiang Mai university makes Thailand the first Asian country to grow its own breed of medical cannabis

Chiang Mai’s Maejo University has succeeded in creating the first Thai-bred, industrial-grade medical cannabis, giving Thailand the distinction of becoming the first country in Asia to develop a proprietary breed of the plant for medical use, a government official reports.

Anutin Charnvirakul, a deputy prime minister and public health minister, made the announcement while visiting Maejo’s Natural Agriculture Research and Development Centre this weekend.


The second-largest cannabis market in the World -- and it isn't Canada

There's little doubt that the U.S. is going to be the most lucrative legal cannabis market, once it's fully up and running, and assuming pot is legalized federally. And while the No. 2 spot has typically belonged to Canada, it may not end up that way. While Canada certainly has a head start, having been just the second country to fully legalize marijuana (Uruguay was first), it hasn't exactly been a smooth ride for the cannabis industry there in the period since.


Global Cannabis Oil Market expected to exceed US$ 2,468 Million By 2025

Zion Market Research published a new 110+ pages industry research “Cannabis Oil Market by Type (Organic Cannabis Oil and Non-Organic Cannabis Oil) and by Application (Recreational and Medical): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” in its database. The global Cannabis Oil Market research report carries an in-depth fundamental framework of the market, which is derived from the analysis of data acquired through various sources.


8 ancient cultures that loved smoking weed

While people’s opinion on marijuana today is divided between people who think it’s totally cool to use and others who think you’ll become a dangerous killer if you use it, that wasn’t really the case in the past, writes Jason Misulonas. For thousands upon thousands of years, ancient cultures used cannabis as a medicine, a building material and even just to get rid of the blues.

Here are eight ancient cultures that enjoyed using cannabis:


CBD-infused beauty products: The next big thing in Asia

Beauty and wellness products infused with cannabidiol (CBD), a non-psychoactive compound found in the marijuana plant, is expected to become the next big thing in skincare worldwide. South Korea, China and Japan are moving to grab leadership in this new market segment in Asia.

But they’ve got to legalize marijuana use first.

Worldwide, the market for beauty products made from CBD is projected to be worth $25 billion by 2029, or 15 percent of the total global beauty market over the next 10 years, according to financial services company Jeffries Group LLC.


Is Asia set to become the next big medical cannabis continent?

While most of the attention when it comes to cannabis legalization is focused on North America these days, some people have an eye on Southeast Asia where medical cannabis, decriminalization, and even legalization are a hot topic.

Thailand legalized medical cannabis for certain conditions back at the beginning of this year, and that caught the attention of investors from around the world. And while traditionally, many Asian countries have been extremely tough on cannabis in the past, that attitude seems to be changing.


Medical cannabis is gaining momentum in Asia

With Thailand’s legalization of medical cannabis in February, some experts predict that other Southeast Asian countries may move to decriminalize the plant.

If that happens, it could prove a significant opportunity for investors interested in the space.


Countries where cannabis is legal (or decriminalized) – 2019 Travel Guide

Planning to travel abroad? Excited to try new, exotic weed? Pot definitely makes every trip better. However, buying weed in a foreign country can be risky and get you in a lot of trouble.

The so-called cannabis tourism has become the next big thing for weed lovers who want to enjoy their favorite herb in a new place without fearing any legal repercussions.

You may be surprised to hear that only two countries in the world completely legalized weed for recreational use, one of which prohibits foreigners from buying it.

So if you plan to travel, the first thing you should do is check the cannabis laws of your destination country.


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