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This is a significant step forward in the development of Thailand’s medical cannabis industry and an exciting opportunity for us to continue providing customers with quality products of our own, said Wang.
The medical cannabis industry is a rapidly growing sector of the healthcare industry. It has seen tremendous growth in the last two decades, as more and more states have passed laws legalizing the use of the same for certain medical conditions. This has opened up new opportunities for entrepreneurs and investors who are looking to capitalize on the burgeoning market. This medical sector offers many financial opportunities, including retail dispensaries, cultivation, processing, and delivery services. There are also opportunities to provide consulting services to help patients and businesses navigate the complex legal and regulatory environment surrounding the industry. Additionally, there are research and development opportunities to develop new products and services that can help improve the quality of life of those who use these medical cannabis products.
Thailand has recently made significant progress in the realm of medicinal cannabis legislation, becoming the first country in Asia to decriminalize it nationally, and the first country in South Asia to pass legislation legalizing its use for therapeutic purposes. Reports suggest that the administration is taking the necessary steps to ensure that these legislative developments are implemented correctly. Entrepreneur William Wang, looking at the recent developments, recently announced the opening of his cannabis greenhouse in Thailand under the licence of his company, Bicaro Holding. Speaking on this subject, Wang said, “As the industry continues to grow, more job opportunities will open up in the medical cannabis industry, providing many exciting opportunities for those looking to enter this rapidly growing sector. At Bicaro Holding, we have always been committed to providing our customers with the highest quality products, and this new greenhouse is no exception. We are proud to be the first company in Thailand to operate a cannabis greenhouse and are confident that it will help us to continue providing our customers with the best possible products.”
Mr Tom Kruesopon and Mission Peak (Thailand) Co. LTD have entered into a collaboration agreement, enabling Bicaro to establish cannabis farms in the country, inform co-founders Panitan Samee, William Wang and Jonah Ng. The greenhouse is situated at 55/5 Moo 1 Rangsit-Nakhon Nayok Road (Khlong 3), Bueng Yitho Subdistrict, Thanyaburi District, Pathum Thani 12130. “This initiative seeks to create long-term value for investors and generate revenue through the extensive cultivation of cannabis in various greenhouses across Thailand,” says Wang who is confident that this project will take off at a fast pace once the operations are on track.
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