TOAT Targets Cannabis Businesses to Compensate Declining Tobacco Income

BANGKOK (NNT) – The Tobacco Authority of Thailand (TOAT) expects lucrative businesses related to cannabis and hemp extracts will help compensate for deteriorating income from tobacco production.

TOAT Governor Panuphol Rattanakanjanapatra said TOAT is drafting a ministerial regulation to give the organization an authority to grow and produce extracts from cannabis and hemp, which can be used in medicine and cosmetics.

Full story: National News Bureau of Thailand

Reporter: Paphamon Arayasukawat
National News Bureau of Thailand