Thailand set to cash in on multi billion baht medical ganja market - more if it turns recreational

Thailand set to cash in on multi billion baht medical ganja market - more if it turns recreational

 

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Thailand is set to play a part in what strategic analysts are calling a major boom in the ganja market in Asia.

 

Strategic consultants Prohibition Partners said out of London last week that the Asian medical ganja market is set to be worth 5.8 billion US dollars by 2024.

 

It could be worth 8.5 billion if recreational use is added.

 

Major players are China, Japan, India, South Korea and Thailand. 

 

Med Hub News reported on the enormous potential for profits to be made in the drug with tens of millions of potential medical cannabis users and millions more recreational users in the region especially in India. 

 

Reports have suggested that the Thai market could be worth 21 billion baht. 

 

 

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