Sappe Public Company Limited (SAPPE) and Thai Hemp Wellness Company Limited have signed a memorandum of understanding to promote hemp plantations in March 2021. Sappe is looking at leveraging the expertise of Thai Hemp Wellness, which operates hemp plantation for extract by scientific methods. Expect to see more innovation by Sappe towards this direction in the near future.
The farmers are in the process of applying for a permission to grow hemp with cultivation is expected to start in May 2021. The extract will be further developed into other products such as ready-to-eat hemp extract food and drink. The company will apply for permission from the Food and Drug Administration (FDA) before introducing the product into the market.
