to do the same. However, it's the first-to-market allure that piques the interest of some in the cannabis market. , heralded Thailand's first mover advantage in the region. Calling the investment opportunities "more and more attractive," Du Chesne said there are limitations for outside investment.
"There are massive opportunities emerging in Thailand, with interesting limitations on foreigners," he said. One of the more limiting parameters of the law was recently amended by lawmakers,. Under the previous laws, only the government, approved cultivators, and universities were able to participate.
If the bill ultimately passes, the private sector, including non-Thai citizens, could apply for a license. That said, laws still stipulate that each company must be primarily Thai-citizen controlled. "The Thai have a strong nationalistic feeling about cannabis," Du Chesne said. "Partner with the locals if you're even thinking about cultivation."$260 million in 2019
. Highlighted by several nations legalizing medical cannabis, the continent looks poised to be a prime player in the global market. While the previously mentioned Germany is considered the headliner, numerous other nations have spent the past few years staking their claim as well. Malta is one that often goes unheralded despite its strong potential.
The Mediterranean nation of around 500,000 people is a prime player in the medical market due to its early adoption of the industry, not only
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