Many businesses are preparing to conduct research and development of food and medical products. Take advantage of CBD to develop products to market.
The difference between “Hemp” (Hemp) and “marijuana” (Marijuana), which are plants in the same family. The form of the tree is so similar that it may be indistinguishable. They both contain cbd öl. But what determines whether the plant is legal or not? THC is the amount of the neurotransmitter known as THC, which is still classified as a Category 5 drug today.
Therefore, if thinking of cultivating or entering this business, must understand and select the breeders that are planted according to the law.
Many companies have begun to announce themselves to enter this business gradually. But what to look out for is the Golden Triangle Group Co., Ltd. (Golden Triangle Group Co., Ltd.) or ‘GTG,’ a company that conducts research studies for legal hemp breeders. The THC content in dried inflorescences is not more than 1%, and the CBD content is high to produce CBD extracts with a THC content of not more than 0.2%, which is not considered a legal drug. In developing and owning hemp breeds, Named “RAKSA,” it provides 15.8% of the average cbd öl content in the whole plant, which is considered one of the world’s highest CBD hemp seeds.
GTG is led by Mr. Krit Theerakaosan, a former Investment Banker with over ten years of experience in international business. It has been behind successful projects such as acquiring assets from major European and Australian oil companies such as Shell and bringing in oil companies and listed on the Oslo Stock Exchange (OSE), the first company. In Asia, that has been successful. He is also a financial advisor in making M&A (Merger & Acquisition) deals for leading companies in the country, such as Bangchak and PTT.
From past experiences, Mr. Krit had the opportunity to study a new business like Cannabis – Hemp (Cannabis), which is legal and has been very successful in medicine, food, cosmetics, etc., in the country. Canada, the United States, Israel, and Spain generate vast business and money. This saw an opportunity to create a Cannabis market in Asia as Thailand has more suitable geography and climate for cultivation than the above countries. Therefore, together with two other partners, Khun Student Sitthiasa and Mr. Robert Stone, established the Golden Triangle Group Co. Ltd. to study. Research and development on cannabis – hemp in full cooperation with Chiang Rai Rajabhat University (‘CRRU’) to obtain a breeder. and cultivation methods suitable for the climate of Thailand.
To become the Cannabis Leader in Asia’s Genetic and Cultivation, GTG has acquired strains from world-class experts in strain development and cultivation. More than 30 years of experience, like Jaime Carrión (founder of the ‘Resin Seed’ seed bank and the first person to start using cbd öl for medicinal purposes in Europe) has made GTG a company with its strains. Carrión also oversees the project as a Senior Cultivation Director.
In addition, GTG was honored by Mr. Chatchawan Chearavanont, owner of Fortune Magazine, as the company’s president, and Mr. Pichai Chunhavachira, chairman of Bangchak Corporation Public Company Limited, as a consultant and Director of the company as well.
Mr. Krit revealed that “GTG has signed a cooperation agreement with Chiang Rai Rajabhat University since 2019 to build a research center to study and develop species. By controlling water, nutrient and air conditions to ensure high quality cannabis-cannabis plants, GTG studied and researched more than 12 cultivars that are suitable for the climate in Thailand to succeed in breeding development. It has an average of 15.8% of CBD in dried flowers, which is among the highest in the world (the international average is around 10%), while it has a THC content of less than 1%, which is the first. and the only one in Asia. In addition, GTG has already conducted experimental studies on the use of CBD in various products.”
