Weed's next frontier is in Asia
Weed’s next frontier is in Asia
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SET-listed Gunkul Engineering, a renewable energy developer and construction firm, has announced its participation in an auction for power generation from renewable resources to be held by the Energy Regulatory Commission (ERC).
In June, Thailand became the first country in Asia to remove marijuana from the country’s narcotics control list and legalise it for growth and consumption in food and drinks. The change aims to support the medical use of marijuana and facilitate new business opportunities.
Two SET-listed firms -- renewable energy developer Gunkul Engineering and IT retailer Jay Mart -- are bolstering their joint venture, JGS Synergy Power, through a share swap worth 500 million baht each to tap into increasing demand for rooftop solar panels.
Beverage company Sappe Plc is adjusting its strategies to sustain business growth in the long term.