Clinic business

US company opens medical marijuana clinic in Thailand

An American cannabis company has jointly opened a medical marijuana clinic in Thailand, making it the first foreign franchise to do so. The clinic, located on Sukhumvit Soi 13 in Bangkok, treats Parkinson’s disease, Alzheimer’s disease, cancer, eating disorders and insomnia. The clinic anticipates that changes to Thai laws in July will allow them to give patients THC-dominant products for research purposes.

Smoking marijuana for recreational purposes is still illegal in Thailand. But in 2020, Thailand became the first Asian country to allow production and use for medicinal purposes, under strict controls.

Herbidus Medical Center, which opened on March 7 this year, is jointly operated by a Thai company “NR Instant Produce” and a Las Vegas-based company “Audacious”. The clinic is located on the 4th floor of the “Trendy Building” on Sukhumvit Soi 13, between Nana and Asok BTS stations.

Doctors at the clinic usually give patients a bottle containing a liquid rich in cannabidiol, or CBD, with 0.2% tetrahydrocannabinol, or THC, according to Thai law.

The company buys the oil for 450 baht from the Thai government and then resells it to customers for 1,000 baht, according to the clinic’s Thai partner, Julpas Kruesopon.

However, the cannabis oil produced by Audacious in the United States contains much higher levels of THC, which makes it much “stronger”. Julpas predicts that medical treatment using higher levels of THC will become licensed under supervision in July, allowing the clinic to give patients THC-dominant products for research purposes.

Julpas said that in the future, he hopes the company’s products will be sold in the United States and Canada. Currently, the clinic is looking for more Thai partners to develop CBD-infused beauty creams, herbal remedies, spa treatments and beverages.

SOURCE: Asia Times