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Article Suggests Thailand Being Flooded By US Cannabis Imports

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Newsweed reports

Kajkanit Sakdisubha, CEO and founder of Taratera, which operates cannabis farms and shops, told Reuters that illegal imports began when the post-decriminalization sales boom led to the depletion of the domestic supply.

“That’s when the imported flowers started arriving,” says Kajkanit.

According to three industry members, at least half of the cannabis sold in Thailand is smuggled in, although they have no estimate of the quantity or value of the imports.

Pro-cannabis activist and retailer Chokwan “Kitty” Chopaka said the United States was the main source of the cannabis that has flooded Thailand, especially in its tourist hubs.

“Much of the cannabis coming from the United States is destined for dispensaries in Bangkok, Phuket or Pattaya,” she said.

Local farmers impacted

Pornchai Padmindra of the Thai Industrial Hemp Trade Association, which has about 300 members, said that as profit margins shrink, many growers are considering exiting the industry.

“People are struggling,” he said. “Things are getting tough. »

The large quantities of cannabis smuggled from abroad have indeed lowered wholesale prices and ultimately harmed growers.

The Thai Chamber of Commerce has estimated the sector could be worth $1.2 billion by 2025, but cultivator Srapathum Natthapong, 37, who has invested much of his savings to get into the industry, said said he had seen his income decline.

“At first, I could sell a kilo for between 350,000 and 400,000 baht (10,000 to 11,000 euros),” Srapathum Natthapong, a cannabis grower who operates three indoor farms, told Reuters.

In April, the date of the next harvest, Srapathum expects the price to have fallen to 200,000 baht (5,500 euros) per kilo.

“Smuggling harms us,” he said.

1.1 million people in Thailand have registered with the government to grow cannabis. It is not known if all do this or how many people grow cannabis without registering.

https://www.newsweed.fr/cannabis-vendu-thailande-etats-unis/



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Cannabiz Weekly Report (Australia) Headlines Suggests A Rather Sickly Sector – Maybe They Need Some Medical Cannabis!

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Firms owed $1.7m by OneLife Labs

OneLife Labs owes more than A$1.7 million to creditors, including $365,000 to Colombian producer Clever Leaves, as potential buyers continue to explore the acquisition of its manufacturing facility.

Health House parent hits financial wall as Melodiol enters administration

Health House parent Melodiol Global Health has entered voluntary administration, the third medicinal cannabis company to hit the financial wall in the space of six weeks.

Epsilon sets ‘roadmap’ but issues remain as firm seeks ASX return

Epsilon Healthcare has “re-established its foundation” and has a “clear roadmap for sustainable profitability”, its chairman has said.

Releaf’s new owners explore plan to bring franchisees back

The newly-formed joint venture which acquired Releaf Group assets has approached former franchisees as it looks to rebuild the network and bring disillusioned patients back into the fold.

Melodiol facing creditor and loan debts of $17m, report reveals

Troubled Melodiol Global Health has racked up A$17 million worth of debt, an initial administrator’s report has revealed, as efforts continue to sell its distribution arm, Health House.

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Paper – Australia: NSW cannabis medicines advisory service retrospective enquiry analysis to inform clinical guidance resource development.

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An innovative New South Wales government funded statewide Cannabis Medicines Advisory Service (CMAS) operated between January 2018 and June 2022. The service provided comprehensive patient-specific and evidence-based information to support health professionals in prescribing and patient care decisions. This study aimed to describe real-world data collected by CMAS.

A sub-set of de-identified, patient-specific enquiries collected between January 2021 and June 2022 (n = 123/567; 21.7%) were analyzed using R version 4.2.1. Diagnosis, indication, and comorbidities were coded using Medical Dictionary for Regulatory Activities (MedDRA) terminology.

Most patient-specific enquiries from medical practitioners were from general practitioners (n = 103/123; 83.7%). Female (n = 53/123; 43.1%) and male (n = 59/123; 48.0%) patients were similarly represented. Sex was not specified for 8.9% (n = 11/123) of patients. The mean age of patients was 52.1 years (range <10-90). The most common three diagnoses were osteoarthritis, anxiety, and chronic pain. Indications that were most frequently reported included chronic pain, anxiety, back pain, non-neuropathic pain, and insomnia. Comedications were most commonly non-opioid and opioid analgesics and antidepressants. Most practitioners were considering prescribing a cannabidiol (CBD) product for their patient. Cannabinoid composition selection guidance provided by CMAS was predominantly (delta-9-tetrahydrocannabinol) THC:CBD ~1:1, followed by CBD-only products. CMAS was contacted by health professionals regarding the management of potential adverse events for five patients.

The findings of this study shed light on the information medical practitioners were seeking to inform their clinical decision-making about medical cannabis and can inform the development of clinical guidance resources.

© 2024 The Author(s). Neuropsychopharmacology Reports published by John Wiley & Sons Australia, Ltd on behalf of The Japanese Society of Neuropsychopharmacology.



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Australia’s Zenith Cannabis Clinic Throws Up More Question Marks.. It Appears They Are Providing Consults But Have No TGA Approval To Prescribe

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Hi I noticed you had a post about Zenith clinics I recently had a run in with them as I was seeking medication.

They are a scam they take your money which was $29 for the initial consult which they say they will return it’s just a pending holding fee for the consult.

A “so called doctor gives you a call on zoom they prescribe you”.

After two weeks nothing happened I called several times and got the same person with a south African accent they keep on telling me they are waiting for TGA approval this goes on and on they say it sometimes takes a long time.

I was fed up so I called ******* scripts got a free appointment the next day she prescribed me and the TGA approval only took 48hrs and I have the product now already.

I am yet to hear back from Zenith clinic. It’s not the money as it was only $29 but it’s the deception they must be doing this to a lot of people who really need medicine. I wanted to send this as people need to be warned so they are to right decision.



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