Business trendsThailand companies make marijuana investments after legal shift
Decriminalization prompts conglomerates and small businesses to grow thousands of plants
By becoming the first Southeast Asian nation to decriminalize marijuana for medical and recreational use, Thailand has caught the eye of the business community, which smells opportunity. © Getty Images
APORNRATH PHOONPHONGPHIPHAT, Nikkei staff writer
BANGKOK -- Thailand's marijuana and hemp business is drawing interest from companies large and small in the country, attracting more than 1.2 billion baht ($35 million) of investment as they aim to cash in on the decriminalization of cultivation and use of the plants.