The Thailand legal cannabis market is projected to reach USD 7.10 billion by 2030, growing at an impressive compound annual growth rate (CAGR) of 33.0% from 2025 to 2030. This remarkable growth is being driven by several key factors, including the legalization of cannabis and its increasing use for medical purposes. In addition, significant investments in CBD-related research and development (R&D) from government organizations, NGOs, private companies, and universities are boosting the market. Furthermore, government initiatives to promote the integration of cannabis into various industries are also playing a pivotal role in fueling the market's expansion.

Cannabis extracts are increasingly being used for the treatment of various medical conditions, such as mental disorders, cancer, pain management, and nausea. Additionally, cannabis is gaining popularity for recreational uses, particularly for activities like vaping. The demand for cannabis oils and tinctures is also on the rise due to the social stigma that still surrounds smoking cannabis buds. Read more @ https://www.grandviewresearch.....com/industry-analysi