Tug Captain

A few months ago I was set to invest 1/2 Million USD here in Thailand in the Cannabis Industry.

I backed out as the ROI Return on Investment was not sufficient for me.

Right now, the very first thing you must do is get an MOU Memorandum of Understanding with a Govt Hospital or University and part of that agreement is you turn over all you grow.

there is no money in growing 6 plants or even 500 plants.

The money is in the downstream business of selling the extract oils, selling the extracts to the medical industry, skin care industry, soon THC and CBD will be available in many drinks..........these are the places where big money is to be made.

I thought it would be great to set up a 500 plant growing sit.

state of the art.

as automated as possible.

set this up as a busness for my wife and daughter.

in Sept 2020 I went to Bangkok and met with the 2 guys you see in every pic about legalizing Marijuana.  One is a govt guy, the other already has several greenhouses in Buriam, has the only extraction machine in Thailand, many MOU in place and many th8ngs happening internationally.

he is the guy who gave me the advice that growing and selling the plant is not where the money is.

it will be similar to farming today, the farmer isn’t getting rich, but the people processing what the farmer grows is.

The numbers published about what will be paid for green product ARE VERY GROSSLY EXAGGERATED  plus this will all be tested for any type of additive or insecticide, pesticide, fungicide.........if there is anything on the plant, you can’t sell it, these products are certified 100% safe from everything.

even growing in a greenhouse in Thailand is a constant struggle with pests n fungus.  Marijuana is very prone to fungus in high humidity.

Mae Jo University near Chiang Mai planted 1200 plants, they only harvested 100 due to a fast moving fungus and also insects and that was at a nicer site that has agriculture programs.

good luck if you try it.

get that MOU first