Cannabis & Hemp License Thailand

Your Guide to Obtaining a Cannabis and Hemp License in Thailand

If you’re looking to enter the cannabis or hemp industry in Thailand, we’re here to help you navigate the entire process, step-by-step.

From setting up your company to ensuring full compliance with local laws, SiamConsult is by your side to make this journey smooth and straightforward.

Understanding the Legal Framework

To start, it’s important to know that Thailand’s cannabis laws are evolving, especially with the upcoming Cannabis-Hemp Act expected to come into effect in 2024.

While Thailand supports the medicinal, research, and industrial use of cannabis, recreational use remains prohibited. Extracts containing more than 0.2% THC are still considered narcotics, so staying compliant is key to avoiding penalties like fines or imprisonment.

Types of Licenses You May Need

• Cultivation License:
  For growing cannabis plants, whether for commercial, industrial, or medicinal purposes.
  
  

• Production License:
  Required if you’re processing cannabis into products like oils, edibles, or pharmaceuticals.
  
  

• Distribution License:
  Necessary for selling cannabis products within Thailand.
  
  

• Import/Export License:
  For trading cannabis or hemp products internationally.
  
  
  

Eligibility Criteria: What You Need to Know

• Thai Ownership:
  At least 51% of your company’s shares must be owned by Thai nationals.
  Additionally, two-thirds of the management team and the capital must also be Thai-owned.
  As a foreign investor, you can still participate by forming a joint venture with a local partner.
  
  

• Business Registration:
  Your company must be set up as a Thai Limited Company.
  This involves a few steps, including registering your business, obtaining a work permit, and securing a business visa if you’re a foreigner.
  Don’t worry—we can handle these details for you.
  
  

• Compliance with Standards:
  Strict regulations govern THC content, security measures, and record-keeping.
  For example, cannabis extracts should not exceed 0.2% THC, and smoking cannabis in shops is not allowed.
  
  

• Legal Requirements:
  The applicant must be at least 20 years old, have a residence or office in Thailand, be financially solvent, and free from criminal records related to narcotics.
  
  
  

How to Get Your License: The Steps We’ll Take Together

• Register Your Company:
  We will help you establish your Thai Limited Company, making sure you meet all the legal requirements for ownership and management.
  This includes preparing all the necessary paperwork and guiding you through the registration process.
  
  

• Obtain the Necessary Permits:
  We will assist in obtaining a business visa and work permit if needed.
  If you plan to cultivate cannabis, we’ll help you register through the “Plook Ganja” app or website from the FDA.
  
  

• Prepare and Submit Your Application:
  We’ll make sure your application is complete and includes everything required—such as identification, proof of ownership for cultivation sites, security plans, and medical certifications if you plan to sell for medical purposes.
  
  

• Wait for the Review:
  The application will be reviewed by local authorities and then forwarded to the FDA.
  This process can take 2-3 months if submitted directly to the FDA or 4-5 months if done through provincial offices. We will keep you updated throughout this time.
  
  

Keeping Everything Compliant

Once your license is granted, you’ll need to stay on top of all the ongoing regulations.

This includes adhering to all rules, such as restrictions on cannabis use, keeping detailed records, and ensuring transparency in your business operations.

We’ll make sure you remain compliant, especially as the new Cannabis-Hemp Act comes into effect.

Why Partner with Us?

At SiamConsult, we understand the unique challenges that come with starting a cannabis business in Thailand, especially for foreigners.

With our experience and local expertise, we will help you navigate every step, from setting up your company to securing the necessary licenses and beyond.

Let us handle the complexities so you can focus on building your business. We’re here to ensure you meet all the requirements and remain compliant with Thai laws.

Contact us today:
 info@krabi-accounting-Law.com
or call +66 82 419 1993.

Let’s make your cannabis business a success in Thailand—together!

If you have any questions or need further guidance, don’t hesitate to reach out.
We’re here to help!