Most Hopeful Article of the Week ! “Can Hong Kong become Asia’s hub for medical cannabis and hemp?: Part I”

Most Hopeful Article of the Week ! “Can Hong Kong become Asia’s hub for medical cannabis and hemp?: Part I”

This three-part series by the Cannabis Fund explores the opportunity Hong Kong has to become a main-players in the medical cannabis and hemp industry in Asia. Part I looks at why Asia is a prime spot for the distribution of these products, and how best to begin such initiatives. Medical cannabis, its milder cousin CBD, and a plethora of environmental and impact hemp technologies are already sweeping across Asia. While countries like Thailand have taken the lead, the heavy-hitters are not far behind, with change anticipated in China and India. The question for Hong Kong is whether it will step up to the challenges and opportunities this will bring or if it will remain on the sidelines. The opportunity is huge. Seasoned cannabis industry insiders believe Asia could be the world’s production and consumption hub with the potential to amass tens, if not hundreds of billions of dollars in revenue. Just as with trade and finance, Hong Kong is the obvious choice for some to become the centre for Asian ventures in medical cannabis and hemp, especially given Singapore’s traditionally draconian attitude to the product. However Hong Kong cannot afford to assume it will be the first choice for industry…

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Source : CANNANNEW REPORT
Link to original : Most Hopeful Article of the Week ! “Can Hong Kong become Asia’s hub for medical cannabis and hemp?: Part I”
reposted by Cannabis News World

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