VPRB - VPR Brands LP (VPRB) Positioned to Experience Windfall as Thai Hospitals Start Administering Cannabis Oils
- VPR Brands is set to benefit from the approval of medical marijuana in South Asian markets
- The Thai marijuana industry is expected to reach $661 million by 2024
- VPRB announced growth of $1.58 million for Q2 2019, marking a 31 percent increase over last year
VPR Brands LP (OTCQB: VPRB), a technology holding company whose assets include issued U.S. and Chinese patents for atomization-related products, including technology for medical marijuana vaporizers and electronic cigarette products and components, is positioned to benefit as the Southeast Asian medical market could soon start using medical marijuana for the treatment of its patients. This news was announced by Thailand Public Health Minister Anutin Charnvirakul, who is also the deputy prime minister of Thailand (http://nnw.fm/AqC5M). This is the first time that Thai state hospitals will be administering cannabis oils to patients since the country passed legislation allowing such treatment.
“This is the outcome of legalizing medical cannabis,” Charnvirakul stated in a press conference. “There is no hidden agenda. We only want to support every patient.” The Government Pharmaceutical Organization (GPO) delivered the initial shipment to the public health ministry to distribute to hospitals for about...
NOTE TO INVESTORS: The latest news and updates relating to VPRB are available in the company’s newsroom at http://nnw.fm/VPRB
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