On August 10, 2021, led by the General Office of the Chiang Rai Provincial Government, the FDA, the Department of Health, the Drug Administration, the Department of Agriculture, and the Department of Health of Mei Cham County conducted a planting permit inspection and acceptance of the ATL Hemp Complex Park.

The acceptance inspection was carried out strictly for the security, monitoring, sanitation permits, planting management and other indicators of the 13-rai planting greenhouses divided into ATL bases in the planting park and the 40-rai planting greenhouses cooperating with the provincial agricultural cooperative.

The ATL cannabis integrated base is a comprehensive cooperation between DAPP Group and weed me inc, a leading biotechnology company in the field of Canadian medical cannabis, to conduct NFT standardized cannabis primary under the full government supervision of the cannabis industry from planted seedlings to CBD essential oils and freeze-dried powder. The product is attempted to be blockchain-based.

Dr. Victor, an expert in the field of medical marijuana in Canada, said: The global, especially European and American demand for legalization of the marijuana industry has steadily increased in recent years. Thailand’s natural climate, labor, and land will provide high-quality and stable CBD supply to the international market. NFT happens to be able to effectively link the international order supply chain and CBD futures, which will profoundly change the development speed and quality of this industry, and it will also provide effective traceability for imports and exports from the United Nations Narcotics Control Board to various cannabis legalized countries. monitor.

Thai law stipulates that cannabis cultivation can only be cultivated by domestic people. The cooperative company DAO responsible for the cultivation will provide legal licenses, technical support, seedling cultivation, pest control counseling and other output for various agricultural cooperatives in Chiang Rai, combined with the efficient confirmation of NFT. It provides strong offline support for the primary product repurchase processing of local hemp farmers, and the most important primary processing CBD product futures among international order pre-sales.

It is reported that the completion of this acceptance means that the first batch of NFT cannabis futures can submit relevant licenses for NFT issuance to the US regulatory agency. CBD-NFT will be launched on the REITs CHAIN public chain in the fourth quarter of this year. Victor said that he is looking forward to the performance of RCH's low energy consumption and high throughput to help CBD-NFT in the DeFi+NFT aspect of asset digitization empowerment.