Cambodia: Prospect for a Budding Industry
With Cambodia’s traditional cash crops struggling to compete in global supply chains, the Kingdom could carve out a lucrative niche in commercial cannabis harvesting and exports – provided it acts fast to take advantage of the falling legal barriers, a Cambodia-based American innovator has argued.
Jim Plamondon, a former technical evangelist for Microsoft, said cannabis, the flowering plant that produces marijuana, was a potential goldmine for the Kingdom’s agricultural sector, which employs two-thirds of the country’s workforce.
He said US elections earlier this month were a tipping point, with more than half of the 50 US states having now legalised marijuana for medical use, such as treatment of glaucoma, and seven states legalising it for recreational use.
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Kali Kotoski and Cheng Sokhorng ~ PhnomPenhPost.com via 420Intel.com ~