Stock prices performance of cannabis-infused food and drinks firms Thailand 2021

Published by Kankanit Ciba, Mar 1, 2023
In 2021, SAPPE or also known as Sappe Private Company Limited, experienced the greatest change in stock prices of around 26.4 percent compared to other shares that plan to sell cannabis-related food and drinks in Thailand. Sappe is one of the major players in Thailand's beverage industry, especially for producing health related drinks.

Change in stock prices of companies that plan to produce cannabis-infused food and drinks in Thailand in 2021

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Release date

March 2021

Region

Thailand

Survey time period

January 29 to March 11, 2021

Supplementary notes

For the related sector of each company, companies that engage in restaurant related products are M and ZEN. Companies that engage in beverages are CBG, OSP, SAPPE, OISHI, ICHI, TIPCO, and MALEE. CPF mainly produce general food products. Finally, TKN engages in snack products.

The change in prices were calculated from the 29th of January 2021 until the 11th of March 2021 which was the period when Thailand's Food and Drug Administration (FDA) allowed companies to register for cannabis endorsement.

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