Get local news delivered to your inbox!
SōRSE VP of International Markets, Tim O’Neill; Hempagoda CEO, Vaughn Graham; SōRSE CEO, Howard Lee; and SōRSE EVP of Research & Technical Business Development, Michael Flemmens, at Cannabis Business Asia 2022.
SEATTLE–(BUSINESS WIRE)–Apr 5, 2022–
SōRSE Technology Corporation, the leading water-soluble emulsion technology company for Consumer Packaged Goods, today announced that it has entered the hemp and cannabis marketplace in Thailand. SōRSE currently powers over 100 infused products on the market. SōRSE has entered an exclusive partnership with Hempagoda to make the SōRSE Technology platform available to the Thai market. In 2019, Thailand became the first Southeast Asian country to legalize cannabis for medical use and research, as well as hemp for producing textiles, garments, and other products. In February 2021, Thailand legalized the use of hemp and CBD in food and cosmetics, and early this year, the government removed cannabis and hemp from its list of controlled substances. These steps have created the opportunity for the production of infused products in 2022.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220405005298/en/
SōRSE VP of International Markets, Tim O’Neill; Hempagoda CEO, Vaughn Graham; SōRSE CEO, Howard Lee; and SōRSE EVP of Research & Technical Business Development, Michael Flemmens, at Cannabis Business Asia 2022. (Photo: Business Wire)
Over the past three years, SōRSE has expanded its global presence to Australia, Canada, the EU, Latin America, the UK, Asia and South Africa. This licensing agreement will mark SōRSE’s entrance into Thailand and the greater Southeast Asia marketplace. The emulsions will be produced at Hempagoda’s 12,000 square meter facility in Bangkok.
Hempagoda CEO Vaughn Graham commented: “Since Thailand legalized the use of hemp and CBD in food and cosmetics, there has been plenty of interest from both consumer and Food and Beverage producers for product offerings incorporating cannabis. We’ve seen basic herbal teas and some other ‘beginner market’ products on the Thai market already. With our SōRSE partnership, we are empowering the entrepreneurship and creativity of Thai producers to develop unique, exciting, great-tasting products Powered by SōRSE.”
SōRSE’s water-soluble solutions launched at Cannabis Business Asia 2022 on March 23 and 24 in Bangkok, which is the leading event on the development of the Asian medical cannabis and hemp market. SōRSE VP of International Markets, Tim O’Neill, and Hempagoda CEO, Vaughn Graham, presented at the conference on March 23 on “ How to Incorporate Cannabinoids into End Consumer Products.”
SōRSE CEO Howard Lee commented, “This partnership presents an amazing opportunity for both our company and our partners to expand their reach into an emerging regional marketplace for infused products. Thailand is paving the way for neighboring Asian nations to consider the benefits of having hemp and cannabis products available to consumers. We’re excited to be the first American company to have products available in the Thai market; it’s a testament to all the hard work that has gone into creating a safe, stable, great-tasting product.”
For more information on how your product can enter the Thai marketplace, please contact SōRSE here.
About SōRSE Technology
SōRSE Technology is the leading water-soluble emulsion technology for infusing functional ingredients into beverages, food items, nutraceuticals, and personal care products. SōRSE is designed for product developers to make oil-based functional ingredients water-soluble for seamless integration and increased efficacy, while also providing the consumer with a consistent, safe, and enjoyable experience. With an R&D and Operations team of over 30 employees, SōRSE powers more than 100 leading products including Cann, Jones Soda, Mad Tasty, Aprch, and Major. SōRSE Technology is available in North America, South Africa, South America, Australia, Europe, and Asia. For more information, visit www.sorsetech.com.
About HEMPAGODA
Based in Bangkok, Thailand, Hempagoda is a vertically integrated cannabis business. Business activities include Cultivation, Extraction and Production of value-added CPG ingredients and exciting finished products and international and local sales and marketing. Cultivation includes contract farming arrangements with Thai growers as well as a 12000 square meter indoor growing and production site in Bangkok. Products by Hempagoda to be released in 2022 include:
For more information, visit www.hempagoda.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20220405005298/en/
CONTACT: SōRSE Technology
Tim O’Neill
VP of International Markets
Tim@sorsetech.comHempagoda
Vaughn Graham
CEO and Founder Hempagoda
vaughn@hempagoda.com
KEYWORD: WASHINGTON GERMANY NORTH AMERICA ASIA PACIFIC EUROPE UNITED STATES IRELAND UNITED KINGDOM THAILAND
INDUSTRY KEYWORD: RETAIL OTHER CONSUMER CONSUMER TOBACCO SPECIALTY FOOD/BEVERAGE
SOURCE: SōRSE Technology Corporation
Copyright Business Wire 2022.
PUB: 04/05/2022 05:00 AM/DISC: 04/05/2022 05:02 AM
http://www.businesswire.com/news/home/20220405005298/en
Copyright Business Wire 2022.
Get local news delivered to your inbox!
An officer was parked near Graceland Cemetery when he watched a gray sedan leave the roadway, drive through a metal fence and down a 4-foot embankment before crashing into a tree, according to the criminal complaint.
The Kenosha Police Department’s Special Investigations Units shut down a drug house in the city’s Uptown neighborhood on Thursday.
Last night in a shocking, unscripted incident, Will Smith took the 2022 Academy Awards stage to strike Chris Rock in the face after the comedi…
“I think there should be a hefty internal investigation by DCFS into this case,” Peoria County Coroner Jamie Harwood said. “And if there were failures, those should be remedied.”
A woman was arrested Thursday for neglect after a 4-month-old baby died from injuries police say the child sustained while in the woman’s care.
SOMERS — A 65-year-old man from Racine was struck and killed Saturday night while attempting to walk across the interestate from his disabled …
Kenosha Police continued to investigate gunfire that reportedly struck a home near the intersection of 51st Street and 17th Avenue Monday night.
Laura R. Jorgensen, 71, of Kenosha, died on Friday, March 25, 2022, at Froedtert Memorial Lutheran Hospital in Milwaukee. The Bruch Funeral Ho…
Darrell Brooks, who is Black, sent a letter to his mother saying that guards paid inmates to spit in his food.
A now-former Racine County Jail correctional officer is facing criminal charges for allegedly providing marijuana and alcohol to an inmate he knew “from the outside.”
SōRSE VP of International Markets, Tim O’Neill; Hempagoda CEO, Vaughn Graham; SōRSE CEO, Howard Lee; and SōRSE EVP of Research & Technical Business Development, Michael Flemmens, at Cannabis Business Asia 2022.
Get up-to-the-minute news sent straight to your device.
Author Profile
Latest entries
राशीफल2024.05.1919 मई 2024, आज का राशिफल (Aaj ka Rashifal): धनु राशि वाले किसी कार्य को करने में आनाकानी ना करें – ABP न्यूज़
लाइफस्टाइल2024.05.19इस मौसम में कुछ लोग ले रहे हैं कोल्ड प्लंज का आनंद, जानिए क्या है यह और क्या हैं इसके फायदे – Hindustan
विश्व2024.05.19Explainer: चीन में तेजी से बीमार पड़ रहे बच्चे, जानें क्या है रहस्यमयी निमोनिया और इसके लक्षण – NDTV India
टेक2024.05.19Google is shutting down this four year old service in June this year – The Times of India
