DOD Signs an MOU with CHAYO to Fully Advance in Hemp-Related Products

DOD Biotech Public Company Limited (DOD) has announced that on March 10, 2021, the company entered into a 1-year memorandum of understanding (MOU) with 555 Shopping Company Limited, a subsidiary of Chayo Group Public Company Limited (CHAYO).

 

DOD stated that the company is a supplier of hemp seeds and the developer of dietary supplements containing hemp as an ingredient. The MOU is to sell the products to 555 Shopping Co., Ltd. and to buy hemp from the plantation of 555 Shopping Co., Ltd. in order to extract it as an important substance used in dietary supplements.

 

In this regard, the production and distribution of products, mutually agreed upon, await approval from the Food and Drug Administration.

 

In addition, DOD had just signed a 2-year MOU on March 3, 2021, with JKN Health and Beauty Co., Ltd. to develop the dietary supplement product which contained Hemp as an ingredient.