THAILANDSICThailand Standard Industrial Classification

TSIC Activity

01289

Growing of other spices, aromatic, drug and pharmaceutical crops, not elsewhere classified (Growing of other spices, aromatic, drug and pharmaceutical crops, not elsewhere classified)

จัดซื้อ จำหน่าย เพาะปลูก และส่งออกกัญชา และผลิตภัณฑ์จากกัญชา ซึ่งจัดเป็นสมุนไพรควบคุม (ทั้งนี้จะประกอบกิจการได้ ต้องปฏิบัติตามกฎหมายที่เกี่ยวข้อง)

What this activity covers

This activity involves the cultivation of various spices, aromatic plants, and medicinal herbs not classified elsewhere.

  • Spice cultivation — Growing spices like nutmeg, cardamom, and cinnamon
  • Aromatic plants — Cultivating plants used for fragrance and flavour
  • Medicinal herbs — Growing plants for medicinal purposes
  • Narcotic plants — Cultivation of plants like marijuana and opium
  • Herbs for protection — Growing plants for insect and fungicide protection

What companies here also do

Seen in real company registrations under this code — beyond the official definition, so licensing may differ.

  • Cannabis activities — Cultivation, extraction, and sales of cannabis and hemp
  • Processing herbs — Promotion and processing of herbs and kratom

Not included here

  • Tobacco cultivation, see activity 01150

Foreign ownership

List 1: Closed to foreign majorityinherited from 012

Rice farming, plantation farming or crop growing

FBA B.E. 2542, List 1 (2)

Auto-mapped, verify against the Act. These TSIC mappings are indicative, not legal advice; the schedules of the Foreign Business Act B.E. 2542 are the authority. See the full foreign ownership reference.

Industry at a glance

as of 23 ก.ค. 69

The whole registered industry under this activity, every registration year, from the DBD DataWarehouse.

1,455
active companies operate here
฿7.0Bregistered capital, combined
฿2.7B
Sector revenue · 2025
+91% since 2023
฿-827230327
Net profit · 2025
244 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
12%of new registered capital is foreign-held
฿6.5M foreign฿49.5M Thai

Foreigners are actively investing in this activity.

New in 2026

44-15.4%

registrations, YTD

Registered capital

฿7.0B-4.3%

since year-end

Largest by revenue

Latest filed-year revenue, not a multi-year total

  1. 1Natura Gen Labs Co., Ltd.฿900.1M
  2. 2Zbid Group TH Co., Ltd.฿148.8M
  3. 3HOLLYWOOD FARMS CO., LTD.฿128.2M
  4. 4Thai Stick Co., Ltd.฿95.7M
  5. 5Earthlabs Innovation Co., Ltd.฿82.9M

Largest by registered capital

  1. 1Sukjai Farm Social Enterprise Public Company LimitedBangkok฿545.0M
  2. 2Siam Medicann Co., Ltd.Bangkok฿375.0M
  3. 3Earthlabs Innovation Co., Ltd.Bangkok฿293.1M

Source: Department of Business Development DataWarehouse. Financial figures are combined totals of companies that filed statements; revenue and profit shown for the latest three reporting years.

Companies registered since 2022

Browse all

New DBD registrations under this activity since 2022, the period the registry snapshot covers, not the full historical register.

901
Registered
since 2022
756
Still active
145
Dissolved
฿2.0M
Median capital
of active

New registrations per year

2022peak 359 in 20222026

Largest active companies by registered capital

Source: Department of Business Development (DBD) new-registration records, 2022 to present. Counts cover companies first registered in that window, reflect the latest snapshot load, and may lag the live register.

Emerhub

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