Yunnan Baiyao Obtains the Industrial Hemp Processing License

In response to investors’ questions, Yunnan Baiyao mentioned that the company has now obtained the Industrial Hemp Processing License and the Industrial Hemp Scientific Research Cultivation License. The company will pay close attention to relevant national and local regulations and keep up with the international standards. Yunnan Baiyao’s positioning of industrial hemp business is currently oriented to the overseas market, mainly focusing on medical and pharmaceutical applications. There is still objective uncertainty in future business development. (Source: