The Board of Directors of TWZ Corporation Public Company Limited on August 18, 2021 approved the cancellation of the joint venture with Rak Jang Wang Nam Khiao Farm Community enterprise. According to Board of Directors have feasibility studied about Memorandum of Understanding (MOU) with Rak Jang Wang Nam Khiao Farm Community enterprise, Due to have policy changed for the new investment. By the way the company looking for the new product able to extend and have more business opportunities for produce and distribute about Hemp and Marijuana products. As the result of exception or limitation for produce and distribute of Rak Jang Wang Nam Khiao Farm Community enterprise can't cover about blossom and panicle for send to government agency as it's already been fixed. Nowadays the government had been already opened opportunity able to ask for Hemp plant permission. Therefore the company have policy changed. Focusing on Hemp business to additional income and have a profit for the long term. Due to of all Hemp ingredient it's very useful. Such as inflorescence, leaf,seed,shell,bole,fiber,bough and root. All the ingredient have mentioned able to used as the main raw material in industrial business. There is also demand from both domestic and international markets. Including in the past faced with problem and obstacle in terms of market price agreements, they cannot be mutually agreed upon. Due to Rak Jang Wang Nam Khiao Farm Community enterprise fixed relatively high price although in the markets quotation have 20% off. Such prices are still not able to extend the business commercially. Therefore, the Board of Directors resolved to approve the cancellation of the joint venture with Rak Jang Wang Nam Khiao Farm Community enterprise and has resolved to invest in SMC Company instead.