BANGKOK — Thailand will celebrate World Cannabis Day with a large convention in Bangkok, as the kingdom further relaxes laws regarding the use of hemp in food and cosmetics products.

Some 50 booths will be set up for cannabis business owners to present their products and strategies. A networking event is scheduled on the first day, while a seminar with 14 industry experts will take place on the second day.

The second day of the event is on April 20, or 4-20, a number that has survived since the 1970s as a slang term for cannabis or using cannabis. The date also marks a global counterculture celebration of cannabis. This year, Bangkok will partake.

Large Thai companies intend to enter the budding market. Beverage giant Ichitan Group has applied for a license to produce hemp-related products, according to chairman Tan…

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