The Daegu Yangnyeongsi (medicine market) is a major herbal medicine market specializing in the practices of Oriental medicine that dates all the way back to the Joseon Dynasty. During the era of the Joseon Dynasty, the Daegu Yangnyeongsi was at the center of the herbal medicine world, providing Oriental medicine to travelers from all around the world including Japan, China, Russia, Manchuria and many other countries.
To this day, the Daegu Yangnyeongsi still flows with herb farmers, collectors, sellers, and buyers operating over 50 herbal medicine stores and 25 herbal clinics with 85 herbal medicine doctors, and 20 ginseng stores. The market is also known to be the first wholesale medicine market in Korea.
The exhibition hall located on the 2nd floor of the wholesale market offers baskets used to collect herbs, ‘yakjanggi’ to store herbs, scales to measure the weight of the herbs, and old books on herbal medicine. The Medicine Festival is held every year in May and boasts a wide variety of fun-filled events like traditional folk music programs, an herb exhibition, and herb-cutting competitions.