Connect with us

Legal

Thailand’s New Prime Minister Rejects Recreational Cannabis Use

Firm stance could create uncertainty as country’s booming weed industry nears $1.2 billion valuation.

mm

Published

on

Thailand’s new Prime Minister, Srettha Thavisin, has voiced opposition to the recreational use of cannabis while affirming his administration’s commitment to supporting its medical applications.

Thailand made history as the first Southeast Asian nation to decriminalize cannabis in the previous year; however, it hastily introduced regulations to control its potential misuse, especially among children.

Srettha, from the Pheu Thai party, which leads an 11-party coalition government, firmly stands against recreational cannabis use, aligning with his party’s and its largest partner, the Bhumjaithai party’s stance, which both advocate exclusively for medical usage.

The Thai cannabis industry is anticipated to reach a value of up to $1.2 billion in the coming years, fostering numerous businesses in popular tourist destinations.

The Prime Minister has highlighted the issue of drug abuse in the country, stating that cannabis must be employed solely for medical purposes, reports Reuters.

Under the new government, about 70% of marijuana shops are expected to close once marijuana is reclassified as a narcotic, Global Cannabis Times reported in June. Online cannabis shops and roadside stalls will be most affected. The remaining 30% of shops are expected to operate under new regulations.

Advertisement

 

Advertisement

SPONSORED VIDEO

Going Global - Pioneering Cannabis Hospitality: A Conversation with Arend Richard

In this enlightening interview, Arend Richard, a seasoned entrepreneur from the cannabis industry, shares his journey from starting a YouTube channel to educate on cannabis use, to co-founding WeedTube, and developing a unique cannabis hospitality business. Born and raised in Colorado, Aaron discusses the evolution of his business ventures and his current project—creating a welcoming, educational environment for both seasoned and first-time cannabis users. He delves into the challenges of establishing a cannabis-friendly social space, including regulatory hurdles and community engagement, and highlights his vision for a new kind of social interaction centered around cannabis.

Promoted Headlines

Advertisement

Advertisement

Advertisement

Facebook

LATEST COMMENTS

Most Popular