Thailand Shifts to Regulate Cannabis Industry, Halting Recriminalization Plans

Government opts for legislative control over cannabis, aiming to balance medical benefits and public concerns about recreational use.

Thailand's government will introduce legislation to regulate the cannabis industry instead of re-criminalizing the plant.
The decision follows Prime Minister Srettha Thavisin's earlier stance to outlaw cannabis by the end of 2024.
Deputy Prime Minister Anutin Charnvirakul, a key advocate for cannabis liberalization, played a significant role in the policy shift.
The cannabis industry in Thailand is projected to reach $1.2 billion by 2025, driven by medical and economic interests.
The ruling coalition shows increased alignment on cannabis policy, aiming to address both medical use and public concerns.