Overview

• Thailand's government plans to reclassify cannabis as a narcotic, limiting its use to medical purposes only.
• The decision comes after a short-lived period of liberalization that saw the growth of a robust cannabis industry.
• Prime Minister Srettha cites increased access by minors and a rise in crime as key reasons for the policy reversal.
• The move has sparked debate, with critics arguing it could harm the economy and the burgeoning cannabis sector.
• Authorities are set to amend legislation and enforce stricter regulations within the next 90 days.