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Sunday, April 28, 2024

After election, Thai cannabis ready to roll with the changes

Is the sky falling on Thailand’s nascent cannabis industry? Not according to some of its biggest players. 

After the votes were counted Sunday, cannabis entrepreneurs were even more confident that the future of weed is green, with most saying the outcome gave them more confidence that much-needed regulation will be rational and reasonable under a Move Forward-led coalition government.

“We’re super thrilled,” said Benjamin Baskins, CEO of OG Canna Co., Panthera Group’s cannabis arm that has sunk big money into large and colorful flagship stores across Bangkok and Thailand. “Everything that they stand for is for a new Thailand. We think they’re going to make the right choices for medical cannabis. It’s good for health; it’s good for the economy.” 

Going into Sunday’s election, in which progressive upstarts trounced both the odds-on opposition…

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