Earlier this month, Thailand’s Public Health Minister Cholnan Srikaew proposed a new bill that would effectively roll back the country’s pioneering adult-use cannabis legalisation.
In the latest example of a stark shift in cannabis policy following a change in administration, something likely to be repeated globally throughout 2024, cannabis in Thailand is expected to soon be reserved for medical purposes only.
Despite many cannabis advocates lamenting what they see as a policy U-turn, many businesses see this as a positive step, progressing the market from a phase of unregulated ‘rampant capitalism’ towards a more structured framework.
Nadon Chaichareon, CEO & Founder of Thailand-based Teera Group Holdings told Business of Cannabis: “Those who have adhered to the rules, not many are that worried about this. For those who aren’t really following…
