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Friday, May 3, 2024

Thailand’s cannabis decriminalisation and subsequent unregulated industry

In June 2022, the Thai government took the bold step of decriminalising the production, sale and personal use of cannabis. Huge consequences have followed, and other Asian countries should take notice.

An extensive, largely unregulated industry has quickly emerged, surprising many observers. Specialised retail outlets selling cannabis products have proliferated in large cities. Their number seems comparable with conventional pharmacies.

3000 new retail outlets officially registered

The 3000 new retail outlets officially registered include both small-scale Thai firms and foreign-owned firms with prior experience in the Amsterdam and California cannabis industries. Foreign firms are especially significant in cities receiving the most foreign tourists.

Customers sitting outside a newly opened cannabis shop in Bangkok

There are websites dedicated to listing the new retail establishments….

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