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Reuters

Thailand moves to recriminalize cannabis, shaking $1 Bn industry

Reuters · 8 days ago
Reuters
Reuters
8 days ago

Thailand's government is moving to recriminalize cannabis, plunging into limbo an industry estimated to be worth over $1 billion that has boomed since the substance was taken off the country's narcotics list in 2022.

BreakdownGenerated by LeadStory AI
  • Thailand's government is moving to recriminalize cannabis after decriminalizing it in 2022.
  • The health ministry has ordered a ban on recreational cannabis sales, requiring prescriptions for purchases. 24s
  • The new rules will take effect once published in the Royal Gazette. 36s
  • The policy change has left cannabis industry workers and businesses shocked and uncertain. 46s
  • Officials cite social concerns, while industry advocates highlight potential economic benefits. 1m 31s
PoliticsEconomy