Marijuana is now legal, but not for recreational use
Thailand is set to decriminalize marijuana starting Thursday, the first such move in Asia, seeking to grab a slice of a growing market for marijuana-infused food and medicinal cannabis treatments.
It will no longer be a crime to grow and trade marijuana and hemp products, a move aimed at bolstering the country’s crucial agriculture and tourism sectors. However, prospects for the Thai cannabis trade will be limited by the country’s ban on recreational use and the production of anything with more than 0.2% tetrahydrocannabinol (THC), the psychoactive compound that gives users a “high” sensation.
Here’s all you need to know about cannabis liberalization in Thailand, a conservative, Buddhist-majority country also known for tough policies on drug trafficking and curbs on alcohol.
What’s driving Thailand toward liberalization?
Thailand’s cannabis liberalization began in 2018 with the legalization of medical marijuana.
The latest step to allow more people to grow cannabis was spearheaded by tycoon-turned politician Anutin Charnvirakul, who believes that controlled legalization of marijuana can boost agriculture and tourism. The deputy prime minister, who heads the health ministry, campaigned on a promise to legalize household marijuana and hemp cultivation to allow farmers to supplement their incomes. [Read More @ Bloomberg]
The post What You Can and Cannot Do Now Thailand’s Eased Cannabis Laws appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.
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