Is the Industry going Up in Flames?

by | May 28, 2023 | Local News: Cannabis | 0 comments

Image Source: (https://www.bangkokpost.com/thailand/special-reports/2579769/industry-up-in-smoke-)

A memorandum of understanding (MoU) signed by eight potential parties in Thailand indicates a possible shift in the country’s cannabis policy. This development is causing concern among advocates of the current freer cannabis policy, as the agreement aims to reinstate cannabis as a narcotic drug and implement new regulations to govern its use. The prospective government seeks to regulate cannabis while allowing only specific beneficial uses and tightening controls on cultivation, import, export, and other forms of use. This proposed reversal could stir controversy among cannabis enthusiasts and impact the growing cannabis industry.

Reversal of Cannabis Policy

The move to reclassify cannabis as a narcotic drug is seen by some as necessary to address the current liberal use and proliferation of cannabis shops. Supporters argue that a lack of specific laws governing cannabis has led to loopholes, prompting the need for stricter control and supervision. Critics point to the mushrooming of cannabis shops and the presence of people selling and smoking weed in public places, which they believe necessitates a reversal of the policy. They argue that the current approach lacks clear regulations and fails to prevent abuse, especially among children.

Need for Clear Regulations

Experts emphasize the importance of clear regulations to address concerns arising from the widespread availability of cannabis-infused products and the ambiguous control measures in place. They argue that stricter regulations are required to prevent the sale of cannabis products to vulnerable groups, such as pregnant women. Furthermore, the lack of control over cannabis use in food shops raises concerns about its potential impact on public health and safety. Critics of the current policy call for better zoning measures and the involvement of medical professionals to ensure responsible cannabis use.

Public Interest and Economic Impact

Proponents of the current cannabis policy stress the need to consider the public interest and economic benefits associated with cannabis-based businesses. They argue that enacting a law allowing for controlled cultivation and medicinal use would provide economic opportunities while addressing concerns through clear guidelines and regulations. However, they also urge the government to avoid politicizing the issue and focus on comprehensive legislation that takes into account the concerns of all stakeholders.

Debate on Cannabis vs. Alcohol

Supporters of the current cannabis policy highlight the potential medical benefits of cannabis and question the disparity between the treatment of cannabis and alcohol. They argue that while cannabis has demonstrated therapeutic potential, alcohol lacks similar medical properties. They suggest conducting a national referendum to gather public opinion on the cannabis policy and call for better control over alcohol consumption if health concerns are a priority.

Impact on Cannabis-Related Businesses

The potential reversal of the cannabis policy raises concerns for cannabis-related businesses, with owners fearing the negative impact on their operations. Entrepreneurs and investors have recognized the economic potential of the cannabis industry, including its appeal to tourists seeking alternative treatments and recreational experiences. Business operators stress the need for better regulation rather than declaring cannabis illegal, suggesting that the focus should be on implementing comprehensive laws for improved control and oversight.

The prospective reversal of Thailand’s freer cannabis policy, as outlined in the recently signed MoU, has sparked debates and concerns among various stakeholders. Advocates of the current policy emphasize the medical benefits of cannabis and call for comprehensive regulations to address existing loopholes. Meanwhile, critics argue for stricter control measures to prevent abuse and protect vulnerable groups. As the prospective government moves forward, striking a balance between regulation and the interests of cannabis advocates, business owners, and the general public will be crucial.

Source: https://www.bangkokpost.com/thailand/special-reports/2579769/industry-up-in-smoke-

Enrico Bratta

Enrico Bratta

Medical cannabis professional based in Phuket, Thailand.

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Enrico Bratta

Medical cannabis professional based in Phuket, Thailand.