This Thursday, it will finally be possible to decriminalize cannabis, as the cultivation of the plant will be allowed. This is what we know about the changing cannabis laws in Thailand.
Cannabis in Thailand is currently in Category 5 on the narcotics list, but that is set to change on Thursday. From then on, people will be able to grow several plants at home, also opening up ample space for business opportunities for many.
However, there are still some restrictions.
[Hero Image Credit: Crystalweed Cannabis/Unsplash; Featured Image Credit: Josiah Weiss/Unsplash]
New Cannabis Laws in Thailand: What Do They Mean?
Image credit: Crystalweed Cannabis / Unsplash
Will the new cannabis law allow domestic use?
Removing cannabis from the narcotics category does not mean that it is still allowed to be used for recreational use. The type of own production is only allowed for health and medical reasons. The crop must be registered with the administrative organizations and permission must be sought before cultivating the plants also for commercial purposes.
Image credit: Ryan Lange / Unsplash
How much is legal?
According to the Bangkok Post, cannabis extracts containing more than 0.2% THC will still be classified as Category 5 narcotics and will therefore be regulated by previous laws. However, only oil extracted from marijuana with a THC content greater than 0.2% is questioned, so other parts can be legally planted and marketed, as mentioned above, only for medical or health reasons. and other businesses.
Image credit: Crystalweed Cannabis / Unsplash
A new era for cannabis?
Sittichai Daengprasert, executive director of JSP Pharmaceutical Manufacturing Thailand, described this time as a “new era” for the Thailand plant. According to JSP, the CBD oil market is valued at about 100 billion (!) Baht, and Sittichai explains that making cannabis laws more flexible could greatly help local communities, especially villagers and farmers who supply the plant to factories. . It could also attract international tourism, as cannabis visits are likely to increase, especially with the recent lifting of travel restrictions. Lots of time.
