The SCMP writes..
Entrepreneurs, producers and cannabis advocates say a rollback of the laws would be ‘unfair’, hurt tourism and force businesses to go back underground
As companies ready their lawyers over the bill, observers say the emphasis should be on regulation and taxation instead
Thailand’s cannabis industry is lawyering up as the cabinet weighs a bill to roll back legal weed, which industry insiders say is propelled by political calculation rather than sound public health policy.
While the cabinet did not take up the Cannabis and Hemp Act at its weekly meeting on Tuesday, entrepreneurs, producers and cannabis advocates forecast grave economic harm and a storm of litigation should lawmakers adopt the proposed regulations, which in present form, would ban recreational consumption and reintroduce stiff criminal penalties.
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