Bloomberg: Thai Cannabis U-Turn to Hurt Investor Confidence, Key Party Says

Thailand’s plan to reclassify cannabis as a narcotic just two years after its historic decriminalization sends the wrong signal to foreign investors, the second-biggest party in the ruling coalition warned.

The country should pass a law to regulate the plant rather than completely reverse the policy, Anutin Charnvirakul, the interior minister and leader of the Bhumjaithai Party, told reporters in Bangkok late Tuesday.