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Reuters
Reuters
Entertainment
By Chayut Setboonsarng and Panarat Thepgumpanat

Thai cannabis sector spooked as election winner mulls reversing legalisation

FILE PHOTO: A woman works inside a cannabis shop, at Khaosan Road, one of the favourite tourist spots in Bangkok, Thailand, March 29, 2023. REUTERS/Chalinee Thirasupa/File Photo

A proposal by Thailand's election-winning Move Forward party to reclassify cannabis as a narcotic a year after it was made legal is sowing panic in an industry that is projected to be worth up to $1.2 billion over the next few years.

Thousands of businesses have sprung up since the legalisation of the consumption and growing of the drug, with numerous shops in Bangkok and other tourist areas offering "Best Buds" to delighted tourists and Thai smokers.

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