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Home Elections India Karnataka DH Changemakers Opinion World Business Budget 2024 Sports IPL 2024 Entertainment Video Newsletters ePaper Sign in IPL News Shots Explainers Bengaluru Science Trending Brandspot Photos Newsletters × ADVERTISEMENT ADVERTISEMENT Homeopinion THAILAND’S CANNABIS U-TURN IS A CAUTIONARY TALE The U-turn is being prompted by some very real concerns, particularly over the social and health impact on young people. Follow Us : Bloomberg Opinion Last Updated : 16 May 2024, 18:07 IST Last Updated : 16 May 2024, 18:07 IST 0 By Karishma Vaswani Turns out you can have too much of a good thing. Last week, Thailand’s Prime Minister Srettha Thavisin ordered a U-turn on the country’s landmark cannabis policy, saying the plant should be soon classified as a narcotic again and its use limited to medical and health purposes. This decision comes two years after the former premier Prayuth Chan-Ocha’s administration decriminalized the drug in the aftermath of the pandemic. His aim? To bring tourists back to Thailand, tap into the multibillion-dollar medical marijuana business, and help struggling farmers grow a cash crop. The prime minister’s announcement shouldn’t come as a surprise — the new government has been weighing its options for a while. The weed experiment hasn’t gone as planned. Rowing it back won’t be easy, but the kingdom should persevere and attempt to regulate this sector — even if the consequences are painful. Ignoring it will affect the nation’s youth and social harmony — ultimately the industry is only benefiting businesses, not poor farmers. Also Read: EXPLAINED | HOW CANNABIS AND PSILOCYBIN MIGHT HELP SOME OF THE 50 MILLION AMERICANS WHO ARE EXPERIENCING CHRONIC PAIN Also Read:Explained | How cannabis and psilocybin might help some of the 50 million Americans who are experiencing chronic pain Walking through the Thai capital Bangkok’s narrow alleyways recently, it was impossible to miss the numerous cafes that spilled on to the streets, or the distinct scent of marijuana wafting through the balmy air. These dispensaries sprang up seemingly overnight, after the decision to legalize cannabis was made in 2022. Even then it was controversial — and ever since, competing forces have been trying to reverse the decision. Of course, there can be benefits in decriminalizing marijuana — one is less pressure on courts and prisons. There are major overcrowding issues in Thai jails, where 75 per cent of inmates are there on drug-related charges. Research has also shown that taking cannabis off the underground illegal market helps to drive it out of the illicit drug trade. Many parts of the US have already been through this evolution. Cities like New York have now adopted a far more liberal approach to decriminalization, but are also struggling with the consequences. It is unlikely that Thailand could learn from its experience. Culturally it is a far more conservative society, and sits in a region with harsh drug laws around possession and consumption. Thailand used to have those laws too, but now it is the anomaly in Southeast Asia. Singapore for instance, imposes the death penalty for trafficking. It considers cannabis a highly addictive narcotic, has banned its consumption and runs regular campaigns that seek to show how much damage it has caused in other countries. At least two people were executed following marijuana charges last year. In Indonesia, the death penalty is also used as a deterrent, although until recently it was rarely enforced. I reported extensively on the harsh drug laws and outgoing president Joko Widodo administration’s decision to prioritize cracking down on drugs. It’s a policy that is likely to be continued under the next leader, Prabowo Subianto. In contrast, Thailand became the first country in Southeast Asia to allow the use of marijuana for medical purposes in 2019. Almost 8,000 dispensaries and a large number of consumer-agro firms have cropped up across the country, selling everything from cannabis buds and oil extracts to weed-infused candy and baked goods. Foreigners have also reportedly entered the unregulated market, opening shops and selling the drug. Under current decriminalization laws, cannabis products must not contain more than 0.2 per cent tetrahydrocannabinol — the psychoactive compound that provides a high sensation — to be considered lawful. Part of the push to legalize the plant was motivated by economics: The University of the Thai Chamber of Commerce said in a 2022 report that the domestic cannabis industry could be worth $1.2 billion by 2025. But the U-turn is also being prompted by some very real concerns, particularly over the social and health impact on young people. Recent research has shows that a quarter of 18-to-65-year-olds had used cannabis since decriminalization — up from 2.2 per cent in 2019. Young people are also smoking more weed: 10 times as much — 9.7 per cent in 2023 from 0.9 per cent in 2019. Anecdotally, doctors have reported more patients seeking treatment after they’ve fallen ill or tried to wean themselves off cannabis. If the government does push through with its plans and classifies cannabis as a category-five drug, its possession could result in a jail sentence of up to 15 years and a maximum fine of 1.5 million baht ($40,600). Banning the drug outright will no doubt cause a lot of pain to farmers, small business owners, tourists and consumers. A middle-ground approach to return to medical usage would be wise. Taxing marijuana would also help to boost government coffers, and weeding out foreigners from the trade would help to regulate the sector and allow locals to benefit more — which was the original intent. Thailand has enjoyed the high from the lucrative industry long enough. It is now time for a managed and rational come down. ADVERTISEMENT World newsCannabisThailand Deccan Herald is on WhatsApp Channels | Join now for Breaking News & Editor's Picks FOLLOW US ON : FOLLOW US ADVERTISEMENT ADVERTISEMENT Read More Leaf Filter USA Don't Pay For New Gutters. Get This 3-In-1 System InsteadLeaf Filter USA| SponsoredSponsored Learn More Undo Experts In Savings | Home Michigan Residents Get Huge Home Insurance ReductionHomeowners should read this as soon as possible! 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