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Market
Does the Thai marijuana industry show growth 6 months after the government decision?
5
Resolution / Starting Odds
Growth • 50%
Decline • 50%
Industry reports and economic data
Story
Thai Cannabis Groups Urge Government to Reconsider Marijuana Re-listing on Thursday
May 16, 2024, 09:40 AM
Cannabis advocacy groups in Thailand, including Writing Thailand's Cannabis Future, academics, medical practitioners, and business operators, have submitted a letter to the newly appointed Health Minister Somsak Thapsutin. They are urging the government to reconsider its plan to re-list marijuana as an illegal narcotic. The groups argue that this decision could negatively impact a nascent industry and a large community of weed growers. Dozens of advocates made this plea on Thursday.
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Many businesses close • 33%
Businesses remain stable • 33%
New businesses emerge • 34%
Significant Negative Impact • 33%
Moderate Negative Impact • 33%
Minimal or No Impact • 33%
Increase in tourists • 33%
No significant change • 33%
Decrease in tourists • 34%
Increase in Market Value • 33%
Decrease in Market Value • 33%
No Significant Change • 33%
Reversal of Decision • 33%
Partial Amendment • 33%
Full Enforcement • 33%
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Supportive statements • 33%
Neutral statements • 33%
Critical statements • 34%