Thailand’s Unlikely Embrace of Cannabis

Despite a history of tough drug laws, it’s set to be a major supplier as the substance goes global. The forecast for the legal cannabis market in Asia is rosy—it’s expected to swell to $8.5 billion by 2024 from practically nothing today. One of the main questions surrounding this potential market is which country will establish an early lead as a supplier. Surprisingly, Thailand has a good shot. Although laws on its books can penalize…

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Author: Natnicha Chuwiruch, Bloomberg
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