Results 1 to 15 of 15
  1. #1
    Thailand Expat tomcat's Avatar
    Join Date
    Nov 2005
    Last Online
    @
    Posts
    10,509

    Legal Weed on the Way

    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.
    By Natnicha Chuwiruch (Bloomberg) July 19, 2019




    People wait to register their prescriptions for medicinal cannabis oil during the second day of the inaugural Pan Ram weed festival in the northeastern Thai province of Buriram on April 20. PHOTOGRAPHER: LILLIAN SUWANRUMPHA/AFP/GETTY IMAGESThe 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 possession of marijuana with up to 15 years in prison and a huge fine, the country was also one of the first in Asia to legalize medical marijuana. Thailand is looking to become the region’s cannabis capital with its potent strains. Yet to claim that title, it must move fast to pass legislation making pot legal for recreational use. Neighboring countries are following suit in legalizing medical marijuana and could cut in on the market.

    The country last year legalized medical marijuanawith the approval of Prime Minister Prayuth Chan-Ocha, who then led Thailand’s junta and now heads the civilian government following a disputed general election in March. A key member of his coalition is pushing for full legalization of Thailand’s marijuana market, projected to grow to $661 million within five years, according to cannabis industry researcher Prohibition Partners.

    Anutin Charnvirakul, the millionaire leader of political party Bhum Jai Thai, helped Prayuth form a ruling coalition and is expected to use that platform to try to deliver on his campaign promise of legalizing marijuana. The prospects of such a move increased on July 10 when Anutin was named deputy prime minister and public health minister in the newly formed cabinet. He’s seeking to remove restrictions that have made it difficult for even those approved for medical marijuana to easily access cannabis, he said in a June 21 party statement. Anutin’s two key positions make it easier for him to submit regulatory changes to legalize the crop. Thailand’s tough anti-trafficking laws aren’t expected to change even if recreational weed becomes legal.




    A field in Laos where contract farmers will grow hemp for Vinzan.
    COURTESY: VINZAN

    It’s not the only nation rethinking cannabis. Malaysia and Laos are considering legalizing medical use of the crop, and the Philippines’ lower legislature has passed a medical cannabis measure. “For Thailand to become the Asian leader in the cannabis space, it would most likely require that neither China nor Japan legalize cannabis,” says Alexandra Curley, Prohibition Partners’ head of insights.

    Although marijuana remains illegal in China and Japan, the two nations could be the biggest segments of the Asian cannabis business over the next five years, with markets forecast at $4.4 billion and $2.1 billion, respectively. China’s large consumer base and Japan’s lofty cannabis prices—the world’s highest at $53 a gram, according to the United Nations Office on Drugs and Crime—explain why the two markets are so valuable.

    “The Asian market will challenge and perhaps surpass the North American markets in the next 5 to 10 years”
    Thailand’s proximity and close business ties to both countries mean it could draw patients looking for traditional remedies or export its medical cannabis products if laws change around the region. South Korea and Australia already allow import and export of medical marijuana.

    “The Asian market will challenge and perhaps surpass the North American markets in the next 5 to 10 years,” says Brian Armstrong, chief executive officer of Vinzan International, a Canadian agricultural trading company that takes cannabis crops from cultivation partners in low-cost markets and processes them for export. Vinzan is building cannabis operations in Laos and eyeing expansion into Thailand.


    The Thai government has taken steps to limit operating approvals for overseas investors, after critics voiced concerns about foreigners monopolizing the market. “We want to be a leader in marijuana,” says Sopon Mekthon, president of the Government Pharmaceutical Organization, the state’s cannabis research effort. “Our brand is strong, and we have traditional Thai medicine knowledge that’s over 300 years old.”
    Majestically enthroned amid the vulgar herd

  2. #2
    Thailand Expat

    Join Date
    Nov 2006
    Last Online
    Today @ 07:57 PM
    Posts
    3,008
    Great. It's only a matter of time until all our friends can sit there staring into space for 6 hours like a bunch of mongs, will get addicted to tobacco in the meantime and, when they get into middle age, won't even be able to maintain a coherent train of thought beyond a day or two.

    What a drug!

  3. #3
    Thailand Expat tomcat's Avatar
    Join Date
    Nov 2005
    Last Online
    @
    Posts
    10,509
    Quote Originally Posted by hallelujah View Post
    It's only a matter of time until all our friends can sit there staring into space for 6 hours
    ...you may want to re-evaluate the folks you hang out with...

  4. #4
    Thailand Expat

    Join Date
    Nov 2006
    Last Online
    Today @ 07:57 PM
    Posts
    3,008
    Quote Originally Posted by tomcat View Post
    ...you may want to re-evaluate the folks you hang out with...
    A drug I've never understood and seen the attraction in, TC. My mates did and are all regretting it due to the problems outlined above although a couple are still caning it...and becoming ever more frustrating in their mid 40s and 50s.

    I'm sure Latindancer will be aiong to edumacate me soon...

  5. #5
    Thailand Expat
    Latindancer's Avatar
    Join Date
    Mar 2010
    Last Online
    Today @ 06:01 PM
    Location
    Australia
    Posts
    11,813
    That woman on the right is a stoner, for sure !

  6. #6
    disconnected SKkin's Avatar
    Join Date
    Jan 2008
    Last Online
    @
    Location
    39.2014 N, 85.9214 W
    Posts
    7,000
    l remember "Thai stick" from back in the day. No idea if it was the real thing.

    ^^hal, my wife is dead set against me smoking weed again. She voiced very similar thoughts as yours. But alcohol got me into more trouble than weed ever did.
    Last edited by SKkin; 19-07-2019 at 07:05 AM.

  7. #7
    Thailand Expat

    Join Date
    Nov 2006
    Last Online
    Today @ 07:57 PM
    Posts
    3,008
    Quote Originally Posted by SKkin View Post

    ^^hal, my wife is dead set against me smoking weed again. She voiced very similar thougts as yours. But alcohol got me into more trouble than weed ever did.
    I'm certainly not the kind of person to go an an anti-drug rant, SKkin!!!!

    I've just never enjoyed the mad monk and don't see the point. If it's gonna give you a buzz and have you dancing like fuck to bad 90s pop while on the prowl for minge then, yeah, all good. Been there, done that, gurned like fuck.

    But weed? Nah.

    I agree with you about alcohol too. However, it's just so fucking good.

  8. #8
    Thailand Expat tomcat's Avatar
    Join Date
    Nov 2005
    Last Online
    @
    Posts
    10,509
    Quote Originally Posted by SKkin View Post
    l remember "Thai stick" from back in the day
    ...we used to buy Thai stick from a neighboring Thai construction compound in Saudi (early 80s)...took some (but not much) of the boredom out of compound living...

  9. #9
    Thailand Expat

    Join Date
    Nov 2006
    Last Online
    Today @ 07:57 PM
    Posts
    3,008
    Quote Originally Posted by tomcat View Post
    ...we used to buy Thai stick from a neighboring Thai construction compound in Saudi (early 80s)...took some (but not much) of the boredom out of compound living...
    How did you prevent the smell getting out?

  10. #10
    Member
    Bettyboo's Avatar
    Join Date
    Nov 2009
    Last Online
    Today @ 08:28 PM
    Location
    Bangkok
    Posts
    30,156
    If they do legalize it then that's my 8 rai replanted...

  11. #11
    Thailand Expat Pragmatic's Avatar
    Join Date
    Mar 2013
    Last Online
    @
    Location
    Last but who gives a shit.
    Posts
    11,704
    Quote Originally Posted by Bettyboo View Post
    If they do legalize it then that's my 8 rai replanted...
    All legalized growing, when licenced, will have to be conducted indoors. Government condition.

  12. #12
    Thailand Expat terry57's Avatar
    Join Date
    Mar 2007
    Last Online
    21-09-2019 @ 08:04 PM
    Posts
    26,175
    Smash a bong full orf stinky smelly medical mull up ya.

    Fookin good it tis eh.

  13. #13
    Thailand Expat
    Latindancer's Avatar
    Join Date
    Mar 2010
    Last Online
    Today @ 06:01 PM
    Location
    Australia
    Posts
    11,813
    Er....the medical cannabis has no psychological effect, Tezza. You'll have to continue growing the good stuff.

    One has THC, and the other has CBD.

  14. #14
    Thailand Expat tomcat's Avatar
    Join Date
    Nov 2005
    Last Online
    @
    Posts
    10,509
    Quote Originally Posted by hallelujah View Post
    How did you prevent the smell getting out?
    ...smoked in various outdoor and indoor locations...I doubt Saudis (or many of the resident foreigners) would have known what the smell was...some of us carried a pack of Gitanes, just in case...

  15. #15
    Thailand Expat terry57's Avatar
    Join Date
    Mar 2007
    Last Online
    21-09-2019 @ 08:04 PM
    Posts
    26,175
    ^^

    Fook me Bra, im gunna get that much Medical mull inta me that ill just pretend to be fooked up.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •