BangkokPost-May 27

As the first nation in Southeast Asia to legalize its medical use, a unique market opportunity in catering to wellness and luxury tourists is emerging. Thailand became the first country in Southeast Asia to legalize the production, import and export of cannabis for medical purposes in 2018, following an amendment of the Narcotics Act to allow broader use for business opportunities, including tourism. The value of the cannabis industry in Thailand is estimated to be $661 million, with $237 million from medical cannabis and $424 million from the recreational cannabis market, which is not yet legal. As awareness of medicinal cannabis grows, cannabis tourism has strong potential to help the tourism industry recover from its record slump caused by the pandemic, said Jacky Ong, president of Cannabis Investment Summit World, a cannabis virtual event in Thailand.

Read more at:  https://www.bangkokpost.com/business/2122379/cannabis-tourism-offers-ray-of-hope-for-battered-industry