Thailand is set to tighten its regulations on marijuana, with plans to ban recreational use while still permitting its medical use, according to statements made by the country's health minister in an interview with Reuters.

Following Thailand's groundbreaking move to legalize medicinal cannabis in 2018, followed by recreational use in 2022, the nation has seen a surge in cannabis shops, with the industry expected to reach a value of up to $1.2 billion by next year.

However, criticism has arisen over the rushed implementation of regulations, which were introduced just a week after decriminalization. In response, the government is drafting a new law to effectively manage cannabis use, slated to be enacted by the end of this year.

Health Minister Cholnan Srikaew stated that the draft bill will undergo cabinet approval next month before being presented to parliament for passage. He emphasized the need for regulation to prevent the misuse of cannabis, particularly in relation to recreational use, citing concerns about its negative impact on Thai youth and the potential gateway to other drugs.

The absence of comprehensive legislation prior to the general election last May left Thailand without a framework to regulate cannabis use. Illegal cannabis shops will be shut down under the new law, and home cultivation of cannabis will be discouraged.

Under the proposed law, cannabis will be classified as a controlled plant, requiring permission for cultivation. The legislation also imposes fines and penalties for recreational use, unauthorized cultivation, and illegal sale of cannabis products.

Despite the stricter regulations, the government acknowledges the economic potential of the cannabis industry and plans to provide businesses with a transition period to comply with the new rules. Existing shops may continue operations until their licenses expire, with the option to convert to legal cannabis clinics.

Minister Cholnan reassured that the regulatory changes would not impact tourism in Thailand.