The Health Minister has proposed re-criminalizing marijuana in the 4rth quarter 2024.
What will happen to the 1,000’s of marijuana shops that opened all over Thailand?
These shops stand to lose a combined 1.5 billion baht+.
The extravagant stores, signage, equipment will all be a financial loss.
Many shops are leasing/renting space and these contracts will be lost as well.
A very troubling sign is NONE of these shops seem to be proactive ahead of a possible law change by converting their businesses to something different?
Understanding Thailand, anything controversial, including marijuana, can shift sides during an election.
Best to steer clear of the controversial issues and not try to base a business around them.