Green gold rush: Thailand, Malaysia race to legalise medical marijuana
Support for liberalisation is not unanimous: China, South Korea and Japan last month warned citizens visiting Canada to avoid cannabis and Singapore maintains a blanket ban
Monday, November 12, 2018
Asia has the toughest penalties against drug use and trafficking but the legal landscape is shifting in several countries where cannabis once deemed ruinous to young lives, is emerging as a lucrative industry. In Thailand parliament has set in motion plans to legalise the drug for medical use. This would position the country as the epicentre of the burgeoning industry and advocates claim Thailand’s legal marijuana market could make US$5 billion by 2024. Malaysia, which recently scrapped the death penalty, has begun informal cabinet discussions on legalising medical marijuanag. The “green gold rush” has begun and Asian nations are eager to share in the windfall. (Thailand: Marijuana bill shortened to allow quicker legislation)