15 September 2023 at 10:34 PUBLISHED
Although marijuana use for medical purposes would continue to be a plan under his leadership, Prime Minister Srettha Thavisin stated on Friday that he did not agree with allowing recreational use of the drug.
” Medical cannabis will be the plan.” I do not agree with that regarding recreational apply, Mr. Srettha, who is also the finance minister, told investigators.
Over the next few years, Thailand’s cannabis market is expected to be worth up to US$ 1.2 billion( 42. 9 billion baht ), with thousands of new companies emerging following the legalization of cannabis use and growth last year.
As healing lags in Southeast Asia’s second-largest business, Mr. Srettha unveiled a number of economic policies earlier this week aimed at increasing usage and spending.
The former business tycoon stated that” this is a targeted policy, domestic spending will increase enormously ,” alluding to his signature policy of giving away 10,000 baht($ 282.09 ) to all Thais via digital wallet.
Srettha Thavisin, the prime minister, addresses the media on Wednesday at Government House. Government House ( picture )
The Krungthai Bank Pao Tang smart implementation will be used by the government for its electronic wallet job, according to the prime minister on Thursday. The software will also be integrated with blockchain technology.