In a stunning turnaround, Thailand is set to re-criminalize cannabis, a move that threatens to decimate the burgeoning $1 billion industry that has flourished over the past three years. As of Thursday, purchasing cannabis will require a certificate from a medical professional, effectively banning recreational use and sending shockwaves through a market that has become a significant economic player amid ongoing financial struggles.

The vibrant cannabis shops that have sprouted up across major streets, once symbols of a new era of freedom, now face an uncertain future. “I don’t know how they can reverse this now,” lamented a local vendor, echoing the disbelief of many who have witnessed the rapid growth of this industry. The recent political turmoil, marked by the departure of the Bumjai Thai party from the ruling coalition, has raised questions about the motivations behind this drastic policy shift. Some speculate it may be political revenge, while others point to external pressures to tighten regulations as cannabis products are increasingly smuggled out of the country.

With the new legislation, only those with qualifying medical conditions, such as cancer and insomnia, will be able to access cannabis legally. This abrupt change comes at a time when the economy is already struggling, and the implications for employment and local businesses are dire. Industry insiders warn that this could lead to a significant downturn, just as the sector was beginning to stabilize and contribute positively to the nation’s finances.

As the government grapples with the fallout, the streets of Thailand remain awash with cannabis culture, leaving many to wonder if this bold move can truly rein in the green wave that has taken hold. The stakes are high, and the clock is ticking as the nation prepares for a seismic shift in its cannabis landscape. Stay tuned for updates as this story develops.