Thailand’s cannabis industry is facing political hurdles. The main one being the torecriminalize cannabis, which could cost CBD stakeholders millions of dollars in lost investments, a key trade group has warned. The ThaiHemp and Cannabis Industry Association (HCIA) has expressed concern over a draft cannabis law proposed earlier this year. This law could severely restrict the business in CBD and other extracts derived from hemp flowers, potentially turning off investors. HCIA President Tossaporn Nilkamhang said that manufacturers and investors could lose over 10 billion baht ($274 million) if …
