The country will take steps to make sure that medical marijuana is strictly controlled to ensure that it will only be used for medicinal purposes.
As the markets closed for the Christmas holidays, few anticipated that the cannabis market would find a surprise present in Southeast Asia.
Chinese Companies Urging Employees to Boycott iPhones; Subsidizing Huawei Smartphone Purchase
In one example, a brewer is giving customers free alcohol of about 30% of the amount they paid to buy Huawei products . The reports also said that the company will charge a penalty equivalent to the cost of the iPhone .
"And will become effective once it is published on the Royal Gazette", lawmaker Somchai Sawangkarn said on Tuesday.
One country making the plunge into the legal cannabis industry is Thailand.
Rain, snow continue to wreak havoc on holiday travel
Snow moves into Denver and the Front Range overnight into Monday morning as temperatures drop. Speicher said once wind gusts reach full force driving will become incredibly hard .
Consumers will be able to carry specified amounts necessary for medicinal purposes, if they have a prescription or recognised certificate, the Bangkok Post said. Requests that Thai researchers are concerned would allow foreign firms to dominate the medical marijuana market, making it hard for Thai patients to access medicines.
The drug remains taboo in Southeast Asia, which has some of the world's harshest punishments for drug law violations.
But as cannabis policy reform has been taking place in an increasing number of countries around the world, Thailand has also chosen to pass legislation that is more closely aligned with the views of a majority of its citizens who have indicated their support for medicinal cannabis. The production or transport of marijuana carries a prison sentence of up to 15 years and a fine of up to 1.5 million Baht ($46,000, €40,500).
Huawei's smartphone shipments exceed 200 mn units in 2018
Back in August it was said that Huawei overtook Apple to become the number two company selling the most mobile phones in history. The company said its record-breaking shipments were largely fuelled by the demand for its P20, Honor 10 and Mate 20 smartphones.
As such, news that Thailand might be taking a more liberal approach bodes well for the regions future cannabis industry. Foreign companies and pharmaceutical giants are on the line, to obtain valuable business licenses to develop the sector.