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Could Ganja Save the Thai Tourism Sector?

Transcript of the above video:

As the title of this video suggests, we are discussing ganja, euphemistically or marijuana, cannabis. We haven't talked about this a lot lately but yeah Thailand has enacted a lot of new laws and basically decriminalized things associated with marijuana that were once stiffly penalized.

Especially in light of the fact that we have been dealing with the fallout from the response to COVID-19 and especially the economic fallout, a big question on everyone's lips is you know "what are we going to do about the tourism sector?" I have seen a lot of stuff in the media out there talking about "could ganja save Thai tourism, could that be the saviour?" I think it is one thing, I would say just kind of an opinion piece, yeah especially when you consider Thailand is one of the only jurisdictions I am aware of in Southeast Asia, maybe Greater Asia that has this more relaxed stance on marijuana. Yeah it could end up being a draw especially for those looking for the medicinal purposes of cannabis.

Does that necessarily mean it will be driving all further tourism? I highly doubt that. I think tourism will be rebuilt incrementally. This is one component. It is one thing Thailand can offer that other jurisdictions in this region do not have the same stance on and so maybe Thailand can enjoy some comparative advantage as a result of that but do I think that it is going to be the end all be all, the saviour exclusively of tourism here in Thailand? I would find that to be rather unlikely.