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Thailand moves to recriminalize cannabis, shaking $1 billion industry | REUTERS

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“Cannabis will be classified as a narcotic in the future,” Public Health Minister Somsak Thepsuthin declared on Tuesday. The move by the Pheu Thai government is expected to plunge into limbo an industry estimated to be worth over $1 billion that has boomed since cannabis was taken off the country’s narcotics list in 2022.

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For the first time on record, cannabis has outpaced alcohol as the daily drug of choice for Americans.

In 2022 there were 17.7 million people who reported using cannabis either every day or nearly every day, compared with 14.7 million who reported using alcohol with the same frequency, according to a study, published on Wednesday in the journal Addiction that analyzed data from the U.S. National Survey on Drug Use and Health.

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