Thailand’s prime minister, Srettha Thavisin, said on Wednesday that he wanted cannabis to be re-listed as a narcotic by the end of the year, a reversal two years after the country became one of the first in Asia to decriminalize marijuana.

Mr. Srettha, who took office in August, wrote on social media that he wanted the Ministry of Health to change the laws so that marijuana could only be used for medical and health reasons.

All marijuana sales in Thailand are technically for medical purposes, but lax regulations mean that many businesses openly sell dried marijuana flowers and illegal imports. Smoking weed in public is also prohibited.

Thailand decriminalized marijuana in June 2022, giving rise to a domestic industry that has recently been challenged by competition and oversupply. There are thousands of registered dispensaries in the country, and cannabis is prescribed at hundreds of traditional medicine clinics. Foreign investors have also backed the construction of high-tech indoor cannabis farms.

The University of the Thai Chamber of Commerce said in a 2022 report that the domestic cannabis industry could be worth $1.2 billion by 2025.

[Read more at The New York Times]