Isupply is greater than demand. So, we have to sell the excess production. The consequences of marijuana legalization in certain countries are very much in line with purely economic mechanisms. In Canada, the United States and Thailand, after decriminalization, legal production soared, exceeding consumer demand in each of these countries.
As a result, Europe and France saw these drugs entering their territory to fuel the drug trade. A kind of reverse washing operation. The negative impacts of this legalization did not take long to manifest in Thailand. The result: although marijuana was removed from the list of narcotics in 2022, its recreational use was recriminalized on June 23, 202…
