Over the past few months, Thailand and its Ministry of Public Health (MOPH) have taken strides to deregulate certain cannabis and hemp plants. These actions have the potential to change the future of the cannabis and hemp industry in Thailand, in ways that are set out in further detail below. I. Thailand’s Ministry of Public Health Notification Exempts Certain Parts and Extracts of Cannabis and Hemp Plants from Regulated Narcotics On 14 December 2020, the MOPH published a notification regarding the determination of category V narcotics B.E. 2563 (2020) (“the New Notification”) in the country’s Royal Gazette. The New Notification, which became effective on 15 December 2020, repealed and replaced previous MOPH notifications regarding determination of category V narcotics which were issued in 2018 and 2019. The key changes in the New Notification are summarized below. The following parts and extracts of the cannabis or hemp plants, for which permission to manufacture in Thailand has been obtained, are exempted from the list…