Philippine Lawmakers Push for Medical Cannabis Legalization

0.9 min readPublished On: August 2nd, 2024By

LOS ANGELES- The Philippines is making another attempt to legalize medical cannabis, with the House of Representatives approving a new bill on Tuesday. The measure, passed by a vote of 177-9, seeks to establish a medical cannabis office under the Department of Health. This office would be responsible for formulating regulations regarding the medical use of cannabis.

The bill’s passage in the House marks a significant step forward, but it faces potential challenges in the Senate. Key members, including Senator Imee Marcos, the president’s sister, have expressed opposition. The bill must pass the Senate before being sent to President Ferdinand Marcos Jr. for final approval.

This is not the first time the Philippines has considered such legislation; a similar bill failed in the Senate in 2019. The current proposal aims to allow medical cannabis for specific conditions, with strict regulations to prevent its use as a gateway to recreational consumption. The Philippine Medical Association has also voiced concerns, adding to the debate.

If successful, the Philippines would become the first Southeast Asian nation to legalize medical cannabis. While Thailand has decriminalized cannabis, it has not yet established comprehensive industry regulations.

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The News Team at Highly Capitalized are some of the most experienced writers in cannabis and psychedelics business & finance. We cover capital markets, finance, branding, marketing and everything important in between. Most of all, we follow the money.

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