Khao San tourism operators face a collapse in bookings this high season due to the Middle East conflict dampening long-haul backpacker travel, plus a new cannabis control bill expected to force 50%+ of operators out of business. Cannabis shops along the road will lose revenue and face mandatory medical licensing costs of 30,000–50,000 baht/month, with roughly half of ~100 dispensaries expected to close. Price-sensitive mid-range hotels are hit hardest as guests cut spending or cancel trips.