Legalising marijuana: The view from Mexico
The Economist (UK)
Friday, November 2, 2012
Friday, November 2, 2012
Voters in Colorado, Oregon and Washington will vote on whether to legalise marijuana. Polls suggest that the initiatives have a decent chance of passing in Washington and Colorado (Oregon is a longer shot).The impact on Mexico could be profound. Between 40% and 70% of American pot is reckoned to be grown in Mexico. According to a recent study by the Mexican Institute for Competitiveness (IMCO), a think-tank in Mexico City, the American marijuana business brings in about $2 billion a year to Mexico’s drug traffickers.
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