Mexico moves to create world’s largest legal cannabis market
The reforms would allow the legal cultivation of marijuana on Mexican soil after decades of violence between drug cartels and authorities
Tuesday, January 12, 2021
Mexico’s health ministry published rules to regulate the use of medicinal cannabis, a major step in a broader reform to create the world’s largest legal cannabis market in the Latin American country. The new regulation, signed off on by Mexican President Andres Manuel Lopez Obrador, will now allow pharmaceutical companies to begin doing medical research on cannabis products. The cannabis reform taking place includes the recreational use of marijuana and would create the world’s biggest national cannabis market in terms of population. The new medicinal rules state companies that wish to carry out research have to obtain permission from the Mexican health regulator, COFEPRIS, and this research has to be done in strictly controlled and independent laboratories.
