Mexico, plagued by cartel wars, on cusp of legal cannabis 'green rush'
Mexico finally outlined rules in July covering cannabis for medical use, and the sign-off is expected in coming weeks
Reuters (UK)
Thursday, October 1, 2020
Thursday, October 1, 2020
Senate majority leader Ricardo Monreal expects a law to be passed before December for recreational use of the drug, allowing regulated private firms to sell it to the public. Indeed the legal cannabis industry is already a multi-billion-dollar global trade, and some big players, including Canada’s Canopy Growth and The Green Organic Dutchman, and a unit of California-based Medical Marijuana Inc, told Reuters they were eager to tap the new Mexican market. While a growing cannabis industry promises to be a money-spinner, it faces resistance from campaigners who are worried that regulations for both medical and non-medical cannabis will heavily favor big, often foreign corporations.
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