Mexico, World Largest Marijuana Market, Moves One Step Closer to Legalizing Use

Major companies are positioning themselves for a time when Mexico opens up what would be the world’s biggest legal cannabis market.

RIO DE JANEIRO, BRAZIL - Mexican senators on Friday, November 13th, began weighing a sweeping initiative to legalize recreational use and sale of marijuana, a proposal that could create the world’s largest weed market in a country battered by a violent war against drug gangs.

The Supreme Court ruled in 2018 that recreational marijuana should be permitted, and lawmakers in 2017 legalized the use of medicinal marijuana. But the country has yet to pass laws that would legalize its recreational use, or regulations for medicinal marijuana.

Lawmakers are now rushing to try to meet a December 15th deadline set by . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?