This week, the Dose takes a look at cannabis in Mexico, where legislation is stalled in congress. That's not deterring one Canadian company, which has successfully obtained permits to grow and sell cannabis products in Mexico. Despite the frustrating legislative delays, farmers in Mexico are eager to tap into the potentially more profitable cannabis market compared to traditional crops like rice. While medical marijuana is fully legal in Mexico, there is still a need to maximize its potential, according to Denyse Espinosa, a prominent advocate.
Juan Francisco Torres Landa, LL.M. '90, a corporate attorney in Mexico City, shares his perspective on marijuana legal. Although he has never used marijuana and has no plans to start, he acknowledges the changing landscape and the opportunities it presents. Landa's viewpoint sheds light on the evolving attitudes towards cannabis in Mexico.
Marijuana legal may be stalled, but that hasn't stopped farmers and cartels from making big plans to profit from the potential new market. These groups are looking for alternative revenue streams, and cannabis seems to be a promising option. However, the lack of progress in legislation raises concerns about the impact on public safety and the potential for illegal activities.
While Mexico faces legal hurdles, other countries like Thailand and South Africa are slowly opening up to marijuana tourism, recognizing the multibillion-dollar industry it can become. This highlights the global trend towards accepting cannabis as a legitimate industry and a source of economic growth.
In this article, we will also discuss a global analysis of the top 20 countries where weed is legal in 2023. This analysis provides insights into the rapidly changing landscape of cannabis legislation worldwide and highlights the progressive countries leading the way.
As of June 29, possession and use of cannabis, commonly known as marijuana, will be legal in New Mexico for adults aged 21 and older. This development signals a significant step forward in the United States, where states are gradually adopting more lenient cannabis laws.
In conclusion, while Mexico's cannabis legislation remains stalled, the potential for a thriving cannabis industry is evident. Farmers and cartels are eager to capitalize on this opportunity, and the need to maximize medical marijuana's potential remains. The global trend of marijuana legal and the economic prospects it brings further emphasize the importance of addressing the legislative delays in Mexico. As the cannabis industry continues to evolve, it is crucial to strike a balance between regulation and economic growth to ensure a safe and prosperous future for all stakeholders involved.
