Thursday, June 13, 2024

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Mexico close to decriminalizing marijuana

In Mexico, a country facing issues with feuding drug cartels, a bill that decriminalizes marijuana is making its way through congress.

The draft bill made it through two special committees and is now on its way to the full chamber. It has backing from President Andres Manuel Lopez Obrador, so approval seems like it is around the bend.

A few outside companies have stated their eagerness to take part in a newly legal Mexican landscape, including Canopy Growth, Khiron Life Sciences, and The Green Organic Dutchman.

This bill could potentially have lasting ripples throughout the crime scene of Mexico, where drug cartels have run rampant in recent years. Although most of their focus has been on narcotics in the region, decriminalizing marijuana could be a stepping stone for larger narcotic decriminalization acts, which the President is in approval of.

Read the source at Reuters.


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