Marijuana legalization is a trending topic in many
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Mexico is ready to seal the deal
A Leaf Desk report on September 20 said that Mexico will legalize cannabis by the end of October. Marijuana legalization was set in motion last year when the Supreme Court imposed a deadline to end prohibition. Currently, the Senate’s committees are reviewing 13 proposals.
A US-based Mexican political expert, Jonathon Winterburn, told Leaf Desk that Mexico will legalize marijuana. Now, we have to see when cannabis becomes legal. He thinks that Mexico might pass a law by the first half of 2020.
https://articles2.marketrealist.com/2019/09/m...seal-deal/
In August, the Mexican government asked for the public’s opinion about legalization. Public hearings showed a favorable response toward legalization. On September 3, Senator Julio Menchaca Salazar of the government’s ruling MORENA party introduced a bill to legalize marijuana. Last week, there were a lot of discussions about the bill. Also, President Andrés Manuel López Obrador’s administration supports legalization.
In March, New Frontier Data stated that the Mexican cannabis market’s current annual value is $2 billion. Meanwhile, the cannabis industry in Mexico also supported close to 50,000–75,000 jobs.
Reuters reported that Mexico’s Supreme Court asked the Health Ministry to have proper regulations set for medical cannabis use. According to the court’s ruling, the Health Ministry will update its guidelines. Notably, the updates should have happened within half a year after legalization in 2017.