Mexico Takes Next Steps To Legalize Marijuana

A week after Mexico’s Supreme Court ruled an absolute ban on recreational marijuana unconstitutional, the country is following up quickly with legislation.

Sen. Olga Sanchez, President-elect Andres Manuel Lopez Obrador’s choice for interior minister, plans to send a bill to the Congress that would allow recreational use of marijuana in the country.

Sanchez told Reuters the bill will be presented in Congress this week.

Mexico Would Join 2 Other Fully Legal Countries

With a population of 120 million people, a legal Mexican marijuana market would be significant. Last year, it was estimated that the country’s medical marijuana market alone could be worth $5 billion. Mexico legalized medical

...read more at https://www.benzinga.com/markets/cannabis/18/11/12651994/mexico-takes-next-steps-to-legalize-marijuana

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