Legalising cannabis: Mexico can bring medical marijuana entrepreneurs $2.45 billion a year

If a chief executive of a pot private equity firm is to be believed, legalising cannabis in Mexico can create a legal recreational and medical cannabis market that can bring in $2.45 billion dollars a year. Medical marijuana growers are increasingly turning to Mexico for business opportunities after a Supreme Court decision in November last year opened the door to legalising marijuana in Mexico. The ruling party even presented a bill to regulate medical cannabis.

Even though Mexico has a reputation for being a hub for ruthless and…

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