Former Mexican President Vicente Fox said on Friday he expected Congress to pass its new law to legalize cannabis next week, a move that would effectively create one of the world’s largest weed markets.
The bill, backed by the administration of President Andres Manuel Lopez Obrador, would mark a major shift in a country bedeviled for years by violence between feuding drug cartels.
Fox, a director at Colombian-Canadian Khiron Life Sciences (KHRN.V) which focuses on cannabis for medical use, has been a long-standing advocate for the decriminalization of marijuana in Mexico . . .
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