Puerto Vallarta News

Puerto Vallarta News

Marijuana industry eyes Mexico as legalization looms

Many top companies cashing in on legal cannabis are considering a bet on Mexico after a Supreme Court decision raised hopes for a legalization of medical and recreational marijuana in a country reeling from years of gruesome drug violence.

From medical marijuana growers to pot private equity firms, many weed entrepreneurs see Mexico as a tempting new business opportunity even though cannabis is still illegal and the market is currently controlled by ruthless drug cartels.

"Me personally, I'm not afraid to go to Mexico," said Daniel Sparks, head of government affairs at BioTrackTHC, a U.S.-based provider of . . .

Read Full Story

Related Posts

Atlantic sargassum belt triggers early in Riviera Maya

Atlantic sargassum belt triggers early in Riviera Maya

Satellite tracking shows a huge Atlantic sargassum belt as Playa del Carmen sees an unusual...
Survey says tourists feel safe in Los Cabos this season

Survey says tourists feel safe in Los Cabos this season

Exit surveys during peak season found 9 in 10 visitors felt safe in Los Cabos,...
San Miguel de Allende seeks Food and Travel Reader Awards

San Miguel de Allende seeks Food and Travel Reader Awards

With voting ending Jan. 30, San Miguel de Allende is chasing top Food and Travel...
Vendors allege kickbacks in Cancún city permit offices

Vendors allege kickbacks in Cancún city permit offices

Small businesses in Benito Juárez say they’re asked for “mochadas” to speed up or cut...