Puerto Vallarta News

Puerto Vallarta News

Mexico proposes the creation of Cannsalud, a government monopoly on the distribution of marijuana

The Morena party, founded by the president of Mexico, Andrés Manuel López Obrador, proposed a law in Congress that includes creating a public company to regulate the sale of marijuana.

In accordance with the initiative to reform the General Health Law and the Federal Criminal Code, published in the Parliamentary Gazette, Mexicans could grow their own marijuana without the need for a license or permit, provided it is for personal consumption.

In addition, the bill provides for the creation of a public company called Cannsalud , which will be authorized exclusively to buy cannabis and its derivatives from individuals . . .

Read Full Story

Related Posts

Rally Maya México confirms Cancún finish for 2026 tour

Rally Maya México confirms Cancún finish for 2026 tour

Rally Maya México announced its 2026 dates and five-stage route, starting in Palenque and ending...
Los Muertos Pier hosts free Valentine DJ set in PV

Los Muertos Pier hosts free Valentine DJ set in PV

Puerto Vallarta will light up Los Muertos Pier on Feb. 14 with a free electronic...
Mexico withholding tax shakes real-estate crowdfunding

Mexico withholding tax shakes real-estate crowdfunding

Mexico’s 2026 tax rules force real-estate crowdfunding platforms to withhold 20%–35% on returns, complicating investing...
Mexico Real Estate Embraces AI Amid Capital Squeeze

Mexico Real Estate Embraces AI Amid Capital Squeeze

Mexico’s real estate developers grapple with pricier loans and shorter timelines. They’re embracing AI and...