Mexican Cannabis Market Brought to You by CannaMexico and CannabiSalud

Mexican Cannabis Market Brought to You by CannaMexico and CannabiSalud

Latin American region plays an essential role in the cannabis market. Uruguay is one of the first countries that legalized medical marijuana, and it is no surprise that the leading cannabis conferences are held in Mexico, CannaMexico, and CannabiSalud.

According to Fundacion CANNA, CannabiSalud 2018 “was the second symposium for health professionals that brought together leading researchers, doctors and health caregivers, non-profit organisations, activists and companies with their Mexican counterparts who are interested to participate in developing knowledge and practice of medicinal cannabis and to create a Mexican pharmaceutical industry based on cannabis.”

The conference consisted of various lectures, meetups, panels, and discussions, where were covered different topics, including the history of cannabis, types of products, genomics, regulation, the endocannabinoid system, research and even aspects of plant chemistry and its role in human medical treatments.

Most of the discussions were focused on a positive impact of medical cannabis such as cancer, autism, chronic pain, epilepsy, psychosis and a wide variety of other chronic conditions.

Mexico has a long-lasting history of the cannabis market. This country is involved in the illegal production of cannabis and has a more negative reputation in the case of marijuana consumption. As Mexico is in a process of regulating cannabis research, and already made steps forward, legalizing medical marijuana, CannabiSalud enables obtain knowledge about cannabis, and its positive impact on health.

CannaMexico is a second large Cannabis Conference in Mexico and represents an International Summit focused on showing the potential of the Cannabis industry in Mexico. The main goal of the conference is to provide information on legal regulations, market opportunities, medical advances, innovation, and wellness, according to the official website.

Here are the presentation and the main focus of the CannaMexico World Summit 2019.

In December 2016, the Mexican Senate approved the legalization of the use of marijuana for medical purposes. President Enrique Peña Nieto, who had previously declared his negative attitude towards the legalization of marijuana, then spoke in favor of the possibility of its legalization for medical purposes. Today, Mexico is one of the pro-marijuana legalization countries in the world arena.

The Supreme Court of Mexico considered two lawsuits from citizens of the country and recognized as legal the use of marijuana for recreational purposes (that is, for recreation and entertainment). Now the country can offer legislation to legalize cannabis.

However, medical treatment is not the main reason for the positive movement toward marijuana. Another significant reason is a long-lasting battle with illegal market of cannabis in Mexico. The Mexican authorities plan to raise $ 100 million through the sale of cannabis. In addition, marijuana legalization is expected to help reduce crime rates in the country by removing part of the drug trafficking from the shadow.

Authorities believe that legalization of marijuana can help to win the battle with the cartels.

Mexico legalizes marijuana to fight drug trafficking

Mexico Legalizes Marijuana to Fight Drug Trafficking

The elected president of Mexico, Andres Manuel Lopez Obrador, is considering the possibility of legalizing drugs in order to fight violence in the country. This was stated by Olga Sánchez Cordero, who will occupy the post of Secretary of the Interior of Mexico, reports the electronic version of the newspaper Milenio.

“When we had a meeting about the restructuring of the Ministry of Internal Affairs, he [the elected president] was well aware of all my press conferences and, above all, about my published articles on the decriminalization of drugs.

He told me literally: “Carte blanche, everything that may be necessary, everything that may be necessary to achieve peace in the country, we will start a debate,” said Cordero in an interview.

Sanchez Cordero added that Lopez Obrador admitted that Mexico is immersed in violence, to which the state is currently powerless.

These new regulations consider the following:

  • Give the right to grow and sell marijuana to licensed companies, which in this case will be prohibited from hiring minors
  • To give individuals the right to grow marijuana, for personal use but with some limitations
  • Allow marijuana use in the same public places as tobacco smoking
  • Outlaw the sale of marijuana to a minor

Although this substance is permitted for recreational use in ten states of the United States and the District of Columbia, Mexico still remains the main supplier of illegal marijuana to the North American market. Drug cartels are constantly struggling to control the shipping routes and markets for this and other drugs.

Legalization of marijuana is considered by the new government as a way to mitigate the criminal situation in a country torn by wars between drug trafficking groups.

This issue is related to the legalization of medical marijuana, but also for tourists. Enrique de La Madrid, the Secretary of Tourism of Mexico says that cannabis should be partially legalized at tourist resorts. It has caused another round of discussions about the need to legalize cannabis in the country.

In June 2017, Mexico approved the use of marijuana for medical and scientific purposes for local residents but retained a ban on the use and cultivation of cannabis for personal use. The implementation of pure marijuana will continue to remain outside the law. For now, according to TicToc Bloomberg, Mexico is considering legalizing marijuana in an effort to bring in $100 million in sales and curb violence.

In many other countries, people can use marijuana for medical use and grow plants at home. In particular, marijuana is partially legal in 30 countries of the world, and in 14 countries marijuana is used in medicine. Partial legalization means that the inhabitants of these countries can grow and store a small quantity of hemp.

There are two countries where marijuana is fully legalized, Canada and Uruguay. Partly legalized in the USA, and various Latin American countries like Mexico, Brazil, Argentina, Chile, Venezuela and so on. However, the UK, Europe, Asia, and even Russia are also thinking about its legalization for medical purposes.