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.