This Tuesday, Mexico quietly passed and published rules that would regulate medical cannabis, setting up Mexico for a nation-wide cannabis industry, and taking another step towards overall cannabis reform in a nation that has been under the spotlight for a long time when it comes to cannabis regulation.
Mexican President Andres Manuel Lopez Obrador officially signed into law the new legislation, which allows pharmaceutical companies within the country to officially do research on cannabisfor medicinal purposes. Additionally, it also allows for testing of cannabis for recreational purposes, which will eventually lead to the world’s largest national cannabis market. But for now, only the medical rules have a practical application, as only the medical industry has been completely established.
This distinction is important, because currently, Mexican lawmakers are in the homestretch of legalization, working on a bill that is expected to pass during this legislative session in Congress, making recreational cannabis a reality within 2021. Since legislators are pretty sure it will pass, and are actively working on it, rules are being drafted for a recreational market as well, but for now, only the medical rules have been published and can actually be put to use.
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Mexico Publishes Medical Cannabis Regulations
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