Mexico

Tue
10
Oct

The striking similarity between biotech stocks and pot stocks

There are few, if any, industries that have been as unstoppable as legal marijuana in recent years. Last year alone, voters went to the polls in nine states and wound up passing medical and/or recreational weed initiatives and amendments in all but one. In just 22 years, we've gone from no states having legalized medical or recreational pot to 29 medical and eight recreational states that now allow it. 

Mon
02
Oct

Legal marijuana still raising controversy in New Mexico

A state-licensed medical dispensary, Ultra Health, is waiting to hear from the federal government after the wraparound bus ads it wanted to buy in Albuquerque were rejected.

The city says advertising an illegal drug is prohibited by federal law.

Medical marijuana use is legal in New Mexico, but the city's transportation department is worried that federal transit money will be withheld if the drug is advertised on city buses.

Now, a local city council member is asking the U.S. Justice Department for clarification.

Ultra Health CEO Duke Rodriguez says bus ads or not, medical marijuana sales are booming.

Fri
29
Sep

Marijuana stocks are the next best thing after legal weed

Given that we already covered the best Canadian marijuana stocks you could profit from, we thought we should also tell you why investing in cannabis stocks might be the next best thing you could do.

Way back in 2016, Nanci Pelosi, House Minority Leader, has spoken of the recent growing trend of marijuana legalization, not only in the US and Canada, but all across the world. In the past two decades, more than half states of the USA have voted yes for medicinal marijuana, as well as Mexico and Canada.

Mon
25
Sep

A shift in North American federal marijuana policy may be imminent

Even as industries from 3D printing to cloud computing and biotechnology are growing rapidly, it's marijuana that's recently been the go-to asset for aggressive investors. According to cannabis research firm ArcView, the legal-weed industry grew by 34% in North America last year to $6.9 billion, and it's slated to grow by a compound annual rate of 26% between 2017 and 2021, reaching an expected $21.6 billion. That type of growth is rarely seen, which is why investors are so excited to jump on the bandwagon.

Fri
15
Sep

Legal pot in Mexico: everything you need to know

On June 19th, 2017, Mexico legalized medical marijuana, or more specifically, "pharnacological derivatives of cannabis" to be regulated and studied by the Ministry of Health. But, for now, Mexico's medical cannabis market will look much different than say, California's, which sells everything from cannabis flower to THC-infused massage oil. Currently, "cannabis derivatives" in Mexico, like oils and pills, must contain less than one percent THC. Although some activists are hopeful and working to change this conservative allotment, many believe that full cannabis legalization is what will help Mexico the most.

Thu
14
Sep

Legalizing weed has done what a 40 year drug war couldn't

The Mexican drug cartels are finally meeting their match as a wave of cannabis legalization efforts drastically reshapes the drug trafficking landscape in the United States. It turns out that as states legalize cannabis use and cultivation, the volume of weed brought across the border by Mexican drug cartels dramatically decreases — and is putting a dent in their cash flow.

A newly-released statistical report from the U.S. Border Patrol shows a sharp drop-off in cannabis captured at the border between the United States and Mexico. The reduction in weed trafficking coincides with dozens of states embracing cannabis use for both medical and recreational purposes.

Mon
21
Aug

Medical Marijuana, Inc. announces state of Mexico's historic purchase of company's cannabis product for its citizens

Medical Marijuana, Inc. (MJNA), the first publicly traded cannabis company in the United States, today announced that the State of Mexico's government has purchased the company's Real Scientific Hemp Oil-X™ (RSHO-X™) CBD hemp oil products from its subsidiary HempMeds Mexico® to treat 11 of its citizens suffering from varying indications including Refractory Epilepsy and Lennox Gastaut-Syndrome. This is the first time a government in Mexico has purchased CBD products for its citizens.

Mon
21
Aug

Marijuana oil proves itself in Mexico

Several creams and oils made using cannabidiol (CBD) are being publicized at the America Expoweed 2017 cannabis fair in Mexico City, at the same time that the Mexican government – for the first time – is providing treatment using cannabis-based products to 11 patients with serious illnesses such as epilepsy and cancer.

Mexican law still does not allow the sale of these products, but it does allow their import, while the Federal Protection Commission against Health Risks (Cofepris) is working on regulatory frameworks to include these types of treatments.

Last April, the Chamber of Deputies approved the medicinal use of cannabis to treat illnesses, also allowing clinical research into new treatments.

Mon
07
Aug

Mexico is writing rules for medical marijuana

Margarita’s 13-year-old son, Carlos, usually sits in a wheelchair. He suffered a cardiac arrest just after birth and was diagnosed with near loss of brain function. Since then, Margarita has dedicated herself to taking care of him, becoming well acquainted with his frequent epileptic seizures and spending thousands of dollars on hospitalizations.

Margarita lives in an apartment near the center of Mexico City with the signatures of a modest middle-class life there: a spacious living room, a balcony, plenty of room for her family of four. But when it comes to medical care, “in this country," she said, "only rich people can afford to get sick.” 

Wed
02
Aug

Why Will Europe Be Slow in Legalising Medical Cannabis

Drug policy usually moves like an iceberg: slowly. And while and it can be hard to turn, sometimes it changes course in an unexpected direction. In the case of cannabis or marijuana, it may be picking up speed, but there are rough waters ahead.

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