Mexico

Tue
28
May

Agriculture Technology Transforming Latin America’s Medical Cannabis Market

Latin America’s medical cannabis market may be a perfect fit for agriculture technology like precision irrigation.

Fri
10
May

Mexico announces plans to end the prohibition of drugs

The President of Mexico has announced plans to pursue a dramatic shift away from drug prohibition. The National Development Plan for 2019-2024, presented by President Andrés Manuel López Obrador and his administration last week, states that a “prohibitionist strategy is unsustainable” because it leads to violence and public health harms, and criminalizes people who use drugs. The plan proposes to negotiate with the United States and in multilateral settings like the United Nations to end the prohibition of drugs and redirect the resources now invested in the war on drugs toward treatment programs.

Mon
29
Apr

Recreational marijuana to enter the Mexican market before October

Even though marijuana is still illegal in many countries around the world, it’s prominence is increasing day by day. Taken from a Gallup report which stated 66% of the US population is in favor of cannabis legalization. From null to bulk, the US currently has 33 states that have approved some form of legal marijuana program as well as 10 among them approving recreational marijuana as well.

Not just the US, but also 40 other countries have legalized medical marijuana. Two of them have already allowed recreational marijuana, i.e. Canada and Uruguay. Canada was the first in this run to wholly legalize it throughout the country in 2018.

Mon
15
Apr

DPA Executive Director issues statement to Mexican Senate on cannabis legalization

Last Monday, the Mexican Senate’s Health Commission hosted a forum featuring policy experts and government officials.

Tue
09
Apr

Khiron Life Sciences hires management team to lead Dixie Brands joint venture and continue market expansion strategy in Chile and Mexico

 

Read full article here.

Khiron Life Sciences Corp. (“Khiron” or the “Company”) (TSXV: KHRN), (OTCQB: KHRNF), (Frankfurt: A2JMZC), a vertically integrated cannabis leader with core operations in Latin America, today announced four key additions to its executive team to strengthen its market reach in Mexico and Chile, and implement its joint venture initiative with Dixie Brands, a partnership that will bring more than 100 market-leading Dixie brands to the Latin American market.

Fri
05
Apr

Muisca Group: Elevating Latinos in the Latin American cannabis market

Latin America is a global example in the deregulation of cannabis. Companies across the Americas are investing in states where legalization is at the forefront. Countries are courting investors and building communities to design and further deregulation initiatives.

Cannabis is a historical and cultural medicine for many communities across Latin America, and some governments, like Colombia, are seeking to elevate those communities and include them in the new booming economy.

Thu
28
Mar

Can Latin America become a world leader in the medical cannabis market?

The medical cannabis market in Latin America is expected to be worth $8.5bn in 2028. Health Europa explores the industry, highlighting the main drivers in the rising economy.

Latin America is emerging as one of the key players in the medicinal cannabis industry, particularly on the growing and agricultural side of business. Although Canada has always been dominant in the medical cannabis market, this is now under threat, and many Canadian companies are looking at moving south and working with Latin American suppliers.

Wed
20
Mar

What you missed in Latin American Cannabis this week

 

Latin America has the potential to be one of the largest medical marijuana markets in the world.

In addition to foreign investments, new legislation, and special cultivation licenses, here are some stories you might have missed about cannabis in Latin America this week.

 

 

Argentinian engineers develop cannabis extractor

In February, the Faculty of Design and Urbanism at the University of Buenos Aires unveiled a prototype design of a medicinal cannabis oil extractor called Nectar.

Fri
15
Mar

Could Mexico soon be exporting marijuana to the U.S.?

If you think the marijuana industry is delivering incredible growth now, then you haven't seen anything yet. According to a report from Arcview Market Research and BDS Analytics, worldwide weed sales are slated to grow by 38% in 2019 to $12.8 billion, with investment firm Cowen Group projecting an even more aggressive surge in global sales to $75 billion by 2030.

Tue
12
Mar

Mexico's medical marijuana industry getting boost from higher yields

Although Medical marijuana has been legal in Mexico since June 2017, the lack of a regulatory structure has prevented the industry from taking off. That means that those who could benefit from consuming medicinal pot, treating their glaucoma or anxiety with a toke, haven't been able to do so.

Now, however, those regulations are on the horizon. That's because two former Mexican lawmakers and a Denver cannabis consulting company are teaming up to write the regulations themselves.

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