With the rapid expansion of global cannabis markets, Mexico is one country to keep your eyes on.
To bolster his efforts, Obrador’s choice for interior secretary recently told reporters that part of her involvement in the new government would be to offer a proposal to end the prohibition of cannabis. She does seem quite focused on ending the war on drugs.
You can get a better sense of this in a recent op-ed she published in Milenio, where she wrote:
And if that’s not enough to get you all giddy, on July 4, the Second Chamber of Mexico’s Supreme Court approved a project that will look to establish a system whereby cannabis seeds can be acquired, legally.
Certainly, those who champion social responsibility should applaud any efforts to end the war on drugs. And for those who are cannabis investors, this also offers an excellent time to seek out new opportunities that could allow for the ability to profit from any new legalization measures in Mexico.
To be clear, these are not recommendations to buy these stocks just because they could give you exposure to Mexico. But it is worth knowing the names of a couple of the companies that are seeking to profit from legalization in Mexico.
Now it’s still hard to know exactly how this is all going to roll out. Or even if it will. After all, it wouldn’t be unheard of for a politician to go back on his or her word. But with the rapid expansion of the global cannabis market and the reality that legalization could offer a respite to all the violence that the good people of Mexico deal with on a daily basis, it would be foolish not to keep a close eye on the market for opportunities to invest in Mexican weed.
Opportunities to invest in Mexican weed are starting to rise from the ashes of the war on drugs.