Marijuana should be legalized in two of Mexico’s main tourist hot spots, Cancun and Los Cabos, in order to reduce criminal violence, Mexico’s minister for tourism said on Thursday.
Tag Archives: Enrique Pena Nieto
You might be wondering what’s behind the big rally in cannabis stocks? While a generally bullish market has certainly helped, there are five other considerably more prominent reasons behind the rally in marijuana stocks in 2017.
Mexican medical marijuana businesses and their investors will have a long time to wait before seeing profits from the newly legalized industry.
On June 19, 2017, Mexican President Enrique Peña Nieto signed a measure into law that legalizes marijuana for research and medicinal purposes.
Mexico’s Lower House of Congress passed a bill on Friday to legalize the use of marijuana and cannabis for medical and scientific needs.
On Dec. 13, 2016, the Mexican Senate voted overwhelmingly to pass a bill that would legalize medical marijuana in the country. Approved by a margin of 98-7, the bill is part of a larger proposal submitted by President Enrique Peña Nieto to Congress.
On Sept. 15, 2016, a legislator from California revealed that Mexican President Enrique Peña Nieto brought up California’s recreational legalization measure with a delegation of California Democratic lawmakers who were visiting Mexico to discuss trade and border issues.
MEXICO CITY—Mexican President Enrique Peña Nieto on Thursday said he would ask the country’s congress to decriminalize personal possession of up to an ounce of marijuana, legalize its medical use and shift public policy from prohibition to prevention of the drug’s consumption.
Marijuana is a global issue, and it seems that despite international treaties and sanctions that vilify the drug, many countries are moving forward in attempt to embrace it.
According to Reuters, Sen. Cristina Diaz Salazar believes Mexico’s Congress should approve a medical marijuana bill by May.
On Dec. 27, 2015, Jesus Zambrano, President of Mexico’s Chamber of Deputies, a house in the country’s Congress, issued a press release announcing that the Congress of Mexico will have a hearing on the issue of recreational marijuana legalization.