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A Green Wave? Mexico s Marijuana Market May Be Middling

A Green Wave? Mexico’s Marijuana Market May Be Middling Lawmakers in Mexico are on the verge of legalizing marijuana, but economists and industry analysts warn against expecting much monetary benefit. A marijuana plant at a protest in favor of legalizing cannabis in September.Credit.Carlos Jasso/Reuters By Oscar Lopez March 12, 2021 MEXICO CITY — Mexico, a country carved up by cartels for decades, is poised to take a major step in drug policy. This week, the lower house of Congress approved a landmark bill to legalize recreational marijuana, which would make it the world’s largest legal market for the drug.

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