Mexico Finalizes Medicinal Cannabis Legislation, Eyes Recreational Market Expansion

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Summary

In a substantial policy shift, Mexico’s government has finalized the legislation required to regulate medicinal cannabis use within the nation. Implications for recreational use Parallel to medicinal cannabis regulations, Mexico is on the brink of creating history by potentially establishing the largest legal cannabis market worldwide once the new recreational use bill passes. This development is seen as a move to bolster scientific understanding and therapeutic application of cannabis in various medical treatments. Economically, it opens up new industries and job opportunities, positioning Mexico as a pioneering force in global cannabis markets. Signed by President Andres Manuel Lopez Obrador, the newly approved decree paves the way for an extensive framework concerning both medicinal and recreational marijuana usage.

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In a substantial policy shift, Mexico’s government has finalized the legislation required to regulate medicinal cannabis use within the nation. Signed by President Andres Manuel Lopez Obrador, the newly approved decree paves the way for an extensive framework concerning both medicinal and recreational marijuana usage.

New opportunities in medical research

The latest regulation permits pharmaceutical entities to engage in medical studies involving cannabis-based products. This development is seen as a move to bolster scientific understanding and therapeutic application of cannabis in various medical treatments.

Companies...

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