Pot Production Declines in Mexico as Legalization North of Its Border Flourishes Ricardo Baca - The Cannabist
go to original January 18, 2016

What US Marijuana Legalization Has Done to the Mexican Black Market (TheLipTV)

As the cannabis lobby and its supporters makes their legalization pitches the world over, from San Francisco to Montevideo, one of their most important talking points is the eradication of the black market.

Legalization supporters say that a regulated cannabis market can take that illegal, oftentimes-foreign-grown weed off the street and replace it with a state-supervised product that is taxed for the greater good. In America, much of the illegal marijuana comes from Mexico; In Uruguay, much of the illicit cannabis comes from Paraguay.

But two years into these legal recreational marijuana sales, does the system appear to be working that way? While it’s impossible to calculate the exact size of the black market, new data reported recently by the Los Angeles Times suggests that Mexican pot production is in decline — backing up previous anecdotes that Mexican cannabis farmers are steering away from marijuana crops as legalization efforts north of the border cut into their profit margins.

Read the rest at The Cannabist

Related: Is Pot Legalization Actually Working? Yes, and Here Are Three Reasons Why (The Cannabist)

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