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MEXICAN SENATE LAUNCHES REC PUSH

By Alex Halperin
10/21/2019 11:14 AM GMT-0700
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Mexico’s Senate will reportedly vote to legalize REC in coming days, a major step towards full legalization in a country where violent drug cartels have long had outsized influence. Mexico’s leftist President Andres Manuel Lopez Obrador has indicated he supports legalization.
Reuters

  • If the bill passes the senate it would move to the lower chamber where Obrador’s MORENA party also holds a majority.
  • There have been calls in the party for a state-run monopoly on the REC market though others want more private sector involvement.

Quick Hit

  1. France appears ready to commit to a 3,000 person, two-year MED experiment.
    MJBiz

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