Could Mexican Cannabis Legalization Squeeze the U.S.?

June 23, 2021

That giant sucking sound could be the sound of billions of dollars flowing out of the United States to it’s neighbors, as Mexico could soon join Canada, ending the prohibition of growing, selling, and consuming cannabis. 

In 2018, the Supreme Court of Mexico ruled the prohibition of cannabis to be unconstitutional, and ordered legislators to address the matter by passing the necessary legislation to make a change.  Three years later, without any changes made, the Supreme Court has begun the process which would end prohibition through judicial action. If this happens, both of the U.S. border neighbors, Canada and Mexico, would have a major competitive advantage over the U.S. in one of the fastest growing global industries.  

The U.S. can not afford to sit by, and get left at the gate.  Further delays will cost the U.S, jobs and money. It’s clear that U.S. adults want Congress to act to end prohibition. Approximately 40% of U.S. adults live in states where cannabis is, or will be, legal for adult use, and 70%  have access to state legal medical cannabis.  According to recent polls, more than 90% of U.S. adults support legalization.  With both parties in Congress proposing bills that would end prohibition, it’s time for Washington to enact comprehensive cannabis policies providing for cannabis legalization, taxation, regulation, and restorative justice.