Mexico has approved the sale of cannabis-based products, but without any licensed cannabis businesses, the goods must be imported.
Here’s what you need to know:
- Mexico legalized cannabis for medical and scientific uses in June but hasn’t approved growing the plant or adult use.
- Rules for the sale of cannabis products are expected to be released soon, and the products could hit the market in a month.
- Besides imported products, there’s a belief that some goods will be produced in Mexico with cannabis grown in other countries.
- Several other Latin America nations have legalized marijuana, including Uruguay, Argentina, Chile, Colombia and Peru.