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New Frontier Data analyzes Latin America cannabis market

Posted on February 14th, 2019 by Bill Weinberg and tagged , , , , , , , , , , , , .

leafLatin America is at the forefront of the global wave of cannabis law reform, according to a new report from a DC-based industry analyst. New Frontier Data sees a $9.8 billion market in the region, with big expansion potential for both exports and serving local consumption. 

El Chapo guilty: prohibition-fueled narco-wars rage on

Posted on February 13th, 2019 by Bill Weinberg and tagged , , , , , , , .

ChapoNotorious narco-lord "Chapo" Guzmán was convicted by a federal jury in New York and faces life in prison. But violence in Mexico has only escalated since his capture. Few media accounts have noted how Chapo and his Sinaloa Cartel rose as militarized narcotics enforcement escalated in Mexico—a trajectory mirrored by the cartels' move from dealing in cannabis to deadly white powders.

Mexico's new president declares drug war 'over' —but cannabis eradication continues

Posted on February 6th, 2019 by Global Ganja Report and tagged , , , , , , .

MexicoAlready officially studying the possibility of cannabis legalization, Mexico's new President López Obrador has now announced a formal end to the "war on drugs" that has only seemed to fuel the narco-violence over the past 10 years.  However, military troops are still being mobilized for narcotics enforcement—including marijuana eradication.

ArcView analyzes state of world legal cannabis markets in 2019

Planet WatchCalifornia's ArcView Market Research and its affiliated BDS Analytics have released a "2019 Update" to the 6th edition of their report on The State of Legal Marijuana Markets, which was published back in June. The Update takes stock of events in the second half of the year, and anticipates that worldwide spending on legal cannabis will grow 39.1% to $17 billion in 2019.

Study says: Don't build a border wall, legalize cannabis

Posted on January 3rd, 2019 by Global Ganja Report and tagged , , , , .

border wallWith Trump's demands for Congressional funding to build his border wall having forced a shut-down of the federal government, a new report suggests that cannabis legalization has actually done more than security measures to reduce illegal drug flows from Mexico—and that this reality holds lessons for the immigration dilemma.

Mexico's Supreme Court delivers critical fifth ruling on right to cannabis

Posted on November 1st, 2018 by Global Ganja Report and tagged , , , , .

MexicoFor the fifth time, a ruling of Mexico's Supreme Court has upheld the individual right to recreational cannabis. Under the Mexican constitution, this is the critical number that makes the decision binding case law throughout the country. Mexico's Congress now has 90 days to bring the penal code into conformity with the ruling—that is, to effectively legalize cannabis for personal use.

UN 'shadow report' blasts drug war as 'failure'

earthAn international network of non-governmental organizations has submitted a "shadow report" to the United Nations, calling the war on drugs a "spectacular failure"—and calling on the world's governments to reconsider it. The report takes heart from the growing official tolerance of cannabis in several countries around the world, but warns of escalating and horrific repression in the name of drug enforcement in several others. Will the UN take heed when it revisits the question of drug policy in 2019?

Multi-billion dollar legal cannabis industry foreseen for Latin America

Posted on October 9th, 2018 by Bill Weinberg and tagged , , , , , , , , , , , , , , , , .

leafOver the past two years, the Latin American cannabis industry has "emerged from the shadows" to command the attention of international firms and investors. Legal cannabis sales within the region are on track to reach $125 million in 2018—but that figure is expected to rise to $12.7 billion by 2028.

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