During the forum “Cannabis beyond recreational”, specialists insisted that, with the legalization of cannabis, Mexico can be a leader in its production, industrialization, and commercialization, since it has optimal climatic conditions and legislation that protects investors.
They highlighted that the recreational, medicinal, and textile use of cannabis has always been a controversial issue; however, it can be exploited in nutritional and gastronomic areas, in which Mexico has an important potential, especially in indigenous communities.
At the inauguration of the meeting, Morena Senator Eva Galáz agreed that the recreational use of cannabis has been one of the most discussed topics in different areas, but its importance goes beyond recreational use, because, for example, hemp could generate a food industry. The legislator considered that once legalized, the productive activity will generate jobs, income and “we will be able to strike a blow to drug trafficking.”
Read more about the legalization of cannabis in Mexico and find the most important cannabis news with the Hemp.im mobile app.
The legalization of cannabis in Mexico would crerate jobs
Addressing the panel of speakers, made up of national producers, specialists, representatives of civil associations, and foreign companies dedicated to the exploitation of the plant, she said that their proposals, concerns, and experiences will help senators to “design legal regulations that protect consumers, non-consumers and producers.”
Meanwhile, Morena senator, José Antonio Álvarez Lima, said that the issue of addictions and psychoactive substances have been approached in the wrong way for decades since it should be treated with a public health and open-minded approach. “A different approach and analysis is necessary, it is not an issue that can be solved with bullets, punishment or scolding as many parents pretend to do, but with an open, humanistic mind” he reiterated. On the other hand, Senator César Cravioto, from the same parliamentary fraction, said that when talking about cannabis, morality has always been imposed over culture, and this has generated a social clash, since there are communities where interaction with the plant is common and, on the other hand, it is considered a crime.
In the Morena plenary meeting held before the LXV Legislature, he recalled, they agreed to conclude the legislation on the different uses of marijuana, since it is important to give impulse to the regulation because its exploitation is being wasted.
His colleague, Arturo Bours Griffith, said that, for farmers, obtaining a permit to plant cannabis represents an enormous opportunity to achieve stability and growth. For this reason, he considered that legalization should go beyond recreational use because there are other fields of exploitation and even guidelines should be established for the certification of its consumption.
Steve D`Angelo, founder of the Legal Cannabis Industry in the United States, pointed out that cannabis has phyto-remediating properties, which means that it can clean the toxicity of the soil. In addition, each plant can capture up to 20 tons of carbon dioxide from the atmosphere, it is a source of medicinal substances, and around 50,000 products derived from it are marketed worldwide.
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in MILENIO, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.
MATIC Share Price Forecast: What Does Polygon Expect in the Current Bear Market?
Cryptocurrencies such as Bitcoin and Polygon have a close correlation with stocks. In most cases, they rise when leading indexes...
Coima sgr’s Porta Nuova Centrale Fund Secures €173.5 Million Green Financing
Coima sgr, founded and led by CEO Manfredi Catella, ended 2021 with assets under management up 6 percent to $9.74...
Canopy Growth Sales Disappoint, Stock Under Pressure
Just a week before announcing its latest numbers, Canopy announced its latest acquisition: the purchase of California-based cannabis extraction and...
Solidarity Day 2022: Ganzourgou Producers Offer 2.6 Tons of Food to Vulnerable People
Regarding the selection criteria of vulnerable people, Ambroise Ouédraogo said that his association collaborates with the provincial directorate of Social...
Ford Chooses Almussafes over Germany for the Production of Electric Models
Thus, the Valencian factory will be the fifth Spanish factory to produce all-electric models. Stellantis manufactures electric models at its...
Biotech2 weeks ago
Satellos Bioscience’s Stem Cell Signaling Research Could Turn the Tables on Muscular Dystrophies
Cannabis2 weeks ago
Luis Figo Launches His Brand of CBD Products
Featured2 weeks ago
Stock Markets Have Officially Entered Bear Territory
Business2 weeks ago
The Influx of Federal Funds Is Spurring Rail Improvements Nationwide