Six days ago, Mexico arrived with laws for cultivating, processing, attempting to sell, and importing/exporting medical cannabis, making the nation the greatest on the planet (by populace) to possess a completely legalized medical cannabis supply string.
We have written blog that is several about Mexico’s new cannabis regulations and we put on a webinar for stakeholders that drew nearly 1,000 registrants and generated so many questions that we feel compelled to do a follow-up online Q&A webinar on March 4th to deliver even more answers about the current cannabis scene in Mexico.
If you missed the webinar that is first you can view it right here, and when you’re interested within the Q&A webinar, make sure you register right here. Ensure you additionally submit any and all sorts of of the Mexico cannabis/hemp/CBD concerns whenever you subscribe.
Mexico’s passing of its medical cannabis regulations began its implementation that is phased of medical cannabis business activities, and it is expected that medical cannabis licensing will be generally available on May 23, 2021. You must do is form the appropriate Mexican business entity to own your license if you are serious about securing a Mexico medical cannabis license, the first thing. In addition must determine the license that is particular want and start preparing the appropriate documentation for that license. It will also behoove you to familiarize yourself with Mexico
real estate requirements and Mexico’s tough employment laws.cannabisWe also received many questions about when Mexico will legalize recreational cannabis, and whether there’s an immediate benefit to securing a medical
license first in order to more easily get a recreational license in the future. No one knows yet.2021 is an election in Mexico and we believe that politics will lead to cannabissomething
big happening on Mexico’s legalization front before the year ends year. And when Mexico legalizes adult-use this season, it really is commonly anticipated that the supporting laws is going to be split* that is( into two tracks: one for products with less than one percent THC and one for products with greater than one percent THC. We expect the lower THC content product track to take around six months to implement and the higher THC content track shall need as much as eighteen months. to implement.
These are exciting times! Please do join us if you’re able to for the Q&A webinar this March 4(*)th(*)!(* thursday)