Filtered by tag "Mexico"

Mexico’s Cannabis Market Potential

Mexico is the second-most populated country in Latin America, with more than 1.4 million cannabis consumers, including nearly 850,000 regular (past-month) users. Mexico’s total potential market revenues surpass $2.0 billion, supporting between 50,000-75,000 jobs. Converting farms from illicit to legal grows represents a significant challenge for the Mexican government due to the activity and [...]
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Ask Our Experts 3/03/2019: What are the implications of Mexican adult-use legalization

  Q: What are the implications of Mexican adult-use legalization; is it all about state revenue and taxes? By Beau Whitney, Vice President, and Senior Economist, New Frontier Data A: Mexico’s recent efforts to legalize adult-use cannabis are starting to come to fruition. As the final arguments head to the National Supreme Court of Justice for determination, many […]
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Something to Declare: Legalized Cannabis Leads to Fewer Border Interceptions

By J.J. McCoy, Senior Managing Editor for New Frontier Data Nationally, reported interceptions of cannabis by the U.S. Customs and Border Protection have been falling dramatically throughout recent years, from 2.53 million pounds in 2011, to 861,231 pounds in 2017 — a 66% decrease. That dramatic decline mirrors the increase in domestic cannabis production as more […]
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Slowing the Tide of Imported Cannabis

  Reported interceptions of illicit cannabis by the U.S. Customs and Border Protection nationwide have fallen from 2.53 million pounds in 2011, to 861,231 pounds in 2017: a 66% decrease. The consistent declines inversely reflect increases in domestic cannabis production as more U.S. states legalize cannabis whether for medical programs, adult-use markets, or both. Year-over-year […]
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Mexican Nationals Now Smuggle US Cannabis into Mexico

By New Frontier Analysts In recent years there has a been a trend of Mexican nationals smuggling cannabis across the border from California back into Mexico. This has come as somewhat of a surprise, as traditionally cannabis has been smuggled from Mexico into the United States. But medical legalization in California has changed that. California […]
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