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MEXICO TO TREAT POT AS AN ECONOMIC REMEDY

For months we’ve known that Mexico’s ruling party has been poised to enact a progressive cannabis policy allowing home growing and public consumption. Now, under Covid-19, pot is being regarded more as a fix for quarantine damage than a reform issue.
Benzinga

  • The newly established Mexican Institute of Regulation and Control of Cannabis would collect a 12% sales tax — with some revenue going toward a substance-misuse treatment fund — as well as to regulate the market and issue business licenses.
  • Mexico’s proposed legalization bill would let citizens 18 and older possess and cultivate weed for personal use. Mexicans would be allowed to grow as many as 20 registered plants. 
  • Public consumption would be prohibited only in designated tobacco-free spaces.
  • In-person Senate meetings must be held before the legislation can be passed.

Quick Hit

  1. In Mt. Shasta, the Keep Cannabis Away from Kids coalition’s campaign to curtail the legal weed industry lost momentum when Siskiyou County Clerk Laura Bynum rejected their signature submissions. Bynum said the group failed to supply the city with an affidavit in the required time frame.
    Mount Shasta Herald