Mexico publishes medicinal cannabis regulation, creating new market
Mexico publishes medicinal cannabis regulation, creating new market
MEXICO CITY (Reuters) - Mexico's health ministry on Tuesday published rules to regulate the use of medicinal cannabis, a major step in a broader reform to create the world's largest legal cannabis market in the Latin American country.
The new regulation was signed off by President Andres Manuel Lopez Obrador, and will now allow pharmaceutical companies to begin doing medical research on cannabis products.
The cannabis reform taking place includes the recreational use of marijuana, and will create what would be the world's biggest national cannabis market in terms of population.
The new medicinal rules state companies which wish to carry out research have to obtain permission from the Mexican health regulator, COFEPRIS, and this research has to be done in strictly controlled, independent laboratories.
"The standard of regulation is very, very high," said Luisa Conesa, a lawyer and pro-cannabis activist who spearheaded legal challenges that led to decriminalization of medical cannabis.
"(The regulation) is not aimed at patients growing their own cannabis, it is aimed at pharmaceutical companies producing pharmaceutical derivatives of cannabis which are classified as controlled substances that need prescription."
The regulation also sets rules for the sowing, cultivation and harvesting of cannabis for medicinal purposes, which would allow businesses to grow marijuana legally on Mexican soil.
While some cannabis plant imports are permitted for companies looking to create products, exports of Mexican-grown cannabis is prohibited.
Foreign weed companies from Canada and the United States have been looking at Mexico with interest. Many had delayed making investment decisions due to policy uncertainty and were waiting for the final regulation to be published.
Mexico's lawmakers are also in the final stages of legalizing recreational use of marijuana, with the bill expected to pass in the next period of Congress.
The legislation marks a major shift in a country bedeviled for years by violence between feuding drug cartels, which have long made millions of dollars growing marijuana illegally and smuggling it into the United States.
(Reporting by Drazen Jorgic; Additional reporting by Raul Cortes Fernandez; Editing by Dave Graham)
Reuters: 5 hrs ago
No thoughts on “Mexico publishes medicinal cannabis regulation, creating new market”
Articles - Most Read
- Home
- LIVER DIS-EASE AND GALL BLADDER DIS-EASE
- Contacts
- African Wholistics - Medicines, Machines and Ignorance
- African Holistics - Seduced by Ignorance and Research
- African Wholistics -The Overlooked Revolution
- The Children of the Sun-3
- Kidney Stones-African Holistic Health
- PART ONE: DIS-EASE TREATMENT AND HEALTH-3
- 'Tortured' and shackled pupils freed from Nigerian Islamic school
- The Serpent and the RainBow-The Jaguar - 2
- PART ONE: DIS-EASE TREATMENT AND HEALTH-2
- PART ONE: DIS-EASE TREATMENT AND HEALTH-4
- PART ONE: DIS-EASE TREATMENT AND HEALTH-5
- King Leopold's Ghost - Introduction
- African Wholistics - Medicine
- Menopause
- PART ONE: DIS-EASE TREATMENT AND HEALTH-6
- The Mystery System
- The Black Pharaohs Nubian Pharaohs of Ancient Egypt
Who's On Line?
We have 53 guests and no members online
Ad Agency Remote
Articles - Latest
- The nightly ritual that could improve memory and brain health, according to scientists
- Hyacinth Bean: How Nutritionists Rate Its Nutrients, Health Effects, And More
- Top healthiest fruits with anti-inflammatory properties
- Vitamin B12 deficiency symptoms: How to spot the signs in your feet
- Dehydration may be as bad 'as smoking' for veins - how much water you need to avoid stroke
- Winter Squash: A Superfood Or Not? Nutrition Professionals Weigh In, With Serving Tips And Health Risks
- Why The Nutrition Professionals Love Winter Melon, Nutritional Benefits And Serving Size Guidelines
- Lesser-known lung cancer symptom in arm or shoulder that can't be ignored
- HIV breakthrough as new technology removes all traces of virus from infected cells
- Seven fruits for diabetics to avoid that can increase blood sugar spike risk
- Top 7 Uses and Benefits of Dead Nettle Plants
- 6 physical symptoms of anxiety you shouldn’t ignore, according to experts
- The five warning signs of bad circulation, according to a surgeon
- How to use wild garlic
- How many litres of water should you drink a day and does tea count?
- Cucumber: Nutrition Professional Opinions And Healthy Portions
- Hardening of the arteries speeds up ageing process, new study says - how to prevent
- FDA Approves First Gene Therapies to Treat Patients with Sickle Cell Disease
- Three questions for men facing infertility from risk factors to treatments