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Mexico’s Cannabis Legalization Bill Will Boost Business, But There Are Concerns | Hoban Law Group

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Mexican Senators authorized a historic grownup use hashish legalization invoice on Nov. 19, with an 82 to 18 vote.

This doesn’t legalize grownup use simply but, however Mexico seems well on its method to turning into the third nation to take action and doubtlessly the most important authorized marijuana market on this planet.

The invoice’s passage comes after 5 related Supreme Court rulings, which deemed prohibition unconstitutional. Two prolonged deadlines delayed the method, however every thing seems to be on monitor because the invoice heads to Congress’ decrease home for a closing evaluation and Senate vote.

‘Strict Rules’

Luis Armendáriz, Mexican Attorney and Hoban Law’s Head of Global Practice Group, says the invoice is “a huge step for the birth of the legal industry”, which ought to result in jobs and investments.

But the proposed laws proceed to impose restrictions and penalties on those that don’t adjust to what he considers strict guidelines.

Read the complete article on The Fresh Toast

 

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