Six days ago, Mexico arrived on the scene with laws for cultivating, processing, attempting to sell, and importing/exporting medical cannabis, making the nation the biggest on earth (by populace) to own a totally 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 into the Q&A webinar, make sure to register right here. Be sure you additionally submit any and all sorts of of the Mexico cannabis/hemp/CBD concerns whenever you sign up.
In the meantime, cannabis companies enthusiastic about Mexico have to start planning now to ensure they’re well-positioned in Mexico’s future cannabis economy.
Mexico’s passage through 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. You must choose 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 benefit that is immediate securing a medical
permit first in an effort to quicker get a recreational permit as time goes by. Nobody understands 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 if Mexico legalizes adult-use this year, it is widely expected that the supporting regulations will be split* that is( into two songs: one for items with significantly less than one percent THC and something for items with more than one % THC. We anticipate the reduced THC content item track to just take around 6 months to implement together with greater THC content track shall require up to 18 months. to implement.
These are exciting times! Please do join us if you can for the Q&A webinar this March 4(*)th(*)!(* thursday)
