Business
How Mexico could turbocharge ASX cannabis shares
If Mexico moves forward with legalising recreational marijuana use, the ripple effects could boost cannabis shares across the globe. ASX cannabis shares, especially those with international markets in their sites, could enjoy a fresh tailwind for years to come.
What’s going on with Mexico and cannabis?
It wasn’t long ago that Mexican authorities still diligently pursued and prosecuted people for breaking the nation’s cannabis laws. Even minor possession could incur a heavy fine or jail term.
That changed in 2009, when the nation decriminalised the possession of small amounts of cannabis. Nine years later, in 2017, Mexico gave the green light to select medicinal marijuana products. The medicinal market is likely to expand this…
-
General16 hours agoAustralian celebrity chef Peter Russell-Clarke dies aged 89
-
Noosa News23 hours agoBarn-owl project reducing farmers’ reliance on poison to manage rats and mice
-
Noosa News20 hours agoSouth-west Queensland highway closed after truck carrying oxygen cylinders catches fire
-
Noosa News15 hours agoWoman airlifted to Brisbane hospital after big cat mauling at south-east Queensland zoo near Toowoomba