skip to Main Content
Mexico’s Medical Cannabis Regulations: What Should Cannabis Businesses Be Doing RIGHT NOW?

by Adrian Cisneros Aguilar, Attorney at Harris Bricken

Six weeks ago, Mexico came out with regulations for cultivating, processing, selling, and importing/exporting medical cannabis, making the country the largest in the world (by population) to have a fully legalized medical cannabis supply chain.

We have written several blog posts 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 first webinar, you can watch it here, and if you’re interested in the Q&A webinar, be sure to register here. Make sure you also submit any and all of your Mexico cannabis/hemp/CBD questions when you register.

In the meantime, cannabis businesses interested in Mexico need to start preparing now so that they’re well-positioned in Mexico’s future cannabis economy.

Mexico’s passage of its medical cannabis regulations started its phased implementation of permitted medical cannabis business activities, and it is expected that medical cannabis licensing will be generally available on May 23, 2021. If you are serious about securing a Mexico medical cannabis license, the first thing you must do is form the appropriate Mexican business entity to own your license. You also must decide on the particular license you want and start preparing the appropriate documentation for that license. It will also behoove you to familiarize yourself with Mexico cannabis real estate requirements and Mexico’s tough employment laws.

 We also received many questions about when Mexico will legalize recreational cannabis, and whether there’s an immediate benefit to securing a medical cannabis license first in order to more easily get a recreational license in the future. No one knows yet.

2021 is an election year in Mexico and we believe that politics will lead to something big happening on Mexico’s legalization front before the year ends. And if Mexico legalizes adult-use cannabis this year, it is widely expected that the supporting regulations will be split cannabis into two tracks: one for products with less than one percent THC and one for products with greater than one percent THC. We expect the lower THC content product track to take around six months to implement and the higher THC content track will require up to 18 months. to implement.

Re-published with the permission of Harris Bricken and The Canna Law Blog

This Post Has 0 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent Stories

Phoenix Rising: Will Terry Booth’s Audacious New Game Plan Succeed?

Australis Capital Inc. (CSE:AUSA) (OTC:AUSAF) CEO Terry Booth, who famously started Aurora Cannabis in 2006 before departing under duress in 2019, has a lot on his mind and his plate these days as he undertakes for the second time in his career the truly formidable task of steering a large cannabis venture into market relevance.…

Top 5 Communications Strategies According to Publicity Experts

Every cannabis and cannabis-related brand needs publicity to spread the word, boost awareness, and motivate people to buy its products and services. The challenge for businesses working in and with the cannabis industry is determining how to invest their time and marketing budgets to get publicity that actually drives the type of engagement that leads…

Delta-9 THC Products from Hemp Are a Risk Not Worth Taking

The hemp-derived cannabinoid market continues to grow and evolve despite lingering questions over federal legality and numerous state laws that try to keep pace. Much has been written about new “legal” hemp products that contain intoxicating delta-8 THC, delta-10 THC and THC-O Acetate. This article, however, seeks to highlight a brazen new use for familiar…

Paybotic Proud to Attend the Illinois Cannabis Convention

PRESS RELEASE The top payment processor for dispensaries and other cannabis businesses in the United States will be available for networking at the NECANN Cannabis Convention. WEST PALM BEACH, FLA.  NOVEMBER 29, 2021 Paybotic is eager to announce that they will be an exhibitor at NECANN in Illinois and will be showcasing their financial solutions…

More Categories

Back To Top
×Close search
Search