You are here
Home 🌿 Marijuana Business News 🌿 Legal Marijuana In The United States Hurting Mexican Drug Cartels, Farmers 🌿Legal Marijuana In The United States Hurting Mexican Drug Cartels, Farmers
Some small-scale Mexican marijuana farmers say a loosening of marijuana laws across the U.S. has increased competition from grows in the states and could put them out of business. The farmers used to earn $100 per kilogram for their illegal crops, but that has fallen to $30 per kilogram in the last four years, the Los Angeles Times reported Wednesday.
"I've always liked this business, producing marijuana," one 50-year-old farmer from the Mexican state of Sinaloa told the LA Times. This season’s crop will be his last, he said.
Crop price declines have prompted a notable decline in marijuana production in Mexico, along with a drop in illegal trafficking to the U.S., according to Mexican and U.S. officials. Mexico provided two-thirds of the marijuana consumed annually in the U.S., about six years ago, according to the Rand Corp. think tank’s drug policy research center.
The U.S. and...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
420 Intel is Your Source for Marijuana News
420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.
420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.
Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.
You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.
Follow us on Instagram
Connect with us on Linkedin