• The Economist on the effect on Mexican drug revenues

    by  • November 13, 2012 • News Stories • 0 Comments

    “The impact on Mexico could be profound. Between 40% and 70% of American pot is reckoned to be grown in Mexico. According to a recent study (in Spanish) by the Mexican Institute for Competitiveness (IMCO), a think-tank in Mexico City, the American marijuana business brings in about $2 billion a year to Mexico’s drug traffickers. That makes it almost as important to their business as the cocaine trade, which is worth about $2.4 billion.” The Economist

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    Steve maintains Marijuana Monitor from Oakland, California. Having grown up in the East Bay and studied at UCLA, he's had ample exposure to contemporary marijuana culture and the policy debate surrounding the issue. He believes that now, more than ever, is the time for clear-headed discussion about pragmatics.

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