Mexico is on the verge of creating the world’s largest legal marijuana market, a move that could pressure President Joe Biden to embrace weed, too.
Mexico’s Chamber of Deputies passed landmark legislation Thursday morning, ahead of an April 30 deadline set by the country’s Supreme Court to legalize recreational sales. The Senate is expected to back the bill in the coming days.
“It’s historic,” said Luis Armendáriz, a cannabis attorney with the Hoban Law Group who works with companies that are looking to enter the Mexican market. “You have the end of prohibition of more than 100 years.”