Legalising marijuana: The view from Mexico

The Economist (UK)
Friday, November 2, 2012

si-los-vecinos-legalizan-smallVoters in Colorado, Oregon and Washington will vote on whether to legalise marijuana. Polls suggest that the initiatives have a decent chance of passing in Washington and Colorado (Oregon is a longer shot).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 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.