by Adrian Cisneros Aguilar, Attorney at Harris Bricken
Six weeks in the past, Mexico got here out with laws for cultivating, processing, promoting, and importing/exporting medical hashish, making the nation the most important on this planet (by inhabitants) to have a totally legalized medical hashish provide chain.
We have written several blog posts about Mexico’s new hashish laws and we placed on a webinar for stakeholders that drew almost 1,000 registrants and generated so many questions that we really feel compelled to do a observe-up on-line Q&A webinar on March 4th to ship much more solutions in regards to the present hashish scene in Mexico.
If you missed the primary webinar, you may watch it here, and when you’re within the Q&A webinar, make sure you register here. Make positive you additionally submit any and your entire Mexico hashish/hemp/CBD questions once you register.
In the meantime, hashish companies serious about Mexico want to begin getting ready now in order that they’re effectively-positioned in Mexico’s future hashish economic system.
Mexico’s passage of its medical hashish laws began its phased implementation of permitted medical hashish enterprise actions, and it’s anticipated that medical hashish licensing will probably be typically obtainable on May 23, 2021. If you’re severe about securing a Mexico medical hashish license, the very first thing you could do is type the suitable Mexican enterprise entity to personal your license. You additionally should resolve on the actual license you need and begin getting ready the suitable documentation for that license. It can even behoove you to familiarize your self with Mexico hashish actual property necessities and Mexico’s robust employment legal guidelines.
We additionally obtained many questions on when Mexico will legalize leisure hashish, and whether or not there’s a direct profit to securing a medical hashish license first with a purpose to extra simply get a leisure license sooner or later. No one is aware of but.
2021 is an election 12 months in Mexico and we imagine that politics will result in one thing massive occurring on Mexico’s legalization entrance earlier than the 12 months ends. And if Mexico legalizes grownup-use hashish this 12 months, it’s extensively anticipated that the supporting laws will probably be break up hashish into two tracks: one for merchandise with lower than one % THC and one for merchandise with larger than one % THC. We count on the decrease THC content material product observe to take round six months to implement and the upper THC content material observe would require as much as 18 months. to implement.