Rightsmile, Inc. (RIGH)

[planetaryfuture]

Mexico Poised To Realize Recreational Cannabis Use .....

This event may have significant legislative impact Stateside ..... since the United States will become sandwiched between two major countries with legal recreational access to cannabis-hemp !!! .....

This move might enhance RIGH's potential business opportunities ..... despite keeping Investor's "in-the-dark" !!!

Mexico: Congress Passes Marijuana Legalization Bill

Mexico's lower house of Congress has passed legislation that would legalize the recreational use of marijuana. Proponents believe the bill could help lessen the influence of the country's powerful drug cartels.

Mexico's Chamber of Deputies on Wednesday passed legislation that would legalize marijuana for recreational, medical, and scientific uses. The bill would make Mexico one of the largest markets for the legal marijuana industry, along with Canada and Uruguay.

The bill was passed with 316 votes in favor and 129 against. It would only allow recreational marijuana use for those 18 and older and with a permit.

Historic bill supported by Mexican President Obrador

"Today we are making history," Simey Olvera, a deputy who voted for the bill said. Olvera is a member of President Andres Manuel Lopez Obrador's left-wing Morena Party.

"With this, the false belief that cannabis forms part of Mexico's serious health problems is left behind," she added.

The bill will now have to pass Mexico's upper house of Congress, the Senate. The bill was previously passed by the Senate in November, but it will have to be voted on again following changes made in the lower chamber.

Members of the right-wing Institutional Revolutionary Party (PRI) and conservative National Action Party (PAN) stand in opposition to legislation. Yet, the bill is also most certain to be made law, as the Morena party holds majorities in both chambers.

Since entering office in 2018, Obrador has implemented a strategy known as "Abrazos, no balazos" (Hugs, not bullets), which seeks to tackle poverty and social inequality as a means to decrease drug-related violence. Obrador has declared the end of Mexico's war on drugs, but cartel violence has soared in recent years.

The drug war began in December 2006 under newly elected right-wing president Felipe Calderon, who deployed around 20,000 troops across the country to fight the cartels. During Calderon's term from 2006 to 2012, dozens of cartel leaders were either captured or killed.

Calderon's successor, Enrique Pena Nieto, continued the drug war, shifting the government's focus from capturing cartel leaders to a more holistic approach of reducing violence.

The drug war has left an enormous human death toll, with more than 300,000 homicides since it began in 2006. The Mexican military has also been accused of human rights abuses in its fight against the cartels.

wd/aw (Reuters, AFP)

https://www.dw.com/en/mexico-congress-passes-marijuana-legalization-bill/a-56832907#:~:text=Mexico's%20lower%20house%20of%20Congress,the%20recreational%20use%20of%20marijuana.&text=The%20bill%20was%20passed%20with,older%20and%20with%20a%20permit.

Best Wishes