Legal weed in the United States is undercutting Mexican competition.

With either recreational or medical marijuana legal in more than half of U.S. states, drug cartels south of the border are beginning to find that growing, smuggling and distributing pot is a much less lucrative business.

What’s happening: NPR’s John Burnett reported from the ground in the northwestern Mexican state of Sinaloa, where drug-related crime is so intense that its coverage is now restricted. One farmer told him that business was not going so well:

“Two or three years ago, a kilogram [2.2 pounds] of marijuana was worth $60 to $90,” says Nabor, a 24-year-old pot grower … “But now they’re paying us $30 to $40 a kilo. It’s a big difference. If the U.S. continues to legalize pot, they’ll run us into the ground.”

If the price slumps to $20 a kilogram, Nabor speculates that the Mexican weed market will collapse. The culprit, Burnett says, is much better domestic weed proudly made in America:

U.S.-grown marijuana – some of it cultivated in high-tech greenhouses – is three or four times more expensive than Mexican marijuana. [High Times editor Dan Vinkovetsky] says prices for Mexican weed continue to slide because it’s so much weaker. He says American cannabis typically has 10% to 20% THC, the ingredient that makes a person high, whereas the THC content of so-called Mexican brick weed is typically 5% to 8%.

Click here to read the entire article on World.Mic.

Join the conversation! 3 Comments

  1. Let the free market do in 5 years what decades of failed anti drug policies could not.

  2. Good riddance.

  3. That’s natural for a prohibited substance price to roll back when legalized. As we know cartels, illegal substance means expensive and that’s how they make money.


Leave a Reply

Your email address will not be published. Required fields are marked *

About Canna Magazine

This is the "wpengine" admin user that our staff uses to gain access to your admin area to provide support and troubleshooting. It can only be accessed by a button in our secure log that auto generates a password and dumps that password after the staff member has logged in. We have taken extreme measures to ensure that our own user is not going to be misused to harm any of our clients sites.




, , ,