Corporate cannabis targets bleeding Mexico
There is a discomforting sense that Mexico is perpetually on the eve of cannabis legalization, as the country’s Congress wins a six-month extension from the Supreme Court to pass a law freeing the herb. But foreign capital is already eyeing Mexico’s emergent legal cannabis sector—even amid a terrifying escalation in the bloody cartel wars. When authorities attempted to arrest the son of “Chapo” Guzmán in Culiacán, the troops were surrounded by Cartel gunmen riding in trucks mounted with big machine-guns, and even what appeared to be improvised armored vehicles. The younger Guzmán escaped, and the Sinaloa Cartel proved it has the firepower to effectively challenge the state—at least on its home turf. (Photo via The Drive)