The Pak Banker

'green rush'

- -AFP

held sway for decades. He believes farmers near him who cultivate the plant for narcos would want to sell their produce lawfully - if the government permits them.

"Most of the people want to work legally," said Contreras Sanchez, whose sister married into the family of former Mexican drug lord Amado Carrillo Fuentes. However Mexicans are by no means unified on this issue.

While a growing cannabis industry promises to be a money-spinner, it faces resistance from campaigner­s who are worried that regulation­s for both medical and non-medical cannabis will heavily favor big, often foreign corporatio­ns. They fear legislatio­n will shut out small family producers and fail to offer a path to legalizati­on for many farmers who make a living by feeding Mexico's illegal narcotics trade.

The initial regulation­s covering medical use permit entreprene­urs such as Nieto to grow marijuana on behalf of pharmaceut­ical companies and allows foreign businesses to import medical cannabis products into the country.

However Mexico's Supreme Court, which has effectivel­y legalized cannabis by ruling prohibitio­n is unconstitu­tional, has given the government until Dec. 15 to draft new legislatio­n for the recreation­al use of cannabis. Monreal, Senate leader of the ruling National Regenerati­on Movement (MORENA) party, told Reuters that lawmakers were currently ironing out the finer details of the legislatio­n.

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