Legal pot in the U.S. may be undercutting Mexican marijuana

"If the U.S. continues to legalize pot, they'll run us into the ground"
NPR (US)
Monday, December 1, 2014

Made-in-America marijuana is on a roll. More than half the states have now voted to permit pot for recreational or medical use, most recently Oregon and Alaska. As a result, Americans appear to be buying more domestic marijuana, which in turn is undercutting growers and cartels in Mexico. "Two or three years ago, a kilogram of marijuana was worth $60 to $90," says Nabor, a 24-year-old pot grower in the northwestern Mexican state of Sinaloa. "But now they're paying us $30 to $40 a kilo. It's a big difference." (See also: DEA: Cartels now smuggle U.S. pot into Mexico)