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
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)
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