skip to Main Content
The Sinaloa Cartel is losing its marijuana business, and El Chapo’s sons are going after the ‘premium weed’ market to make up for it

Culiacán, SINALOA — The Sinaloa Cartel wants to take back a business that had long belonged to it but has been lost to producers in US over the past decade.

As more and more US states legalize marijuana for recreational use, Mexico’s biggest drug cartel is trying to corner the legal weed market in Mexico, even if the drug itself is not yet legal in Mexico.

In late 2015 when several US states began legalizing weed for medical and recreational use, the Sinaloa Cartel — known for building a criminal empire on smuggling weed into the US — began to feel the financial impact.

In 2012, prior to the legalization of marijuana for recreational use in Colorado and Washington state, the Mexican Institute of Competitiveness calculated that the cartel stood to lose nearly $2.8 billion if the drug was legalized in those states.

In the years since, “Mexican marijuana has largely been supplanted by domestic-produced marijuana” in US markets, according to the DEA’s 2020 National Drug Threat Assessment.

In 2013, US authorities seized roughly 1.3 million kilograms of weed at the border with Mexico, according to the DEA report. By 2019, however, pot seizures at the border had fallen to nearly 249,000 kilograms. [Read More @ Insider]

 

This Post Has 0 Comments

Leave a Reply

Your email address will not be published.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

Recent Stories

Oregon Cannabis: State of the State (2024)

By Vince Sliwoski, Managing Partner Harris Sliwoski Welcome the ninth annual “State of the State” post on Oregon cannabis. I feel like an old man. As compared to 2023, things this…

Cannabis Potency Testing Needs to Be Done the Right Way for Consumer Protection

By Harold C. Smith is founder and CEO of Cannametrix, LLC An increasing number of people are drawn to explore cannabis as an alternative to traditional medicines. There may be…

Bat Feces Used to Fertilize Cannabis Is Linked to 2 Deaths

Two men in Rochester, N.Y., died after being infected with a rare fungus found in bat feces, which is sometimes used as fertilizer, researchers wrote in a medical journal. The…

California Lawmaker Questioned in Sprawling Cannabis Corruption Investigation

Documents made public by the U.S. attorney’s office last week allege that a public official who fits the profile of state Sen. Susan Rubio was part of sprawling cannabis bribery…

More Categories

Back To Top
×Close search
Search