Mexico’s Landmark Cannabis Bill One Step Closer To Becoming Law

MEXICO CITY (Reuters) – Two special committees of Mexico’s Lower House of Congress late on Monday approved a draft bill to decriminalize marijuana and sent it on to the full chamber, bringing it a step closer to creating one of the world’s largest markets for the drug.

The bill, backed by the administration of President Andres Manuel Lopez Obrador, would mark a major shift in a country bedeviled for years by violence between feuding drug cartels.

The health and justice committees approved the bill, which easily passed the Senate in a vote in November and would create a huge new legal market for marijuana that companies are eager to tap.

The full chamber of the Lower House was scheduled to discuss the bill on Tuesday, two congressional sources told Reuters.

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