Mexico’s ex-President Fox planning cannabis summit to push regulation

Former Mexican President Vicente Fox, who governed from 2000-2006, this month will meet with international cannabis business people at the Mexico Canna Summit to try and overcome the delay in regulating cannabis in Mexico, a move that could make the country the world’s third biggest cannabis market, according to what he told EFE on Tuesday in an interview.

“We’re missing the party for no reason. I think that it’s already essential to move forward because Mexico certainly can become one of the ten biggest markets in the world,” the ex-president of the opposition National Action Party (PAN) said.

Fox, who is also a businessman, warned that “Today, the industry is already mature in different places,”, particularly in the United States, Canada, Colombia, and Peru, and so businessmen from those and other countries will be attending the summit on Oct. 19-20 at the Fox Center, located in San Cristobal, near the city of Leon, in the central state of Guanajuato.

International companies, he added, “are searching for distributors, for strategic associations, for alliances, and so it’s a very good way to do business by participating in this event.”

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