Will Canopy Growth Be Able To Capitalize On Mexico Once Cannabis Is Legalized?
Editorial Mar 8, 2021 • 2:08 PM EST 2 MIN READ • By Michael Berger Share
According to former Mexican President Vicente Fox, legal recreational cannabis could be legal in Mexico by next week.
Mexico has a great climate for cultivating cannabis and it could be one of the world’s largest cannabis markets. During the last year, we have seen an influx in the number of companies that are focused on the Mexican cannabis market and this is a trend that our readers should be aware of.
Canopy Growth Corporation (WEED.TO) (CGC) is the largest global cannabis company and has the most market share in Canada. The company is backed by Constellation Brands (STZ) which owns the Corona beer brand. Constellation has invested more than $4 billion into Canopy Growth and we are favorable on the infrastructure that Constellatio