A Green Wave? Mexicoâs Marijuana Market May Be Middling
Lawmakers in Mexico are on the verge of legalizing marijuana, but economists and industry analysts warn against expecting much monetary benefit.
A marijuana plant at a protest in favor of legalizing cannabis in September.Credit.Carlos Jasso/Reuters
By Oscar Lopez
March 12, 2021
MEXICO CITY â Mexico, a country carved up by cartels for decades, is poised to take a major step in drug policy. This week, the lower house of Congress approved a landmark bill to legalize recreational marijuana, which would make it the worldâs largest legal market for the drug.
Minu, a Mexico City-based, pay-on-demand startup, lands a $14M Series A
Many of the startups raising capital in Mexico are focused on financial inclusion, aiming to level the playing field in a country that is largely unbanked and has a burgeoning middle class.
One such company, minu, a Mexico City-based, pay-on-demand startup, announced Wednesday that it has raised $14 million in a Series A round of funding led by FinTech Collective.
New investors VEF, XYZ Ventures and FJ Labs, as well as DocuSign founder Tom Gonser and Gusto CFO Mike Dinsdale also participated in the financing. Existing backers QED, Next Billion Ventures and Village Global also put more money in the company.
Mexico City s planned cultural complex in Chapultepec Park loses architect theartnewspaper.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theartnewspaper.com Daily Mail and Mail on Sunday newspapers.
MIAMI – Avni Yildirim is well aware of the boxing public’s perception of his fight against Canelo Alvarez. The Turkish contender is widely viewed as a gargantua.