Bullboard - Stock Discussion Forum Village Farms International Inc VFF

Consumer Defensive Farm Products

Village Farms International, Inc. is a vertically integrated supplier for plant-based consumer packaged goods in the cannabis and cannabidiol (CBD) categories in North America, the Netherlands and selected markets internationally. The Company’s segments include Produce, Cannabis-Canada, Cannabis-United States and Energy. The Produce segment produces, markets, and sells tomatoes, bell peppers... see more

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Village Farms International Inc > Mexico Legalizes!!

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Post by blackredblack on Mar 11, 2021 8:25am

Mexico Legalizes!!

Pot stocks rise in premarket after Mexico passes bill to legalize recreational use

Mexico's lower house has voted 316 votes to 129 in favor of a bill that would legalize the recreational use of cannabis.
President Andrs Manuel Lpez Obrador's party is confident that the bill will next pass the final vote at the Senate which could make Mexico the third country in the world, after Uruguay and Canada, to permit recreational use of cannabis nationwide.
The law will allow users with a permit to carry up to 28g and grow as many as eight plants at home for personal use. Currently, it is illegal to carry more than five grams.
According to Reuters, it would also grant other licenses allowing cultivation, transformation, research, and export or import of cannabis.