Traffic Roots Pixel
 

Southern Cone

New Frontier Data analyzes Latin America cannabis market

Posted on February 14th, 2019 by Bill Weinberg and tagged , , , , , , , , , , , , .

leafLatin America is at the forefront of the global wave of cannabis law reform, according to a new report from a DC-based industry analyst. New Frontier Data sees a $9.8 billion market in the region, with big expansion potential for both exports and serving local consumption. 

Multi-billion dollar legal cannabis industry foreseen for Latin America

Posted on October 9th, 2018 by Bill Weinberg and tagged , , , , , , , , , , , , , , , , .

leafOver the past two years, the Latin American cannabis industry has "emerged from the shadows" to command the attention of international firms and investors. Legal cannabis sales within the region are on track to reach $125 million in 2018—but that figure is expected to rise to $12.7 billion by 2028.

The next likely countries to legalize cannabis

earthWith Canada now joining Uruguay as the second country to legalize cannabis at the national level, industry eyes are scanning the world map for which could be the likely third. Latin America may provide the candidate, as even UN experts now urge the region's governments to consider legalization as a way out of the endemic narco-violence. But pressure for legal cannabis is fast mounting in several European countries as well. Legalization may soon be on the legislative agenda in Australia, while New Zealand has promised to put the questions before the voters. 

USA Patriot Act threatens Uruguay cannabis legalization

Posted on June 14th, 2018 by Global Ganja Report and tagged , , , , .

UruguayA year after legal cannabis first went on sale in Uruguay, it is still only available at a small handful of pharmacies. One particularly ironic obstacle has emerged: Uruguay's banks face US sanctions under the Patriot Act if they do any business with the country's legal cannabis industry. So a measure passed by the US Congress to crack down on criminal and terrorist networks that use drug profits is actually helping to keep cannabis under the control of criminal networks.

Brazil: deadly deja vu in New Years Day prison riot

Posted on January 2nd, 2018 by Global Ganja Report and tagged , , , .

BrazilFor the second year in a row, Brazil has witnessed a deadly prison riot on the first day of the year. A death toll of nine is reported from the central state of Goias. One inmate was decapitated. The violence began New Year's Day afternoon at the rural penitentiary in the outskirts of the state capital, Goiania. Rival criminal factions clashed, broke the barriers of the compound and escaped, by the BBC News account.

Mexico's 'New Generation' kingpin busted in Brazil

Posted on December 29th, 2017 by Global Ganja Report and tagged , , , , .

MexicoBrazilian federal police on Dec. 28 announced the arrest of José González Valencia, one of the top leaders of the Jalisco New Generation Cartel (CJNG)—the criminal machine that in recent years has risen to challenge the Sinaloa Cartel for control of Mexico's narco trade. Valencia, known as "Chepa" or "El Camarón" (The Shrimp), was arrested at Aquiraz, a resort near the coastal city of Fortaleza, where was spending the Christmas holidays with his family. Authorities said Valencia had been living in Bolivia for two years after fleeing Mexico, and had entered Brazil as a tourist on a Bolivian passport.

Brazil's top fugitive drug lord gets popped

Posted on December 10th, 2017 by Global Ganja Report and tagged , , .

BrazilBack in September, Brazilian army troops were deployed to quell fighting between rival drug gangs in Rocinha, the most notoriously violent of Rio de Janiero's favelas—the informal urban settlements in the north of the city, virtually abandoned by the government for anything other than militarized anti-drug operations. On Dec.

Brazil deploys army to conflicted Rio favela

Posted on September 24th, 2017 by Global Ganja Report and tagged , , .

BrazilBrazil's ongoing favela wars have taken a dramatic turn for the bloody—prompting the government to send military troops into Rio de Janiero's notorious Rocinha. This is the most violent of the city's sprawling favelas—informal urban settlements virtually abandoned by the government for anything other than militarized anti-drug operations. The army on Sept. 22 deployed nearly 1,000 troops in Rocinha, responding to a request from the Rio state government, Defense Minister Raul Jungmann told local TV.

Who's new

  • Baba Israel
  • Karr Young
  • John Veit
  • YosephLeib
  • Peter Gorman