November 1, 2012 at 6:27 AM
Study: Initiative 502 could help cut Mexican cartels’ pot profits
A new study by a respected Mexican think tank asserts that ballot measures to legalize recreational use of marijuana – in Colorado, Oregon and Initiative 502 in Washington — could cut Mexican drug cartels’ earnings from traffic to the U.S. by as much as 30 percent.
The study, according to The Associated Press, assumes legalization would allow growers to produce marijuana at lower cost and create an illicit supply for other states.
Here’s the full Associated Press story.
I-502, on the Nov. 6 ballot, would regulate and heavily tax marijuana, which would be sold at state-licensed stores.
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