Marijuana

Legalization of drugs is the way to combat cartels, former Mexican president says

Key Points
  • Mexico's Senate is expected to vote in favor of a bill to legalize the recreational use of marijuana in the coming days, in a bid to choke off a black market dominated by violent gangs.
  • Since leaving office in late 2006, former President Vicente Fox has been a vocal advocate for the legalization of medicinal and recreational marijuana, and last year joined the board of Canadian cannabis company Khiron Life Sciences.

Legalizing drugs is the best way to combat cartels, according to Vicente Fox, the former president of Mexico.

Mexico's Senate is expected to vote in favor of a bill to legalize the recreational use of marijuana in the coming days, in a bid to choke off a black market dominated by violent gangs.

Several Mexican Senate committees tabled draft legislation on Thursday to make the commercial production and sale of marijuana legal, expanding on a Supreme Court decision last year which deemed the country's ban on personal cannabis consumption and cultivation unconstitutional. Current President Andrés Manuel López Obrador has also been critical of Mexico's protracted drug war and signaled openness to a new approach.

Cartel violence on the rise in Mexico
VIDEO1:2201:22
Cartel violence on the rise in Mexico

Since leaving office in late 2006, Fox has been a vocal advocate for the legalization of medicinal and recreational marijuana, and last year joined the board of Canadian cannabis company Khiron Life Sciences.

Speaking to CNBC in London last week, Fox pointed to Colombia, parts of the U.S. and Canada as examples where relaxing the government stance on personal recreational drug use had yielded promising results.

"Watching that example, we see that in a natural way, the old illegal underground activities start to disappear by themselves, because now they don't have a market. The market is taken by the new situation — the new products, the new corporations being provided," he said.

"If you go to Washington state, or Seattle, you see today that many of the old places that we used to look that were underground providing product to consumers, now they have formed part of the new industry that is legal. Now, instead of committing crimes by distributing drugs, now they do it as a businessman."

Fox added that for such transitions to work, it is important that the government does not go after distributors for past illegalities, and instead enable them to legitimize their operations instead of being forced to diversify into other criminal activities.

Gunfight between cartel and Mexico patrol over capture of El Chapo's son
VIDEO1:4101:41
Gunfight between cartel and Mexico patrol over capture of El Chapo's son

Where Mexican cartels relied heavily on illegal marijuana trade, other Latin American countries such as Colombia could benefit from the legalization and regulation of harder drugs, such as heroin, he suggested. Fox projected that within five years, harder drugs will begin to be legalized for medical and personal recreational use throughout Latin America.

Opponents of marijuana legalization argue that it serves as a gateway to more addictive drugs, would increase the number of car crashes relating to marijuana use and would encourage recreational use.

Fox suggested that as well as offering a way out for non-violent producers, consumers also stood to benefit from marijuana becoming part of a recognized legal and medical framework. He argued that legalization and providing information to doctors could enable them to play a role in offering guidance on moderating consumption, reducing any wider health risk from recreational use.

"Now they don't have to buy from the black market — they can go to a dispensary or a pharmacy and get the products they want, with the additional plus that now they have the assistance of a doctor, who is going to help them consume in moderation, with knowledge and avoiding affecting their own health. Every product in this world that moves from illegal to accepted changes the total picture," he said.

How psychedelic drugs might follow cannabis all the way to Wall Street
VIDEO2:2802:28
How psychedelic drugs might follow cannabis all the way to Wall Street