Hemprésarios; the event that teaches you how to invest in the cannabis industry
This article was translated from our Spanish edition. Opinions expressed by Contractor the contributors are theirs.
There is no doubt that marijuana has always had a negative stigma in Mexican society. However, it seems that it is becoming more and more progressive and comprehensive when it comes to cannabis. Everything indicates that in the near future, marijuana will be legalized in its entirety.
It is for this reason that this is a great opportunity to start getting involved in the industry now so that you can prepare for future demand.
Cannabis; one of the most lucrative industries in the world
The cannabis industry has several aspects that position it as one of the industries with the highest growth and lowest risk rate. The company Grand View Search points out that the size of the global legal cannabis market was $ 12.8 billion in 2020 and that it will experience a compound annual growth rate of 26.3% from 2021 to 2028.
Its exponential growth can be attributed to changes in legislation in different countries where medicinal and recreational consumption has been legalized and regulated.
Legal status of marijuana in Mexico
Marijuana has always found itself in a legal vacuum on the national territory. However, a giant leap has recently been taken that appears to be heading towards full legalization of cannabis in Mexico.
We are talking about the fact that the Nation’s Supreme Court of Justice (SCJN) issued a landmark judgment on marijuana use on Monday, June 28, 2021, declaring that the ban that until now was established in the General Law on Marijuana health . Where is this taking us? This means that major Mexicans can consume, sow, cultivate, harvest, prepare, possess, and transport cannabis and tetrahydrocannabinol (THC), the plant’s main psychoactive component, all for recreational purposes.
However, this does not mean that the cannabis market is entirely legal, nor that consumers should not respect the limitations and penalties in the event of non-compliance. We must emphasize that, despite the above, it is in no way permitted to import, market or supply marijuana. In addition, articles of the General Health Law, and not of the Federal Criminal Code, have been canceled, so that cannabis use has not yet been decriminalized .
Finally, the Federal Commission for the Protection against Health Risks (COFEPRIS) will be responsible for drafting and issuing the directives that must be followed by anyone wishing to practice self-cultivation for their personal consumption.
However, experts like Paco OG, organizer and founder of Hempresarios predict that legalization will be completed before the end of 2023.
Benefits of decriminalization
There are three main benefits that would flow from this legal process. The main thing is that, thanks to the regulation and quality control of cannabis products, the consumer can buy products safely and with higher quality standards.
Then, through the entry of businessmen into the cannabis trade, criminal groups dedicated to illegal drug trafficking would lose power by taking away their monopoly on this trade.
Finally, the federal government can generate taxes that result from the marketing of marijuana. These revenues can be used for social causes and projects for the benefit of the Mexican population.
What is Hempresarios?
Hempresarios is an event that will take place in September 29 and 30 of This year. This aims to provide information to his assistants on how to start investing in the cannabis industry internationally and nationally, legally and safely.
Hempresario connects companies linked to the industry and investors, they do not seek to promote the use of the plant but rather to generate business , as well as providing information that serves to demystify false concepts, broaden people’s vision and promote the union as an industry to prepare for the demand.
Which panelists will be present?
The event will feature the participation of several guests involved in the cannabis trade. As of September 29, there are:
- Felipe Bravo, cannabis activist, CEO and founder of MexiCanna Consultoría Cannabica
- Brenda Hernánez, founder of Chicks vs Stigma, a platform dedicated to cannabis education.
- Janeluy López, Marketing and Advertising graduate, consultant and entrepreneur with experience in cannabis.
- Mariana Sevilla, founder of México Regula and member of the Regulacion por La Paz coalition.
- Jiangsu Wonpec, President of the Latin American Cannabis Alliance
- Khata, a cannabis activist in Baja California and one of the main voices of the musical group Somos Uno.
- Abatzi Lion, pioneer of the Reggae and Sound System movement in Baja California.
For September 30, there will be conferences chaired by:
- Raúl Elizalde, Mexican lawyer and businessman from Monterrey, Nuevo León. First Mexican executive to lead HempMeds globally.
- Mirna Flores, Dr. Honoris causa for her outstanding work in training physicians and health specialists in the field of cannabis medicine in Mexico and abroad.
- Javier Hasse, co-founder and CEO of El Planteo. Writer specializing in cannabis, hemp, CBD and psychedelics.
- Mariana Larrea, lawyer in health and sanitary regulations at the firm Santamarina + Steta.
- Rubén Pagaza, Dr Honoris Causa. Director and founder of the Diploma in Cannabis Medicine AMEDCANN.
- Ana Erika Santana, Business Lawyer, Compliance Specialist and Managing Director of CONIDEBID.
- David Suarez, Doctor graduated from UNAM with a Medical Specialty in Acupuncture and Phytotherapy, Member of the American Conference for the Advancement of Medicine.
Now that I know what it is, how can I attend?
- Hempresarios will be held on September 29 and 30 at the Shakespeare Forum, CDMX.
- The prices depend on the format in which you wish to attend, they have the Streaming option at 100 pesos, GENERAL face-to-face access at 420 and VIP face-to-face access at 710.
- To purchase tickets for this event, you can do so at www.boletopolis.com , whether for face-to-face or virtual access.