One of HighBridge’s most valued strategic partners, as well as a member of the HighBridge Advisory Board, is Francisco M.C. Rangel. Francisco is a logistics expert and owns and operates one of Mexico’s largest beer and beverage distribution companies. Politically astute, we have had numerous discussions about the future of Cannabis in Mexico. At HighBridge, we firmly believe that there is a global market for recreational Cannabis, with Mexico at the fore. Rangel shares this belief. With Rangel, HighBridge has begun discussions for a Mexico Licensing / Distribution Agreement or Joint Venture. The overall acceptance of legal cannabis in Mexico is changing rapidly. And, although it is somewhat behind the U.S. in timing, legalization is now on the horizon. The following article, from the CCMA* Newsletter
September 4, 2019, addresses some general questions and takes a look at some of the challenges confronting legal cannabis in Mexico.
HighBridge looks forward to being a leader in cultivating the legal cannabis market in Mexico!