US Marijuana Reform Is Hurting Mexican Drug Cartels


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There are several reasons that voters in the US have begun to legalize marijuana across the nation. Increased tax revenue, medical benefits and the introduction of new jobs have all played a role in the spreading support for legal marijuana. However some argue that the most important impact of marijuana reform has been a reduction in cross-border drug smuggling

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by Mexico's drug cartels. Americans Prefer HomegrownWith weed legal in several states, the options for pot smokers are quickly growing. Most dispensaries offer different strains and label their products to display potency. The quality of the product far outweighs most of what comes across the border from Mexico, making it preferable to American consumers. Funding LowerBecause Americans are becoming less and less interested in illegal marijuana, less cash is making its way into the hands of Mexican drug cartels. Drug lords have less money to illegally purchase weapons and bribe police, which in turn has seen the number of homicides in Mexico fall dramatically from around 23,000 in 2011 to 15,649 in 2014. While officials admit that less marijuana cash could have helped reduce violence, the arrest or killing of several prominent cartel leaders over the past few years has also contributed to the lower number of homicides. Other AvenuesAlthough US border agents have seen a marked decline in marijuana smuggling, Mexican cartels are involved in several other crimes that have continued to thrive. Smuggling other hard drugs like heroin and crystal meth have seen no impact from marijuana legalization; in fact US Homeland Security data shows that the amount of meth crossing the border has actually risen as marijuana declined.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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