NAFTA's biggest loser: US, after Canada, Mexico get rich trading marijuana

If all of this sounds bad for American investors and patients, it's good news for Mexico and Canada

The president of the United States, Donald Trump, prides himself on his business acumen. But his protectionism may get America a truly bad deal when it comes to North America’s next big market: marijuana.

Fulfilling a campaign promise, on April 13 Canadian Prime Minister Justin Trudeau presented a bill to legalise cannabis for recreational uses (medical marijuana has been legal in the country since 2001).

Two weeks later, Mexico’s Congress followed suit, passing a bill to authorise cannabis use for medical and scientific purposes.

Two of three North American countries are