Small-scale Mexican marijuana farmers say the loosening of marijuana laws across the U.S. has increased competition from growers north of the border and could put them out of business. The Mexicans used to get $100 per kilogram for their illegal crops, but that price has crashed to $30 per kilogram in the last four years, the Los Angeles Times reported Wednesday.
"I've always liked this business, producing marijuana," one 50-year-old farmer from the northwestern state of Sinaloa told the LA Times. This season’s crop will be his last, he said.
The price declines have prompted a notable decline in marijuana production in Mexico, along with a drop in illegal trafficking to the U.S., according to officials on both sides.
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