Marketplace®

Daily business news and economic stories

Feds and Mexican drug cartels find common ground on legalized marijuana

You know who doesn't like legalized weed? The drug cartels. And the federal government.

Fast Eddy Aki'a of Hawaii smokes a joint as thousands gathered to celebrate the state's medicinal marijuana laws and collectively light up at 4:20 p.m. in Civic Center Park April 20, 2012 in Denver, Colorado.
Fast Eddy Aki'a of Hawaii smokes a joint as thousands gathered to celebrate the state's medicinal marijuana laws and collectively light up at 4:20 p.m. in Civic Center Park April 20, 2012 in Denver, Colorado.
Marc Piscotty/Getty Images

Starting next year, residents of Colorado and Washington State will be able to buy marijuana legally without a prescription. The economic implications of that are big, and not everyone is happy about it — including the Mexican drug cartels, which make as much as half of their money from selling marijuana in the U.S.

“We’re talking about a potential $200 billion market,” says Enrique Acevedo, who has been covering this story for Univision.

The fact that marijuana is still considered a Schedule I controlled substance by federal law, Acevedo says, oddly aligns the interests of the cartels with those of the federal government. “For different reasons, they’re on the same side of the argument,” he says.

Related Topics

Latest Episodes

View All Shows
  • Marketplace Morning Report
    3 hours ago
    6:52
  • Marketplace Tech
    8 hours ago
    6:54
  • Make Me Smart
    3 days ago
    25:50
  • Marketplace
    3 days ago
    26:21
  • How We Survive
    3 days ago
    25:04
  • This Is Uncomfortable
    3 days ago
    26:12
  • Million Bazillion
    4 days ago
    7:35
  • Financially Inclined
    3 months ago
    12:30
  • The Uncertain Hour
    4 months ago
    22:50
  • Corner Office from Marketplace
    5 years ago
    20:58