In 2006, the Mexican government declared war on the country's various drug cartels. Twelve years and 235,000 deaths later, it's nowhere near victory.

Today, almost everyone in Mexico knows the country needs a new approach. And they're quickly making it happen.

On October 31, Mexico's Supreme Court ruled that cannabis prohibition was unconstitutional. Its ruling is binding on all other Mexican courts.

In other words, cannabis prohibition is no longer enforceable in Mexico.

The Mexican Congress has until January 29, 2019 to rewrite the country's drug laws to comply with the ruling. These new laws will dictate how Mexico regulates its legal cannabis market.