June 17, 2012
How a Mexican Drug Cartel Makes Its Billions
Patrick Radden Keefe, New York Times
The Sinaloa cartel can buy a kilo of cocaine in the highlands of Colombia or Peru for around $2,000, then watch it accrue value as it makes its way to market. In Mexico, that kilo fetches more than $10,000. Jump the border to the United States, and it could sell wholesale for $30,000. Break it down into grams to distribute retail, and that same kilo sells for upward of $100,000 - more than its weight in gold. And that's just cocaine. Alone among the Mexican cartels, Sinaloa is both diversified and vertically integrated, producing and exporting marijuana, heroin and methamphetamine as well.
TAGGED: Sinaloa cartel, Joaquin Guzman, Joaquin Guzman Loera, Cocaine, Drug War, Mexico