Cocaine Production Rises to Record Levels With U.S. Prices Falling
Photographer: Nicolo Filippo Rosso/Bloomberg
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Cocaine production globally reached a record in 2017 and that translated to declining prices in the U.S., according to the latest World Drug Report from the United Nations Office on Drugs and Crime.
Cocaine production rose to 1,976 tons in 2017, a 25% increase from the previous year, and just about doubling from 2014 levels.