Methamphetamine Trafficking Statistics in US 2026 | Key Facts

Methamphetamine Trafficking in the US 2026

The landscape of methamphetamine trafficking in the United States has undergone dramatic transformation over the past two decades, establishing itself as the predominant drug concern in federal criminal cases. Recent data from the United States Sentencing Commission reveals that methamphetamine trafficking now accounts for nearly half of all federal drug trafficking prosecutions, representing a staggering 168 percent increase since fiscal year 2004. This surge reflects not only increased enforcement efforts but also the expanding reach of Mexican transnational criminal organizations that have established sophisticated production and distribution networks stretching across every corner of the nation.

What makes the current methamphetamine crisis in 2026 particularly alarming is the unprecedented purity levels of the drug flooding American communities. Unlike previous decades when methamphetamine purity varied widely depending on geographic location and production methods, today’s methamphetamine maintains remarkably consistent high-purity levels averaging over 95 percent across all forms. This uniformly potent product, combined with decreased street prices and increased availability, has created a perfect storm that threatens public health while challenging law enforcement agencies at every level. The shift from domestic small-scale production to industrial-level manufacturing operations in Mexico has fundamentally altered the dynamics of methamphetamine trafficking in the US 2026, requiring new strategies and approaches from both criminal justice and public health systems.

Key Methamphetamine Trafficking Facts in the US 2026

Data source: United States Sentencing Commission FY 2024 Quick Facts; DEA Annual Methamphetamine Report CY 2023

The statistics presented in this comprehensive table paint a sobering picture of methamphetamine trafficking in the United States in 2026. The fact that 45.8 percent of all federal drug trafficking cases now involve methamphetamine underscores its position as the primary drug threat facing the nation. This represents a significant 10.0 percent increase since fiscal year 2020, demonstrating that despite extensive law enforcement efforts, the problem continues to escalate. The demographic profile reveals that 80.9 percent of those sentenced for methamphetamine trafficking are men, with an average age of 39 years, suggesting that the typical trafficker is an experienced adult male rather than a young experimental user.

The severity with which the federal justice system treats methamphetamine trafficking offenses is evident in the punishment data. With an average sentence of 100 months (over eight years) and 97.6 percent of convicted traffickers receiving prison time, these cases result in some of the longest sentences among all drug trafficking offenses. The fact that 61.2 percent of cases carry mandatory minimum penalties reflects legislative recognition of methamphetamine’s severe impact on communities. Perhaps most concerning is the purity data, which shows that methamphetamine in the US has reached unprecedented potency levels, with an average purity of 95.5 percent and a median of 98.0 percent, with 86 percent of all samples exceeding 95 percent purity. This uniformly high purity represents a fundamental shift from historical patterns and indicates the industrial-scale production capabilities of modern trafficking organizations.

Demographic Characteristics of Methamphetamine Traffickers in the US 2026

Data source: United States Sentencing Commission FY 2024 Methamphetamine Trafficking Quick Facts

The demographic breakdown of methamphetamine traffickers in the US 2026 reveals important patterns about who is being prosecuted in federal courts for these offenses. The gender disparity is striking, with 80.9 percent being male and only 19.1 percent female, though this represents a higher proportion of women compared to many other drug trafficking categories. The racial and ethnic composition shows significant diversity, with 38.4 percent of traffickers being Hispanic, 34.4 percent White, 22.6 percent Black, and 4.6 percent belonging to other racial categories. This distribution reflects both the border-region concentration of methamphetamine trafficking cases and the drug’s expansion into communities across all demographic groups.

Notably, 84.8 percent of those sentenced for methamphetamine trafficking are United States citizens, which contradicts common misconceptions that federal drug trafficking is primarily a non-citizen offense. The average age of 39 years indicates that most traffickers are mature adults rather than young people, suggesting established involvement in criminal networks. The criminal history data shows that 36.7 percent had little or no prior criminal history (Criminal History Category I), indicating that a substantial portion of federal methamphetamine cases involve individuals without extensive criminal backgrounds. However, 6.8 percent were sentenced as career offenders under guideline §4B1.1, representing a group of repeat serious offenders who receive enhanced penalties under federal sentencing guidelines.

Offense Characteristics in Methamphetamine Trafficking Cases in the US 2026

Data source: United States Sentencing Commission FY 2024 and FY 2022 Research Reports

The offense characteristics data provides crucial insight into the nature of methamphetamine trafficking cases in the US 2026. The median base offense level of 34 corresponds to between 5 and 15 kilograms of methamphetamine mixture or 500 grams to 1.5 kilograms of actual methamphetamine or Ice, indicating that the typical federal case involves substantial quantities that far exceed personal use amounts. The fact that 32.4 percent of cases involve weapon possession highlights the dangerous nature of methamphetamine trafficking operations and the violence often associated with this trade. Meanwhile, 5.9 percent of cases include enhancements for playing a leadership or supervisory role in the offense, identifying those who occupy higher positions in trafficking organizations.

Sentencing adjustments reveal important patterns about the roles defendants play in methamphetamine trafficking operations. Nearly one in five cases (19.2 percent) receive sentence reductions for minor or minimal participation, while 32.8 percent of defendants meet the safety valve criteria, which allows certain non-violent, first-time offenders to receive sentences below mandatory minimums. Notably, 23.5 percent of methamphetamine trafficking defendants receive some form of mitigating role adjustment, which is significantly higher than the 17.0 percent rate for other drug trafficking offenses. This suggests that federal methamphetamine prosecutions often capture lower-level participants in large-scale operations. The laboratory testing data is particularly important because federal sentencing guidelines treat different forms of methamphetamine differently based on purity, yet testing occurs in only 75.6 percent of cases, with significant geographic variation (86.4 percent in border districts versus 71.2 percent in non-border districts).

Geographic Distribution of Methamphetamine Trafficking Cases in the US 2026

Data source: United States Sentencing Commission FY 2024 Quick Facts on Methamphetamine Trafficking

The geographic concentration of methamphetamine trafficking prosecutions in the US 2026 reveals the critical importance of the southwestern border region. The Southern District of California leads the nation with 679 cases in fiscal year 2024, reflecting both California’s position as a primary entry point for Mexican-produced methamphetamine and the aggressive enforcement efforts in this jurisdiction. Texas dominates the top five districts with four separate federal districts making the list, collectively accounting for 1,245 cases. The Western District of Texas recorded 350 cases, the Northern District of Texas had 342 cases, the Southern District of Texas prosecuted 298 cases, and the Eastern District of Texas handled 255 cases.

Together, these top five districts accounted for 1,924 cases, representing approximately 23.2 percent of all federal methamphetamine trafficking prosecutions in fiscal year 2024. This concentration in border and border-adjacent regions reflects the reality that the vast majority of methamphetamine entering the United States is produced in Mexico and smuggled across the southwestern border. However, the presence of the Eastern District of Texas in the top five, which is not a border district, demonstrates that methamphetamine trafficking networks extend well beyond border regions. These cases typically involve distribution of methamphetamine that has already entered the country, highlighting the extensive transportation and distribution networks that move drugs from border areas to markets throughout the nation.

Sentencing Outcomes for Methamphetamine Trafficking in the US 2026

Data source: United States Sentencing Commission FY 2024 Quick Facts on Methamphetamine Trafficking

The sentencing outcomes for methamphetamine trafficking in the US 2026 demonstrate that only 25.8 percent of sentences fall within the calculated guideline range, while 59.2 percent receive sentences below the guidelines and 40.8 percent are variances from the guidelines. The single largest category is downward variances at 40.2 percent, where judges exercise their discretion to impose sentences below the guideline range for reasons not specifically authorized by the guidelines. These downward variances result in an average sentence reduction of 35.2 percent, representing substantial judicial mitigation of guideline sentences.

Government-sponsored departures remain significant factors in methamphetamine trafficking sentencing. Substantial assistance departures, where prosecutors request reduced sentences because defendants provided valuable cooperation, occur in 22.2 percent of cases and produce an average sentence reduction of 48.7 percent. Early Disposition Program departures, which reward defendants for quickly resolving cases, appear in 6.5 percent of cases and yield even larger average reductions of 64.2 percent. Other downward departures account for 4.5 percent of cases with average reductions of 47.2 percent. On the upward side, departures and variances are rare, with upward departures occurring in only 0.1 percent of cases and upward variances in 0.6 percent. The fact that 45.3 percent of defendants subject to mandatory minimum penalties were relieved of those penalties demonstrates the significant impact of cooperation and other mitigation factors. The average guideline minimum of 140 months versus the average imposed sentence of 100 months illustrates that actual sentences typically run about 40 months shorter than guidelines would suggest.

Methamphetamine Purity and Forms in the US 2026

Data source: United States Sentencing Commission FY 2022 Research Report; DEA Special Testing and Research Laboratory CY 2023 and 2025

The purity data for methamphetamine in the US 2026 reveals a fundamental shift in the drug market that has profound implications for both public health and criminal sentencing. Overall, methamphetamine tested in recent years averaged 93.2 percent purity with a median of 98.0 percent, representing the highest purity levels ever recorded for this drug in the United States. Even methamphetamine sentenced as “mixture,” which historically contained significant amounts of cutting agents and impurities, now averages 91.0 percent purity. Methamphetamine actual averages 92.6 percent purity, while Ice, the crystalline form, averages 97.6 percent purity. By 2025, the average purity had increased further to 95.5 percent according to DEA data, with 86 percent of all samples exceeding 95 percent purity in calendar year 2023.

This uniformly high purity across all forms of methamphetamine represents a stark contrast to historical patterns. In 2000, the Drug Enforcement Administration reported that methamphetamine purity ranged from 10 percent to 80 percent depending on location, with significant variation based on production methods and distribution networks. The current near-universal high purity is attributed to industrial-scale production in Mexican laboratories using sophisticated techniques and precursor chemicals sourced internationally. The sentencing implications are significant: individuals sentenced for trafficking methamphetamine mixture receive average sentences of 83 months, while those sentenced for methamphetamine actual receive 93 months, and those convicted of trafficking Ice receive 103 months. However, given that all three forms now test at similarly high purity levels, this 20-month sentencing differential between mixture and Ice is increasingly difficult to justify based on actual product characteristics.

Mandatory Minimum Penalties in Methamphetamine Trafficking Cases in the US 2026

Data source: United States Sentencing Commission FY 2024 Quick Facts and FY 2022 Research Report

The application of mandatory minimum penalties in methamphetamine trafficking cases in the US 2026 occurs at higher rates than for drug trafficking generally. In fiscal year 2024, 61.2 percent of methamphetamine trafficking cases involved offenses carrying mandatory minimum penalties, compared to 54.6 percent of all drug trafficking cases. This elevated rate reflects the quantities typically involved in federal methamphetamine prosecutions and the statutory framework that imposes mandatory minimums based on drug weight. Federal law establishes a five-year mandatory minimum for offenses involving 5 grams or more of actual methamphetamine or 50 grams or more of methamphetamine mixture, and a ten-year mandatory minimum for 50 grams or more of actual methamphetamine or 500 grams or more of mixture.

Despite the high percentage of cases carrying mandatory minimums, a substantial proportion of defendants receive relief from these penalties. In fiscal year 2024, 45.3 percent of methamphetamine defendants subject to mandatory minimums were relieved of those penalties, compared to 49.6 percent of all drug defendants. Relief mechanisms include the safety valve provision (18 U.S.C. § 3553(f)), which allows certain non-violent, first-time offenders to be sentenced below mandatory minimums; substantial assistance departures under 18 U.S.C. § 3553(e), where prosecutors request reduced sentences for cooperation; and government motions for departure under USSG §5K1.1. The slightly lower relief rate for methamphetamine compared to other drugs may reflect either the quantities involved, the criminal histories of defendants, or prosecutorial charging decisions. Earlier data from fiscal year 2022 showed even higher rates, with 74.2 percent of methamphetamine cases carrying mandatory minimums and 54.7 percent receiving relief.

Recent Methamphetamine Seizures and Enforcement Actions in the US 2026

Data source: DEA Press Releases and Regional Reports, January-February 2026

The methamphetamine seizure data for 2025 and early 2026 demonstrates the massive scale of trafficking operations and the intensive law enforcement response. The DEA Detroit Field Division, covering Michigan, Ohio, and northern Kentucky, seized 1,054 kilograms of methamphetamine during calendar year 2025, along with making 950 arrests related to drug trafficking. The Rocky Mountain Field Division, encompassing Wyoming, Colorado, Utah, and Montana, confiscated nearly 3,100 pounds (approximately 1,406 kilograms) of methamphetamine in 2025. Nationwide, the DEA announced that between January 20 and mid-July 2025, agents seized approximately 65,000 pounds (approximately 29,484 kilograms) of methamphetamine, representing a significant enforcement effort.

Individual seizures in 2025 highlight both the quantity of methamphetamine moving through the US and the sophistication of trafficking operations. Colorado experienced its largest methamphetamine bust in state history in April 2025, with over 700 pounds discovered in a single operation. In Kern County, California, DEA agents shut down a major methamphetamine conversion laboratory, seizing over 240 pounds of crystal methamphetamine and 151 gallons of liquid methamphetamine, along with arresting five traffickers. Texas, given its extensive border with Mexico, saw numerous large seizures, including 1,700+ pounds found hidden in a vehicle in Galveston (worth over $15 million), 783 pounds discovered in a refrigerated truck carrying blueberries in Austin, and 115 pounds in El Paso from a vehicle equipped with a GPS tracker. These seizures represent only a fraction of the total methamphetamine that successfully enters and circulates within the United States, underscoring the magnitude of the methamphetamine trafficking problem.

Methamphetamine Production and Supply Trends in the US 2026

Data source: DEA 2025 National Drug Threat Assessment; DEA CY 2023 Annual Methamphetamine Report

The production and supply characteristics of methamphetamine in the US 2026 reflect a complete transformation from the domestic small-scale production that characterized the methamphetamine problem of the 1990s and early 2000s. According to the DEA’s 2025 National Drug Threat Assessment, methamphetamine seized and tested has reached the highest purity and potency ever recorded, with average purity levels reaching nearly 97 percent in 2025. The overwhelming majority of methamphetamine in the United States is now produced in Mexico by two dominant transnational criminal organizations: the Sinaloa Cartel and the Jalisco New Generation Cartel (CJNG). These organizations operate extensive networks to procure precursor chemicals, primarily from China and India, and manufacture methamphetamine in industrial-scale clandestine laboratories.

The production method has evolved significantly, with most methamphetamine now manufactured via reductive amination using phenyl-2-propanone (P2P) as the precursor, rather than the pseudoephedrine-based methods that characterized earlier domestic production. This shift was driven by the Combat Methamphetamine Epidemic Act of 2006, which restricted over-the-counter sales of pseudoephedrine-containing cold medications, effectively eliminating most domestic small-scale methamphetamine laboratories. The average seizure size of 26.5 kilograms in 2023 reflects the wholesale nature of modern methamphetamine trafficking, far exceeding the quantities associated with domestic production. The Sinaloa Cartel has leveraged the ample supply, low cost, and high potency of methamphetamine to expand beyond traditional markets in the western United States into new markets in the eastern United States, setting the stage for increased methamphetamine-related harms in regions previously less affected by this drug.

Historical Trends in Methamphetamine Trafficking Sentencing in the US 2020-2026

Data source: United States Sentencing Commission Quick Facts FY 2020-2024

The historical trends in methamphetamine trafficking sentencing from 2020 to 2026 reveal important patterns in how federal courts handle these cases. Both the average guideline minimum and the average sentence imposed have increased over this five-year period, though with some year-to-year fluctuation. The average guideline minimum rose from 132 months in fiscal year 2020 to 140 months in fiscal year 2024, representing a 6.1 percent increase. Similarly, the average sentence imposed increased from 95 months in fiscal year 2020 to 100 months in fiscal year 2024, a 5.3 percent increase. These increases suggest that either the average drug quantities involved in federal prosecutions have grown, defendants’ criminal histories have worsened, or both.

The gap between the guideline minimum and the imposed sentence has remained relatively consistent, ranging from 37 to 48 months, with an average difference of approximately 40 months in fiscal year 2024. This persistent gap reflects the combined impact of departures and variances discussed previously, where judges impose sentences below the calculated guideline range in the majority of cases. Fiscal year 2022 saw the largest gap at 48 months, corresponding with the lowest average imposed sentence of 91 months despite a guideline minimum of 139 months. The subsequent increase in imposed sentences in fiscal years 2023 and 2024 (to 98 months and 100 months respectively) may reflect changing enforcement priorities, different types of cases being prosecuted, or shifts in judicial sentencing practices. The overall upward trend in both guidelines and imposed sentences for methamphetamine trafficking cases suggests that as the problem has grown more severe, the federal response has become correspondingly tougher.

Comparison of Methamphetamine to Other Drug Trafficking Offenses in the US 2026

Data source: United States Sentencing Commission FY 2024 Annual Report and Quick Facts

The comparison of methamphetamine to other drug trafficking offenses in the US 2026 highlights methamphetamine’s dominant position in federal prosecutions and the severe penalties associated with these cases. At 45.8 percent of all federal drug trafficking cases, methamphetamine far exceeds any other single drug type in the federal system. The average sentence of 100 months for methamphetamine trafficking is significantly longer than sentences for other major drugs: 65 months for fentanyl, 70 months for crack cocaine, and 66 months for heroin. This makes methamphetamine the most severely punished drug trafficking offense in federal court, despite fentanyl’s higher lethality and public health impact.

Several factors explain why methamphetamine trafficking receives longer sentences than other drug types. First, the quantities involved in federal methamphetamine cases tend to be larger, as reflected in the median base offense level of 34. Second, 61.2 percent of methamphetamine cases involve mandatory minimum penalties, compared to 54.6 percent for drug trafficking generally, meaning more methamphetamine defendants face statutory floor sentences. Third, methamphetamine cases more frequently involve additional sentencing enhancements, such as weapon possession (32.4 percent of cases) and leadership roles (5.9 percent). The data from fiscal year 2024 shows that while average sentences for powder cocaine, heroin, and marijuana decreased, sentences for methamphetamine remained unchanged at 100 months and actually increased for fentanyl and crack cocaine, suggesting that judicial and prosecutorial approaches to methamphetamine have stabilized while other drug types see more sentencing variation.

Public Health and Safety Impact of Methamphetamine in the US 2026

Data source: SAMHSA; National Center for Health Statistics; DEA Regional Reports

The public health and safety impact of methamphetamine in the US 2026 has reached crisis proportions, with mortality data showing a dramatic escalation in deaths involving psychostimulants, primarily methamphetamine. An estimated 2.0 million people used methamphetamine in 2019, with over 50 percent being frequent users, particularly in the Western United States where usage rates reached as high as 1.2 percent of the population in 2022-2023. Deaths involving psychostimulants increased from approximately 4,500 in 2015 to over 30,000 as of September 2024, representing a staggering 566 percent increase. More specifically, methamphetamine-related deaths more than quintupled from 2012 to 2021, with much of this increase driven by polysubstance use, particularly the dangerous combination of methamphetamine with opioids.

The high purity of modern methamphetamine contributes significantly to its health risks. When users accustomed to lower-purity products encounter methamphetamine testing at 95+ percent purity, the risk of acute toxicity, cardiac events, and overdose increases substantially. Law enforcement seizure data provides another perspective on the scale of the threat: in South Dakota alone during 2025, DEA agents removed an estimated 146,000 fatal doses of various drugs from communities, with methamphetamine representing a significant portion. The DEA Detroit Field Division made 950 arrests related to drug trafficking in 2025, many involving methamphetamine, while seizing 1,054 kilograms of the drug. These enforcement actions, while substantial, represent only a fraction of the methamphetamine in circulation, as evidenced by the continuing increase in usage and deaths despite intensive interdiction efforts. The convergence of high purity, low cost, wide availability, and expansion into new geographic markets has created a methamphetamine crisis in 2026 that rivals or exceeds the severity of the opioid epidemic in many communities.

Policy and Legislative Considerations for Methamphetamine Trafficking in the US 2026

Data source: Federal Register December 2025; USSC Policy Priorities for Amendment Cycle ending May 1, 2026

The policy and legislative landscape surrounding methamphetamine trafficking in the US 2026 is in a state of active review and potential reform. The United States Sentencing Commission has identified the penalty structure for drug trafficking offenses, particularly methamphetamine, as a key priority for the amendment cycle ending May 1, 2026. Central to this examination is the purity distinction in the Drug Quantity Table, which currently treats methamphetamine mixture, methamphetamine actual, and Ice as three separate substances with different penalty levels. Given that testing data shows all three forms now test at similarly high purity levels (91.0%, 92.6%, and 97.6% respectively), many commenters have argued that these distinctions no longer reflect actual differences in culpability or harm and may lead to unwarranted sentencing disparities.

Geographic disparities in testing practices have emerged as a significant concern, with laboratory testing rates varying from under 60 percent in some circuits to over 85 percent in others, particularly the Ninth Circuit. Border districts test 86.4 percent of methamphetamine seizures while non-border districts test only 71.2 percent. Since defendants whose methamphetamine is not tested are typically sentenced under the less severe “mixture” category, these geographic variations in testing practices can result in substantial sentencing differences for similar conduct. The Commission published proposed amendments in the Federal Register in December 2025 and is accepting public comment until February 10, 2026, indicating that changes to methamphetamine sentencing guidelines may be forthcoming. Additionally, the relatively high rates of safety valve qualification (32.8 percent) and mandatory minimum relief (45.3 percent) in methamphetamine cases suggest that current statutory penalties may be perceived as excessive for many defendants, prompting both judges and prosecutors to seek ways to mitigate sentences below statutory and guideline ranges.

International Dimensions of Methamphetamine Trafficking Affecting the US in 2026

Data source: DEA 2025 National Drug Threat Assessment; Department of State FTO Designations

The international dimensions of methamphetamine trafficking affecting the US in 2026 underscore that this is fundamentally a transnational crime problem requiring international cooperation. Mexico serves as the primary production location for methamphetamine destined for the United States, with two dominant organizations controlling this trade. These sophisticated criminal enterprises operate in at least 40 countries worldwide, according to DEA assessments, with the Sinaloa Cartel maintaining particularly extensive international networks for both drug trafficking and money laundering. The Department of State has designated six Mexican cartels as Foreign Terrorist Organizations, reflecting the violence and destabilization these groups cause not only in Mexico but throughout Latin America.

The international precursor chemical supply chain is critical to methamphetamine production, with the Sinaloa Cartel controlling extensive networks to facilitate procurement and shipment of precursor chemicals from China and India to clandestine laboratories in Mexico. These chemicals, particularly phenyl-2-propanone and its precursors like phenylacetic acid, are the building blocks of modern methamphetamine production. Interestingly, while Mexican cartels produce methamphetamine primarily for the US market, they have also expanded globally, leveraging trafficking and supply networks to flood lucrative markets in Asia, Australia, and New Zealand. In these international markets, profits for methamphetamine can be more than 100 times higher than in the United States, creating powerful economic incentives for cartels to establish global distribution networks. This international expansion means that methamphetamine trafficking in 2026 is not solely a US-Mexico border issue but rather a worldwide criminal enterprise that requires coordinated international law enforcement responses and diplomatic efforts to address precursor chemical diversion.

Future Outlook for Methamphetamine Trafficking in the US 2026

Data source: USSC Amendment Cycle Priorities; DEA Threat Assessments; Trends Analysis

The future outlook for methamphetamine trafficking in the US 2026 and beyond suggests that this will remain a primary drug threat for the foreseeable future. Case volume is likely to remain high or increase, given that methamphetamine already comprises 45.8 percent of federal drug trafficking prosecutions and continues to grow as a percentage of the caseload. The industrial-scale production capabilities of Mexican cartels show no signs of diminishing, and the purity levels are expected to remain at 95%+ levels given the sophisticated manufacturing processes now in place. With the Sinaloa Cartel and CJNG firmly established as the dominant producers and having invested heavily in production infrastructure and precursor chemical supply chains, continued Mexican dominance of methamphetamine production and trafficking appears certain.

Geographic expansion represents a particularly concerning trend, with DEA assessments indicating further penetration of methamphetamine into the eastern United States, regions that historically had lower methamphetamine prevalence. The combination of ample supply, low cost, and high potency has enabled cartels to establish new markets and distribution networks across the entire nation. On the policy front, potential reforms to purity distinctions in federal sentencing guidelines appear likely, given the United States Sentencing Commission’s focus on this issue and the public comment period extending through February 2026. An emerging threat is the increasing combination of methamphetamine with fentanyl, either through intentional co-use or through contamination of methamphetamine supplies with fentanyl, which dramatically increases overdose risk. The public health impact is expected to continue at high levels, with mortality rates remaining elevated as long as high-purity methamphetamine remains widely available. Despite these challenges, methamphetamine trafficking will undoubtedly remain a top federal law enforcement priority, as evidenced by the DEA’s seizure statistics and the federal court system’s continued emphasis on prosecuting these cases aggressively.

Disclaimer: This research report is compiled from publicly available sources. While reasonable efforts have been made to ensure accuracy, no representation or warranty, express or implied, is given as to the completeness or reliability of the information. We accept no liability for any errors, omissions, losses, or damages of any kind arising from the use of this report.

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