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I don't know a great deal about the situation, just a few comments that I've read regarding plans for deregulation and the possibility of extra-governmental (essentially corporate-funded) judiciary bodies and regulators being set up and the likely effect on human/workers' rights and the environment. I wasn't particularly referring to the drug industry in any respect.
ffm
But even there we see how hard it is to extract which factors impact the most.
My understanding was a large part of the breakdown was due to efforts against the drug trade elsewhere in the region which has moved it to Honduras - specifically the east which geographically is pretty sparse and wild. It's definitely the only place in Central Am I felt unsafe the majority of the time.
Even if you wanted to use the drug industry as an example, is that "true" capitalism? Or does the use of illegal force invalidate it.
Basically I feel that the "no true Scotsman" argument only seems to play one way.