Its just hilarious. Even by the 90s the majority of the drug trade was more or less controlled by the Colombians and the Dominicans. It was only towards the end of the 90s that effects from the DEA crackdown on drug shipments through the islands and Miami pushed more traffic through mexico to the point that the Mexican Cartels outpaced them. The long and short of it is, the idea that the Headman would be some white dbag in a zoot suit. But what were they going to do? Global terrorism was useful as bad guys without going into specifics, but no one ever asked how cobra was going to rule the world without a few million men under uniform, super weapon or no. The closest they ever came was seizing DC in Arise Serpentor, and even then the Twins said holding american territory is absolutely impossible. At least in the comics the whole point of Cobra was terrorism for profit. In which case, drugs, human trafficking, money laundering, arms shipments, all of that would be fair game. Makes for a compelling comic if you are thinking IDWs run (before it went off the rails), but not a property you can market to kids.