Uruguay Starts Selling Legal Weed

Profits will go to the businesses that cultivate the plant, and to the pharmacies and the government, which will use the cash to fund drug prevention programs.

Uruguay weed

Uruguay has today started selling legal marijuana in 16 pharmacies around the country, with nearly 5,000 people registering to purchase the drug, according to local authorities.

The nation was the first in the region to legalize the pot market, covering the entire supply chain from plants to purchase. Today’s development is the final stage in the law introduced in 2013.

For the equivalent of US$1.30 per gram, consumers can purchase up to 40 grams per month. Ninety cents from each gram goes to the businesses that cultivate the plant, while the remainder goes to the pharmacies and the government, which will use the profits to fund drug prevention programs.

Sign up for our Nearshore Americas newsletter:

Latin America is showing greater acceptance of the drug, the legalization of which has boosted economies and reduced crime.

Tags

JOIN THE CONVERSATION

JOIN THE CONVERSATION