«

Uruguay awards two huge cannabis growing authorizations

Uruguayan national flags and banners representing the Broad Front ruling political party, are displayed for sale in multi-flag holders on an avenue in Montevideo, Uruguay Friday, Oct. 24, 2014. The political party of outgoing President Jose Mujica, who gained international renown for social reforms such as legalization of marijuana and gay marriage, leads going into Sunday's election to replace him but victory is far from assured. (AP Photo/Natacha Pisarenko)

Uruguayan national flags and banners representing the Broad Front ruling political party, are displayed for sale in multi-flag holders on an avenue in Montevideo, Uruguay Friday, Oct. 24, 2014. The political party of outgoing President Jose Mujica, who gained international renown for social reforms such as legalization of marijuana and gay marriage, leads going into Sunday's election to replace him but victory is far from assured. (AP Photo/Natacha Pisarenko)

Uruguayan national flags and banners representing the Broad Front ruling political party, are shown for sale in multi-flag holders on an avenue in Montevideo, Uruguay Friday, Oct. 24, 2014. (AP Photo/Natacha Pisarenko).

Uruguay has actually selected 2 business backed by regional and foreign financiers to grow recreational pot for distribution in the South American nation’s pharmacies.

Simbiosys SA and Iccorp were among a list of 11 companies including Canadian medical marijuana producer Tilray that bid for licenses to grow as much as 2 lots of pot a year.

Simbiosys, whose financiers are Uruguayans and Argentines, might invest as much as $2 million in its operations, Gaston Rodriguez, a company partner, stated in a telephone interview Friday.

“It’s a historical modification in a nation that is extremely conservative in some elements,” stated Rodriguez, a 43-year-old industrial design teacher. “Uruguay has actually taken up the difficulty of proposing a different method to eliminate drug trafficking.”.

The first providing of pot could strike pharmacy shelves in about 8 months, Juan Andres Roballo, chairman of the National Drugs Board, stated at a press conference Thursday.

Uruguay is among a group of Latin American and Caribbean nations that has moved to legislate cannabis as an alternative to the U.S.-led war on drugs. Jamaica authorized a law earlier this year that decriminalized small amounts of pot and manages medical cannabis, while Chile has accepted the planting of marijuana for medical purposes. Cannabis is also now legal in some kind in at least 23 U.S. states.

First Country.

Uruguay ended up being the very first nation to manage marijuana for leisure, medicinal and commercial uses when its questionable marijuana law took effect in December 2013. Former President Jose Mujica, whose ruling celebration also legislated gay marriage and abortion throughout his term, pitched the law to his doubtful fellow citizens as a method to combat drug gangs.

Under local policies, grownups who register with a federal government database can legitimately obtain as much as 480 grams of pot a year in 3 ways: house growing, joining a marijuana club, and soon at pharmacies.

About 9.3 percent of Uruguayans, or 161,000 people, use pot a minimum of when a year, according to a 2014 government drugs report.

“If Uruguay can remove the profit intention from the sale of marijuana and avoid the glorification of it through modern-day marketing techniques, it may have a general helpful effect in that the occurrance of usage may not increase and could perhaps decrease,” Thomas Babor, a drugs scientist at the University of Connecticut school of medication, stated in a telephone interview.

No Branding Please.

U.S. cannabis dispensaries in Colorado market exotic sounding products such as Purple Haze and Kush that are prompt ending up being worldwide brands. No such luck in Uruguay, where the law bans the branding and advertising of pot.

Registered users will certainly have the ability to purchase as much as 40 grams of pot a month, enough for about 60 joints, for a controlled cost of simply over $1 a gram at getting involved drug stores, Augusto Vitale, chairman of marijuana regulator IRCCA, said yesterday.

Tourists searching for an inexpensive and legal high are out of luck as just Uruguayan citizens and homeowners 18 or older will certainly be able to purchase pot at drug stores.

Leave a Reply



»