Uruguay

Mon
17
Sep

The first country to legalize pot is taking it slow

The first country to legalize recreational marijuana is still going through growing pains in setting up its market.

Uruguay, which legalized the drug nationally in 2013, is in no rush. The Latin American country wants to do it the right way, and that means, at least initially, a lot of restrictions.

"They're very aware that they're the first in the world to do this," said John Walsh, director for drug policy and the Andes at the Washington Office on Latin America. "They've run with a tightly controlled model to show the world that they have control over the system."

Tue
11
Sep

Aurora Cannabis looks to dominate Uruguay’s weed market with latest purchase

An Edmonton-based business has positioned itself to dominate the marijuana market in the one country that beat Canada to the punch on legalization. Aurora Cannabis Inc. announced Monday it had purchased South America’s leading cannabis producer ICC Labs, which holds 70 per cent of the market in Uruguay.

Uruguay passed legislation in 2013 to legalize cannabis, and implemented recreational sales last year. Fernanda Boidi, with the Latin American Marijuana Research Initiative and Uruguay’s Insights Research Group, said the country is facing a major cannabis shortage and having a heavy-hitter like Aurora step in could help remedy that.

Mon
20
Aug

Canada just became the second nation to legalize marijuana. Here are all the top countries for progressive drug policy reform

Canada recently became the second country — and the first Group of Seven country — to legalize marijuana for adults. As cultural attitudes change, governments around the world are looking to update their policies on drugs more generally.

Uruguay, a small nation of around 3 million people in South America, set a global precedent when former president Jose Mujica signed a law to legalize marijuana in December of 2013.

Thu
19
Jul

Uruguay marks a year allowing pharmacies to sell marijuana

Enrique Curbelo is delighted. Selling cannabis has allowed the affable 76-year-old to keep his privately owned pharmacy in Montevideo open in a market dominated by big chains. "I had to sell what they didn't sell," he told AFP. "For me it's like selling aspirin."

It's been this way for a year now. Every Wednesday, Ismael Fernandez receives a WhatsApp message from his local pharmacist telling him a new stock of cannabis has arrived.

After leaving work, he heads there and buys the 10 grams that Uruguayan law permits, costing 400 pesos, around $13. Fernandez then heads home and rolls a joint "to relax" with his partner Stefania Fabricio.

Wed
20
Jun

Five years after legalization, Uruguay faces cannabis supply problems

According to local reports, Uruguay faces cannabis supply problems five years after the government legalized the plant.

Five years after legalizing marijuana, Uruguay is facing cannabis supply problems. The South American country was the first nation to legalize marijuana in 2013. But legal sales of cannabis began just last year. The law allows registered consumers to purchase up to 40 grams (nearly 1.5 ounces) of cannabis at participating pharmacies each month. But so far, only 14 of approximately 1,200 pharmacies in the country have registered to sell cannabis.

Wed
13
Jun

Uruguay struggling to meet demand for legal marijuana

Laura Andrade recently walked out of a pharmacy in Uruguay cursing loudly because she couldn't buy legal pot.

The wine sommelier had taken a bus since pharmacies in her neighborhood don't sell the drug, but a pharmacy employee told her to come back the next day. "I work, I can't come here every day," she complained. "Today, I'll have to buy from an illegal dealer. I have no choice. This system is crap. It's useless!"

Marijuana went on sale in Uruguay last year under a 2013 law that made it the first nation to legalize a pot market covering the entire chain from plants to purchase. But the country is still working out how to meet demand in its effort to undercut drug traffickers who control the black market.

Mon
11
Jun

Uruguay's experience with its marijuana law

Uruguay has always faced some tall hurdles to become the first country in the world to fully legalize recreational cannabis.

The landmark 2013 reform was aimed at taking revenue streams from the sale of the soft drug out of the hands of organized crime while also improving public health by bringing users out of the shadows.

Fri
20
Apr

The 6 most advanced countries for marijuana research

The most advanced countries for marijuana research are using science to defeat the stigma while getting people the medicine they need.

It is commonly known that the U.S. is not apart of the most advanced countries for marijuana research. Due to its legal status, receiving funding for cannabis research has been proven quite difficult in the U.S. The government still holds restrictive policies and regulations on research that will look into the benefits and risks of cannabis, which is available to consumers in numerous states.

Tue
30
Jan

Cannabis Wheaton Income Corp. Announces Expansion to Uruguay and Securing of Significant CBD-Rich Hemp Production

Cannabis Wheaton Income Corp. (d/b/a Wheaton Income) (TSX-V:CBW) ("Wheaton Income" or "Wheaton" or the "Company") is pleased to announce that it has entered into a binding interim agreement (the “Agreement”) with Inverell S.A. (“Inverell”), pursuant to which Wheaton will purchase 80% of the issued and outstanding common shares on a fully diluted basis of Inverell.

Inverell is a federally licensed “Cannabis Operator” based in Montevideo, Uruguay and was founded by Dr. Raúl Urbina. Dr. Urbina completed his post-graduate studies in Molecular Biology at Princeton University and Agronics at the University of Almeria in Spain and possesses broad experience managing high-tech agricultural projects with a strong innovation component.

Mon
15
Jan

Crime rate drops but Uruguay struggles with illicit sale of Cannabis to tourists

“We passed the idea of avant-garde country, and the foreigner arrives here and cannot buy?” one Cannabis expert said.

As the summer months roll in and the tourists begin to arrive, Uruguay may see more than a few disgruntled backpackers as its 2017 legalization of marijuana still only applies to the nation’s residents.

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