Pharmacies to begin selling adult-use cannabis in Uruguay

Did you miss the webinar “Women Leaders in Cannabis: Shattering the Grass Ceiling?” Head to MJBiz YouTube to watch it now!

Uruguay has finally authorized pharmacies to begin selling recreational marijuana in July, more than three years after the Latin American nation became the first in the world to legalize the cultivation, distribution and consumption of rec MJ.

The market’s launch has been delayed multiple times. Sales initially were expected to begin in late 2014, Reuters reported.

According to the news agency, 16 pharmacies have registered with the government to sell adult-use marijuana, with the number expected to rise to 30.

The industry will be tightly regulated. Pharmacies will be limited to 882 pounds of cannabis at their disposal. That amount could be increased depending on demand. Pharmacies must sell marijuana in 5-gram (0.18-ounce) containers at $1.30 per gram.

Uruguayans 18 and older are required to register with the government to buy marijuana. Consumers are limited to purchasing 40 grams (1.41 ounces) per month and 10 grams per week. Foreign tourists are barred from buying marijuana, Reuters reported.

Other Latin American nations have legalized medical marijuana. Argentina’s Senate recently voted to legalize MMJColombia, Chile and Mexico have legalized medical cannabis, and Peru is working on its own MMJ legalization law.