• Costa Rica Real Estate

More than 20 companies bid to supply legal pot in Uruguay

August 29, 2014

MONTEVIDEO, Uruguay – A total of 22 companies have submitted bids to supply marijuana under a law making Uruguay the first country to legalize production, sale and distribution of the drug, the government said Thursday.

Eight of them are Uruguayan, 10 are foreign and the rest are joint ventures, said the newly created Institute for the Regulation and Control of Cannabis.

Their product will be sold in pharmacies under the groundbreaking law approved in December.

The law’s mastermind, former leftist guerrilla President José Mujica, says it is a way to circumvent traffickers and stop wasting resources in fighting them.

Heavily criticized by the United Nations’ International Narcotics Control Board, Uruguay’s marijuana experiment is being closely followed by countries eager to find an alternative to the expensive and violent “war on drugs” spearheaded by the United States.

The Uruguayan government now has 15 days to choose up to five of the bidding companies.

They will receive a license for up to five years to produce up to two metric tons of pot per year for sale in pharmacies.

The marijuana will be grown on government-owned land in southwest San José department.

The law passed in December made this traditionally conservative and Catholic country the first in the world in which the government will regulate production, sale and distribution of marijuana.

The law also allows people to grow their own pot if they register with the government. That process began Wednesday and so far 54 people have signed up.

Yet another way for people to get pot is to join a club that distributes it. These associations are to start registration is about 10 days.

The sale of marijuana in pharmacies is scheduled to begin early next year.

Facebook Comments

You may be interested

Police repress Independence Day demonstrations in Honduras
Central America
9 views
Central America
9 views

Police repress Independence Day demonstrations in Honduras

AFP and The Tico Times - September 16, 2019

Hundreds of Honduran police officers attacked with tear gas more than 1,000 people marching in parallel to Sunday's parade organized…

System failure causes power outage through much of Central America
Central America
34 views
Central America
34 views

System failure causes power outage through much of Central America

AFP and The Tico Times - September 16, 2019

A failure in a regional electrical interconnection system on Monday caused a blackout in Honduras and Nicaragua, and partially affected…

Watch: An Independence Day message of hope for Costa Rica
Costa Rica
30 views
Costa Rica
30 views

Watch: An Independence Day message of hope for Costa Rica

Alejandro Zúñiga - September 16, 2019

President Carlos Alvarado on Sunday shared a message of hope in honor of Costa Rica's Independence Day. Watch the video…

Do NOT follow this link or you will be banned from the site!