• 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

Costa Rica seizes 2.5 tons of cocaine in two operations
Costa Rica
9 views
Costa Rica
9 views

Costa Rica seizes 2.5 tons of cocaine in two operations

AFP and The Tico Times - September 21, 2019

Costa Rican authorities seized 2.5 tons of cocaine in two separate operations carried out on the Pacific and Caribbean coastlines,…

United States and El Salvador sign immigration agreement
Central America
34 views
Central America
34 views

United States and El Salvador sign immigration agreement

AFP and The Tico Times - September 20, 2019

The United States and El Salvador reached an immigration agreement on Friday, the interim secretary of Homeland Security, Kevin McAleenan,…

‘I want to write my story here too,’ Navas says of PSG
Keylor Navas
26 views
Keylor Navas
26 views

‘I want to write my story here too,’ Navas says of PSG

AFP and The Tico Times - September 20, 2019

Costa Rican goalkeeper Keylor Navas debuted in the Champions League with Paris SG on Wednesday with a 3-0 victory against…

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