Ancillary Cannabis Industry Flourishing in Uruguay
Despite the fact that drug stores in Uruguay have yet to start offering state-sanctioned cannabis, ancillary companies have started turning up, and more are wasing established on an ongoing basis.
One of the more popular business designs is store stores that sell house cultivation products, as it’s legal now to grow independently. There are at least 20 such stores in Uruguay’s capital, Montevideo, according to France 24. Their target market is the nation’s approximated 20,000 house growers.
And a minimum of 15 marijuana clubs, which are legally allowed to mature to 99 plants each, have likewise sprung up.
Still, store shops aren’t producing freshly minted millionaires yet. France 24 found that the “margins are little,” according to one business partner behind a store shop in Montevideo.
Other business, however, are making a killing. One hemp farming operation that was founded a year ago with $150,000 in...
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