2 South American Marijuana Markets Advance
Chile and Uruguay have taken significant steps recently to advance their particular cannabis markets.
Chilean President Michelle Bachelet signed a decree that licenses the sale of cannabis-derived medicines at pharmacies, and removes marijuana from the country’s list of hard drugs. The decree hasn’t been released formally, but the Associated Press acquired a copy Friday.
Still, the planting, selling and carrying marijuana without a specific medical sanction as part of Chile’s MMJ pilot program continues to be unlawful and carries prison terms of 5-10 years.
The National Drug Board of Uruguay, the first country to legalize recreational marijuana, announced Saturday that signed up cannabis users in the nation will be able to choose from three ranges of state-sanctioned cannabis when cannabis sales start in drug stores, Reuters reported.
That will likely remain in mid-2016, the Uruguayan federal government estimated, when the country’s two certified manufacturers begin offering their...
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