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Home 🌿 Recreational Marijuana News 🌿 URUGUAY’S BIG STEP TOWARD REGULATING ITS CANNABIS MARKET 🌿URUGUAY’S BIG STEP TOWARD REGULATING ITS CANNABIS MARKET
Uruguayan authorities made a major announcement on October 1, laying out plans for the biggest step yet in the country’s efforts to regulate all levels of the cannabis market: cultivation for commercial sales. Officials revealed that two companies have been selected to grow cannabis for sale in pharmacies. The first commercial offerings will likely be available to registered consumers in about 8 months, or mid-year 2016.
In a press conference, Juan Andrés Roballo, presidential undersecretary and head of Uruguay’s National Drug Board (Junta Nacional de Drogas, JND) and Augusto Vitale, president of the Institute of Regulation and Control of Cannabis (Instituto de Regulacion y Control de Cannabis, IRCCA, created by Law 19172 in 2013), shed light on some of the most important pending questions around Uruguay’s cannabis policy innovation. Among other things, they revealed that after a thorough vetting process of the more than twenty companies that submitted proposals in...
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