Tuesday, January 7, 2014

Uruguay Legalizes Marijuana

Uruguayan President Jose Mujica has signed a bill legalizing the sale and production of the drug despite global criticism. The UN has condemned the bill as a violation of international law, while Mujica claims it will undercut the illegal drugs trade.

Mujica’s secretary, Diego Canepa, told the Associated Press that the President had signed the bill into law on Monday night. Now the Uruguayan government has until April 9 – when the law comes into full effect – to finalize the regulations that will govern the sale and cultivation of marijuana.

As of today, the cultivation of up to six cannabis plants per family is now legal in Uruguay. As well as growing the drug, Uruguayans will also be able to purchase marijuana in pharmacies once they have registered in a nationwide database. There will be a cap on the amount of marijuana that can be bought every month which will initially be set at 40 grams.

President Mujica – who proposed the bill in the first place – has championed the legislation as a way to eliminate the illegal drugs trade in Uruguay. In this way, the market price for the drug will be set at a dollar a gram in an attempt to undercut the illegal market price of $1.40.

Read it all here.

Peru and other countries of South America may follow.

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