Here’s What Uruguay Has Learned From Legalizing Cannabis

Uruguay became the world’s first country to legalize cannabis when pharmacies started selling the product last summer. Things have worked out well so far, the country’s top marijuana regulator said, although challenges remain as producers struggle to secure bank financing and the government grapples with supply shortages. “We moved the […]

The Global Price of Cannabis

Cannabis pricing, globally, is a topic that is going to remain heated if not highly fluid for some time to come. Why? Government regulation (or lack thereof), compliance and even transport along with different models for commerce and consumption are creating an odd and absolutely uneven map of commodity pricing. […]

Colombia Wants To Become World’s Biggest Legal Cannabis Supplier

Tens of thousands of Colombians died in the U.S.-backed war on drugs. But after an official about-face on marijuana, Colombia is looking to exchange gun-toting traffickers for corporate backers in a bid to become the Saudi Arabia of legal pot.  The new industry is budding here on the outskirts of […]

Peruvian President Signs Medical Marijuana Bill Into Law

Peruvian president Pedro Pablo Kuczynski (PPK) has signed the first law that regulates the medicinal and therapeutic use of medical marijuana, an unprecedented decision in the country’s history. During the signing, PPK, who was accompanied by the premier Mercedes Aráoz and the Minister of Health, Fernando D’Alessio, stressed that “the government […]

Uruguay Becomes First Country to Implement Legal Cannabis Sales

According to an article on Reuters, Uruguay’s pharmacies opened for recreational cannabis sales on Wednesday for those over the age of 18. Uruguay beginning recreational sales marks an important milestone as the first country to fully legalize cultivation, sales and recreational use of cannabis. The country legalized cannabis more than […]