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Medical cannabis industry flourishing in Uruguay

A global pioneer in regulating adult-use cannabis, Uruguay’s medicinal cannabis industry is also flourishing, which, despite the barriers, is growing “exponentially” with a “wide range” of products.

Despite critics’ predictions of a chaotic scenario of insecurity and “narco tourism,” the then President of Uruguay, José Mujica (2010-2015), launched an unprecedented “socio-political experiment” in 2013 by becoming the first country in the world to legalize cannabis.

That route, first drawn up as part of the fight against drug trafficking, has evolved in the decade since to reach a horizon with real commercial potential: the export of medicinal cannabis.

The cannabis industry is growing “exponentially” in Uruguay, where 199 business licenses have been issued, co-founder of the business platform Cannabis Business Hub, Mercedes Ponce de Leon, tells Efe.

To read the complete article, go to www.laprensalatina.com

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