Uruguay has become the first country to legalize the cultivation, sale and consumption of marijuana in a bid to fight against drug trafficking.
A government-sponsored bill approved by 16-13 votes in the Senate legalizing marijuana is aimed at extorting the business from criminals in the small South American nation, CBS News reports.
According to the report, the Uruguayan residents, who are above the age of 18 and are registered on government database monitoring their monthly purchases, will be able to buy a maximum of 40 grams each month from licensed pharmacies starting April.
After the law is implemented in 120 days, Uruguayans will also be able to grow six marijuana plants in their homes a year, amounting to nearly 480 grams, and form smoking clubs of 15 to 45 members that can grow up to 99 plants per year, the report added.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
