High prospects for Uruguay's legal marijuana business


  • World
  • Friday, 13 Dec 2013

MONTEVIDEO (Reuters) - Uruguay's pioneering move to legalize the planting and sale of marijuana opens the door for a clandestine cottage industry of pot growers to transform into a legitimate business that could even export medical cannabis, a commodity in short supply.

More and more countries are setting up medical marijuana programs to help relieve the pain of terminally-ill patients and treat other health conditions, but there are few legal sources of the drug in the world and Uruguay could tap that tight market.

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