Tag Archives: mmj investors

Mujica

Mujica Signs Rules for Cannabis in Uruguay

Mujica Signs Rules for Cannabis in Uruguay

On May 6, 2014, President Jose Mujica led Uruguay to become the first country to declare cannabis legal within a framework of regulations that makes policies in Washington and Colorado seem like something dreamed up at pot parties. Every Uruguayan consumer must register to remain within the system, and choose one of three ways to access their cannabis.

Industry

Industry Success for Attentive Investors

Whereas 21 U.S. States have legalized medical marijuana and customers are queuing up to buy it, the same is not true of financial institutions. They complain about the heavy fines they could incur if they so much as touch a banknote that smells of pot. This has caused Walgreen, CVS and Rite Aid to stay clear, but it has left the field wide open for new entrants.


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