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Uruguay Leads the Cannabis Revolution: $1 USD Per Gram

Uruguay Leads the Cannabis Revolution: $1 USD Per Gram

A Worthwhile Endeavor 

One year after becoming the first country to regulate the trade of cannabis, the Uruguayan government still defends its stance to keep marijuana’s price at $1 USD per gram (alternatively to its market price). These price regulations have raised the voice of dissent from companies intending to enter the market.

“The production cost of a quality cannabis gram can be somewhere between $0.50 up to $4,” said Alfredo Dupetit, the director of one of the companies questioning the Cannabis Regulation and Control Institute (IRCCA).