High ambitions: Uruguay cannabis firm targets booming global market for medical marijuana

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In a white, sterilized laboratory on the outskirts of Uruguayan capital Montevid...

MONTEVIDEO - In a white, sterilized laboratory on the outskirts of Uruguayan capital Montevideo, biochemist Javier Varela and his team are carefully cultivating plants for a booming multibillion-dollar global market in medical marijuana.

The small but landmark export underscores the country’s push into the burgeoning market for legal cannabis, that has medical uses including helping cancer patients manage chronic pain or treating spasms associated with multiple sclerosis. The number of countries legalizing the use of medical cannabis is expected to almost double to around 80 in the future, Lewis said, “creating a potential market of $100 billion in the next ten years.”

Varela says it is vital to control the quality of the environment for the cannabis plants, especially given the high global standards needed for making medicines as well as in the handling of agricultural products.

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Send me a price list

Suppose your production 100 tons. You can sell only 30 tons as medical marijuana. What would you do with 70 tons marijuana? Burn it? Or sell it to drug dealers?

Why can’t you use a more appropriate medical term such as cannabis? Marijuana is a (much vilified) US name for a recreational drug.

While idiots in Kenya are very busy arresting Marijuana farmers.

really? something new?

Great idea, however like all medication they will use inflated prices and pray on the vulnerable governments would rather psy extortionate price to the global pharmaceutical companies

przyszłość przemysłu spożywczego🙂

previously know as marijuana

nice

They have like 2% and 5% THC cannabis, that’s not gonna compete with anything, it’s rubbish.

There are gnomes there, really.

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