Uruguay the first country to legalize the usage of recreational maujiuana, is taking the process very slowly. The only pharmacies that are allowed to sell pot is the two main companies, Symbiosis and Iccorp. These companies are mainly around the capital Montevideo. The public is allowed to buy 40 grams a month that can be bought from a total of 14 pharmacies. The country established this in 2015, but is is raising some complications. Most pharmacies are routed through U.S. banks and the united states banks aren’t allowed to be involved the manufacture, importation, sale, or distribution of a controlled substance.
Heres the link for more
https://money.cnn.com/2018/09/16/news/world/uruguay-cannabis-industry/index.html
1.If you were a pharmacy would you sell and drop out of US banking or would you stay? Explain your thinking.
I would not until I saw that the money was ethier better or worst and staying in and still having the backing of the US is very valuable
2.What are your thoughts on the entire country of Uruguay legalizing marjiuana?
If they have the right rules and regulations it could be beneficial for the country. The medical standpoint it will be very healthy for the country
3.How is this going to affect the U.S. economy if Uruguay pharmacies stop using the banks?
I don't think that it will have very much effect at all because its only 14 pharmacies and for how small the country is
Replies
Good job overall. Be sure to comment three different days and be sure to capitalize key words in the title. -5 late.
If i were a pharmacy i would most likely drop out of US banking. I don't think it is right, and it shouldn't be something the U.S. is involved in. My thoughts go straight to the health of Uruguay. If Uruguay pharmacies stop using our banks i could see a decrease in money kept in the U.S. .
I think that country should go through with it. I don't see a problem with legalizing maujiuana ask long as it's used safely/for medical purposes. Even though the country would be loosing money if they no longer do business with US pharmacies, they would still be making good/maybe even better profits. I don't think the loss of Urugay pharmacies would have much effect on the US. They are a small country, so it's unlikely it will hurt our economy.
I think if it is the best thing for the country of Uruguay and they are making money, I don't think it will be harmful for the country. If Uruguay pharmacies stop using U.S. banks then they might start losing money, but I don't think they are worried about it because of how small the country is.
I think that it will easliy help the the people of the country and make more money for the country I dont the US that it will effect it very much or a noticable amount for the Few pharmacies and how small the country is.
Depending on the money you could make im not sure but I feel like it could be harmful to the society in Uruguay. I feel it could greatly affect the community or either have very little change in much.
I would have to wait to drop out of the US banking till I woudl see the proof that it would make enough money to drop out find new banks that are not going to as good as The US and see if as a busisness stand point if its better or worst.
I think that any way a country can divert funds going towards policing the use of a plant that does nothing more than make their society a little bit more annoying and putting it towards making their country a better place or even policing harder drugs is better than wasting money.
I think that there is many other things that they could divert the funds into But I also beileve that it could also have many health effects for the country and more than anything it is the persons choice to use it or not.
I would stay because I would know the system better than I'd know other systems.
I think if it's for medical purposes then why not legalize maujiuana? If Uruguay feels that they need to legalize it, then they have the right to.
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