Sat , December 7, 2024
Newsletter
Home > World Cannabis News > Uruguay Forced to Make Recreational Marijuana Sales Cash Only

Uruguay Forced to Make Recreational Marijuana Sales Cash Only


💰 Save Money. Get Deals. 💰


Get cannabis deals. It's free ⤵️



100% free. Cancel anytime.


Marijuana Sales

The Uruguay government announced that it is making changes to its recreational marijuana system because due to international finance laws banks cannot legally work with pharmacies selling marijuana.

New pharmacies will be setup that will sell marijuana and accept cash purchases, according to Idaho Statesman. Marijuana sales began in July after a 3-year wait for implementation. Following warnings from banks, there were three pharmacies in the country that chose not to delve into the recreational marijuana market.

The new system will prevent the dismantling of Uruguay’s recreational marijuana market.

There are still challenges in place, such as paying employees. In Uruguay, employees must be paid via direct deposit, so a bank account is needed for this service. A few other fixes are also in order before things are on an even keel in Uruguay.


⚡️


Arizona legalized marijuana for recreational use in November 2020. The law allows adults aged 21+ to purchase, possess and use cannabis. State-licensed cannabis dispensaries began selling recreational marijuana in early 2021. There are over 150 dispensaries in Arizona — a majority of them are in populous areas such as Phoenix, Tucson and Flagstaff. Recreational cannabis delivery services began operating in 2024.  


AZ Cannabis Updates