![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Thursday, August 01, 2013 3:26:21 PM
http://www.latimes.com/news/world/worldnow/la-fg-wn-uruguay-legalizing-marijuana-20130801,0,5888917.story
Some Excerpts:
BUENOS AIRES -- Uruguay appears likely to become the first Latin American country to legalize marijuana after its lower house of Congress approved a bill to regulate and sanction the consumption of pot.
Uruguay’s upper house, the Senate, still must pass the measure, but analysts believe the government-led majority favors the law and that it will be approved by October. President Jose Mujica is a strong proponent of the measure, though polls have shown a majority of Uruguayans oppose it.
The 50-46 vote in the capital, Montevideo, late Wednesday came as legalization or decriminalization of drugs increasingly is debated among Latin American leaders who see the U.S.-led war on drugs as a failure.
The law would also allow the formation of so-called marijuana clubs, with 15 to 45 members each, to grow the plants. Mujica has touted the law as a way of fighting illegal drug trafficking, which he has said has brought more violence to his nation.
“At the heart of the Uruguayan marijuana regulation bill is a focus on improving public health and public safety,” said Hannah Heltzer, of New York-based Drug Policy Alliance, a civil society group that favors new approaches to what it calls a “failed war on drugs.”
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM