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Uruguay Will Set Up Cash-Only Cannabis Dispensaries
Author: Jon Hiltz 14/09/2017 - 18:15:00

On Wednesday, the Uruguayan government announced it will be opening dedicated adult-use marijuana dispensaries that will only be taking cash for purchases. 

In July, 16 pharmacies started selling legal cannabis in the South American nation. The initiative led to a banking nightmare when financial institutions in Uruguay threatened to cancel the accounts of businesses participating in the sale of cannabis. 

The banking scare came after letters from American financial firms arrived. These documents stated that US banks would stop doing business with Uruguay because Uruguayan institutions were helping in the sale of a controlled substance. 

Since that time, three or more pharmacies have decided not to sell marijuana due to the warnings. 

More on marijuana.com:Uruguay Will Set Up Cash-Only Cannabis Dispensaries



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