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November 12, 2012

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Just a brief aside: 700 pesos is the price for the monthly allowance of 40 grams, making the price per gram 17.5 pesos or 0.8 USD. That is way cheaper than the US, although to make a proper comparison you would have to adjust for quality (using THC content as a proxy, for instance). I find it interesting that there is no mention to price controls in the actual bill. My guess is that, in practice, MJ in Uruguay will be far cheaper than currently anticipated (or the residual black market far bigger than projected).

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