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Uruguay to sell marijuana tax-free to undercut drug traffickers


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By Malena Castaldi MONTEVIDEO (Reuters) - Uruguay will exempt marijuana production and sales from taxes in a bid to ensure prices remain low enough to undercut competition from black market pot smuggled in from Paraguay, according to consultants advising the government on a legalization plan. Congress approved a law allowing the cultivation and sale of marijuana in December, making Uruguay the ...

 

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I'm truly impressed that they're willing to go to such lengths to take the profit out of the market as it will send shock waves around the world.  When we see them producing pounds for next to nothing no-one is going to stand for the bullshit prices that are being charged in other nations.  It will inspire people to plant their own seeds to get away from the man with his crazy prices, low quality, few options, etc. and you could never convince the public that doing so should be criminal if you can legally purchase the same end product at a shop.  Its going to be great to see so I really hope they don't screw things up over there and can show the world what its like not having profit be the sole motivator for legalisation :)

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