Watch: Uruguay Now Has Licensed Legal Cannabis Growers

Uruguay: It's not just the butt of John Oliver's jokes, it's a world leader in cannabis policy. And it's about to take another huge step.

Since the South American country passed a bill to legalize cannabis in late 2013, its implementation has been spotty and slow. Home growers were permitted to have up to six plants, and registered cannabis clubs were allowed to grow a maximum of 99 plants per year, but the development of a national cannabis market was postponed. Until now.

As TeleSUR reports, the Uruguayan government has awarded cannabis-growing licenses to two companies. Simbiosis and Icorp are set to produce more than 2 tons of cannabis a year. Starting in mid-2016, it will then be sold through pharmacies at prices as low as $1.20 US a gram - a move designed to lure users away from the black market.

What could this all mean? The BBC filed this report:

It looks like the world will be watching Uruguay in the months to come.

h/t BBC News, TeleSUR.

Latest.

Prime Minister-designate Boris Johnson has dabbled with illicit drugs in the past, but reforming the United Kingdom's antiquated cannabis laws probably won't be part of his future. On Monday it was officially announced that MP Boris Johnson had been elected as Leader of the Conservative Party, which means he will succeed outgoing Prime Minister Theresa May as the head of government. Johnson is expected to take a different approach to politics than his predecessor, but anyone hoping that he will push for national cannabis reform probably shouldn't hold their breath.

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