Uruguayan Cannabis Company Betting on Hemp

Uruguay made history nearly three years ago when it became the first modern country to legalize recreational marijuana at the federal level. But given how difficult the country’s industry rollout has been, at least one Uruguayan cannabis producer is shifting its sights to marijuana’s non-psychoactive cousin: hemp.

International Cannabis Corp., one of only two licensed marijuana producers in the country, aims to tap a global hemp market instead of just the Uruguayan marijuana market, in part because it’s far less regulated, Bloomberg…

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