Members of the Uruguay Senate have approved legislation authorizing for the licensed production and retail sale of cannabis to all citizens age 18 and older.
Members of Uruguay’s House had previously approved the measure months earlier. The bill now goes to President José Mujica, who intends to sign the measure into law in the coming days.
Uruguay will be the first nation in modern history to regulate the licensed production and sale of cannabis.
“This is an attempt to bring an end to the illegal drugs trade by identifying the market and bringing it into the light of day,” said President Mujica in a statement.
Under the pending law, residents of the South American nation will be able to legally purchase up to 40 grams per cannabis per month. (Sales to non-residents are will not be allowed.)
Price controls will set the cost of cannabis available at state-stores to $1 per gram.
The forthcoming law would also allow households to grow up to six cannabis plants each; it also allows for the establishment of cooperatives, which will be able to grow as many as 99 plants.