Uruguay’s rules for marijuana market

Uruguay has finally released its rules for the legal marijuana market it is launching this year, detailing how the government plans to get very involved in every aspect of the business. But anyone hoping the South American nation will become a pot-smoker’s paradise should probably head to Colorado instead, President Jose Mujica suggested on Friday.

Colorado licenses sellers and producers but allows any adult to buy up to 28 grams at a time and then go down the street and buy 28 grams more. In Uruguay, consumers must be licensed as well, and each purchase will be tracked to ensure they buy no more than 10 grams a week, he said.

Mr. Mujica and his ministers plan to sign the regulations on Monday, and they’ll take effect on Tuesday.