Business Case - Cannabis CBD and Industrial Hemp in Uruguay

In December 2013, Uruguay became the first country in the world to regulate cannabis production for recreational, medicinal, and industrial use. Successive decrees have favored the development of this industry in Uruguay, not only in terms of production, but also in promoting scientific research and opening up markets.

The activity of companies linked to the cannabis industry in Uruguay is increasingly reaching a wider range of possibilities, while associated services are multiplying and diversifying. Between cultivation, industrialization, and research, a business ecosystem of more than 100 companies has been formed. With six years of uninterrupted exports and increasingly diversified products and destinations, Uruguay is positioning itself as a reliable partner for the production and supply of CBD and industrial hemp products.

Uruguayan producers offer a wide range of products, including hemp flowers for non-medical use, CBD extracts and isolates, seeds, and hemp seed-based superfoods. In addition, the knowledge accumulated from ten years of regulation has enabled the export of specialized consulting services to countries that have recently legalized cannabis.

Uruguay's legal and regulatory framework is a key factor in attracting companies in the sector. With clear legislation regulating the production and export of industrial hemp and CBD-derived products, the country offers legal certainty and transparency.