SANTIAGO Pharmacies in Chile's capital Santiago will start selling cannabis-based medicines this week, the first time such treatments have been offered by drug stores in Latin America, the companies behind the launch said on Wednesday.Canadian cannabis producer and distributor Tilray said it had partnered with local firm Alef Biotechnology, which is licensed by the Chilean government.Chile legalized the use of medical marijuana in 2015 and is among a number of Latin American countries gradually loosening laws prohibiting the cultivation, distribution and consumption of cannabis.

Chilean pharmacies begin marijuana medicine sales in first for Latam | Reuters

SANTIAGO Pharmacies in Chile’s capital Santiago will start selling cannabis-based medicines this week, the first time such treatments have been offered by drug stores in Latin America, the companies behind the launch said on Wednesday.

Canadian cannabis producer and distributor Tilray said it had partnered with local firm Alef Biotechnology, which is licensed by the Chilean government.

Chile legalized the use of medical marijuana in 2015 and is among a number of Latin American countries gradually loosening laws prohibiting the cultivation, distribution and consumption of cannabis.

“By importing Tilray’s medical cannabis products to Chile we intend to ease the suffering of those in need by offering pure, precise and predictable medical cannabis products,” Alef board president Roberto Roizman said in a statement.

Tilray’s T100 and TC100 products will be available at a number of pharmacies in Santiago initially, under prescription. The average sale price will be $310 for a treatment that lasts around a month, a spokesman said.

Up until this week, patients in Chile could only obtain medical marijuana by importing…

Continue reading at Reuters.com

About Reuters

Since 1850, we have experimented, invented, and created content and news solutions to become the world’s leading international news agency. Always at the forefront of real-time breaking news and high-impact global multimedia content, we are constantly innovating our products and services to meet your business needs. Whether we are serving broadcasters, publishers, brands, agencies, or direct to consumers, Reuters provides award-winning coverage of the day’s most important topics, including: business, finance, politics, sports, entertainment, technology, health, environment, and much more.

Leave a Reply

Your email address will not be published. Required fields are marked *