Not saying you’re wrong; I’ve never been to Uruguay. But $1.50/g ($42/oz) seems very low. Is the an accurate price?
If so, this worries me… if the legal price isn’t significantly less than the illegal price, the illegal market might survive. And if that happens, this experiment will be held up as a failure.
Here in central Ontario, Canada, $200 to $250/oz is common; I figure the illegal market could be completely eliminated by at legal price of $50 to $100/oz, which leaves lots of room for profit at every step AND significant taxation.
