After moving forward in Uruguay in order to keep the own population of black market traders of illegal substances , unexpected hurdles seem to arise in the first country of the re-legalization of cannabis. The pharmacies in Uruguay are scorned by legitimate hemp trade by banks and have to fear their hitherto maintained money accounts. Either the cannabis sale would be discontinued, or abandoned to the formerly valued customer, it says on the side of the money institutions.
The President of the State Banco de la República, Jorge Polgar, said that no relations with pharmacies would have been accepted which would have received a license for the trade in marijuana . This is to prevent the international isolation of the bank which would actually be possible due to cross-border activities of the domestic financial institutions in the USA. According to international regulations, no accounts should be kept which are connected in any way to drug trafficking. Even if the government in Uruguay does not provide criminal prosecution for the public trade in cannabis – even behind the state’s distribution – the banks of the brave country feel their hands bound to international law.
In the absence of a solution to the surprising tangle mill in Uruguay, many of the twenty approved pharmacies would have to end their trade with the coveted and extremely affordable natural substance . A threatened blocking of his own bank account forced the medication-offering businessmen to the reluctant action, explained a lawyer of the pharmacist settlement of Uruguay.
Banks versus pharmacists – first official blackmail attempts in the public drug milieu!