André, RosárioPortas, Tomás Silveira2020-10-192020-10-192020-01-162020-01-03http://hdl.handle.net/10362/105841The recreational cannabismarket has been under transition from the black market into a legalregulated one.This has been happening due to:an increase in acceptance rates; medical research depictingcannabisas less harmful than alcohol; the economic impact.Uruguay tried to be a pioneer in legalization,butthe over-conservatismcreatedseveral barriers for trade, causinga lack of legal supply, pushing up the black market, and currently illegally selling a legal product.Nevertheless, the industry is expected to continue its growth once more data on health issuesgets released andonce cannabiscompanies get easieraccess to credit and a clear road to the market.engLegal frameworkRecreational cannabisUruguayBlack Marketmaster thesis202495060