IBOV 172,060.43 ▲ 0.42% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL5.58▲ 0.02% USD/MXN18.58▼ 0.10% USD/CLP982.08▼ 0.22% USD/COP3,288▼ 0.57% USD/PEN3.41▼ 0.02% USD/ARS1,544▼ 0.03% USD/UYU40.52▲ 3.32% USD/PYG6,174▲ 3.14% USD/BOB11.63▲ 1.12% USD/DOP60.48▲ 0.05% USD/CRC446.01▲ 1.79% USD/GTQ7.64▲ 3.16% USD/HNL26.90▲ 0.20% USD/NIO36.62▲ 2.73% USD/VES902.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 2.41% USD/TTD6.72▲ 2.22% EUR/BRL6.19▼ 0.61% BRENT 92.70 ▼ 0.06% WTI 86.31 ▼ 0.25% IRON ORE 161.91 — — COPPER 6.22 ▼ 0.87% GOLD 3,941 ▼ 1.48% SILVER 51.06 ▼ 1.58% SOY 1,225 ▼ 0.31% CORN 446.75 ▼ 0.28% WHEAT 598.00 ▼ 0.25% COFFEE 267.45 ▼ 0.58% SUGAR 18.22 ▼ 1.41% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.64 ▲ 5.25% COCOA 4,923 ▲ 3.82% BEEF 218.98 ▼ 0.10% CATTLE 332.63 ▲ 0.69% LITHIUM 61.07 ▲ 1.82% PETR4 43.55 ▼ 3.11% VALE3 64.43 ▼ 0.57% ITUB4 41.72 ▲ 1.26% BBDC4 14.33 ▼ 1.44% ABEV3 15.85 ▲ 0.38% BBAS3 16.89 ▼ 1.23% B3SA3 14.80 ▲ 2.21% WEGE3 51.61 ▲ 1.30% PRIO3 61.47 ▲ 2.42% SUZB3 53.80 ▼ 1.21% RENT3 30.24 ▲ 1.51% AZZA3 15.37 ▲ 4.34% CSAN3 3.03 ▲ 13.06% RAIZ4 0.30 ▼ 98.60% PCAR3 2.54 ▼ 0.78% GMAT3 4.08 ▲ 7.09% PSSA3 45.98 ▼ 1.48% CVCB3 0.86 — 0.00% POSI3 3.32 ▲ 5.40% SLCE3 17.05 ▼ 0.23% NATU3 5.62 ▲ 1.26% BRKM5 2.92 — 0.00% RANI3 8.39 ▼ 0.71% CSNA3 4.52 ▲ 3.20% IBOV 172,060.43 ▲ 0.42% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL 5.58 ▼ 0.01% USD/MXN 18.58 ▼ 0.11% USD/CLP 982.08 ▼ 0.22% USD/COP 3,288 ▼ 0.57% USD/PEN 3.41 ▼ 0.02% USD/ARS 1,544 ▼ 0.03% USD/UYU 40.52 ▲ 3.32% USD/PYG 6,174 ▲ 3.14% USD/BOB 11.63 ▲ 1.12% USD/DOP 60.48 ▲ 0.13% USD/CRC 446.01 ▲ 1.79% USD/GTQ 7.64 ▲ 3.16% USD/HNL 26.90 ▲ 3.29% USD/NIO 36.62 ▲ 2.73% USD/VES 902.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 2.41% USD/TTD 6.72 ▲ 2.22% EUR/BRL 6.19 ▼ 0.62% BRENT 92.70 ▼ 0.06% WTI 86.31 ▼ 0.25% IRON ORE 161.91 — — COPPER 6.22 ▼ 0.87% GOLD 3,941 ▼ 1.48% SILVER 51.06 ▼ 1.58% SOY 1,225 ▼ 0.31% CORN 446.75 ▼ 0.28% WHEAT 598.00 ▼ 0.25% COFFEE 267.45 ▼ 0.58% SUGAR 18.22 ▼ 1.41% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.64 ▲ 5.25% COCOA 4,923 ▲ 3.82% BEEF 218.98 ▼ 0.10% CATTLE 332.63 ▲ 0.69% LITHIUM 61.07 ▲ 1.82% PETR4 43.55 ▼ 3.11% VALE3 64.43 ▼ 0.57% ITUB4 41.72 ▲ 1.26% BBDC4 14.33 ▼ 1.44% ABEV3 15.85 ▲ 0.38% BBAS3 16.89 ▼ 1.23% B3SA3 14.80 ▲ 2.21% WEGE3 51.61 ▲ 1.30% PRIO3 61.47 ▲ 2.42% SUZB3 53.80 ▼ 1.21% RENT3 30.24 ▲ 1.51% AZZA3 15.37 ▲ 4.34% CSAN3 3.03 ▲ 13.06% RAIZ4 0.30 ▼ 98.60% PCAR3 2.54 ▼ 0.78% GMAT3 4.08 ▲ 7.09% PSSA3 45.98 ▼ 1.48% CVCB3 0.86 — 0.00% POSI3 3.32 ▲ 5.40% SLCE3 17.05 ▼ 0.23% NATU3 5.62 ▲ 1.26% BRKM5 2.92 — 0.00% RANI3 8.39 ▼ 0.71% CSNA3 4.52 ▲ 3.20%
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Thursday, November 12, 2026

Brazil Politics - Brazil

Brazilian court rules on cannabis cultivation 

By · · 2 min read

A Brazilian appeals court will decide whether companies and farmers can grow cannabis in South America’s largest country.

This could open the door to legal medicinal and industrial cultivation after legislative efforts stalled in recent years.

The Supreme Court of Justice (STJ) decision, Brazil’s top appellate court for non-constitutional matters, was released on March 14.

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Brazilian court rules on cannabis cultivation 
Brazil allows the sale and manufacture of cannabis products, but companies must import key ingredients.
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It establishes its jurisdiction to set a nationwide precedent regarding importing seeds and cultivating cannabis.

All pending cases regarding permission to grow cannabis in the country will be frozen until the STJ issues a final and binding decision, according to two lawyers prosecuting the case.

Brazil allows the sale and manufacture of cannabis products, but companies must import key ingredients.

The court’s final decision on cannabis, expected within the next year, could make it an enabler on an issue many in Brazil’s conservative-leaning Congress spurned, like the 2011 Supreme Court ruling that paved the way for same-sex marriage.

Cultivation of Cannabis sativa L, the plant from which hemp and marijuana are derived, is banned.

Researchers and cannabis companies have argued that Brazil’s tropical climate is ideally suited to make it a world-leading supplier.

Supporters argue that banning cultivation domestically will increase the final cost of the drugs for consumers who rely on imports.

“Congress is a little afraid to decide on the cannabis issue because it’s controversial,” said Arthur Arsuffi, a lawyer representing biotech startup ‘DNA Soluções em Biotecnologia’ in the case before the STJ.

“This has delayed a decision, and given the number of lawsuits; the judiciary will have to resolve the issue in the end.”

DNA has filed a civil suit demanding the right to import seeds and grow cannabis with higher levels of cannabinoids such as cannabidiol (CBD) and less tetrahydrocannabinol (THC), a psychoactive component of the plant.

Hemp, which contains less than 0.3% THC and much more CBD, is touted by some advocates as beneficial for treating conditions such as epilepsy in children.

José Bacellar, chief executive of pharmaceutical company VerdeMed, said the courts may now lead the way in cannabis policy, as they have in Canada.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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