IBOV 176,882 ▼ 0.55% IPSA 10,929 ▼ 1.15% IPC MEX 66,414 ▼ 0.12% MERVAL 3,274,485 ▼ 0.17% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,917.82 ▲ 0.04% USD/BRL5.13▲ 0.34% USD/MXN17.49▲ 0.14% USD/CLP927.74▲ 0.31% USD/COP3,237▼ 0.27% USD/PEN3.41▲ 0.41% USD/ARS1,486▼ 0.10% USD/UYU 40.22 — 0.00% USD/PYG6,045▼ 0.17% USD/BOB10.35▲ 2.07% USD/DOP58.37▼ 0.19% USD/CRC448.53▼ 0.06% USD/GTQ7.62▼ 0.10% USD/HNL26.73▲ 0.04% USD/NIO 36.62 — 0.00% USD/VES719.54▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▼ 0.25% USD/TTD6.74▼ 0.12% EUR/BRL5.84▲ 0.39% BRENT 79.30 ▲ 4.33% WTI 74.55 ▲ 4.40% IRON ORE 161.91 — — COPPER 6.33 ▲ 1.58% GOLD 4,020 ▼ 2.06% SILVER 58.35 ▼ 2.44% SOY 1,197 ▲ 0.02% CORN 467.25 ▲ 6.68% WHEAT 640.50 ▲ 1.34% COFFEE 329.95 ▼ 3.80% SUGAR 14.69 ▼ 1.28% ORANGE JUICE 140.35 ▼ 5.07% COTTON 82.94 ▲ 3.78% COCOA 5,812 ▼ 1.81% BEEF 231.65 ▼ 1.51% CATTLE 357.83 ▲ 0.91% LITHIUM 70.87 ▼ 2.00% PETR4 40.71 ▲ 2.67% VALE3 73.31 ▼ 1.17% ITUB4 43.82 ▼ 1.08% BBDC4 18.82 ▼ 0.21% ABEV3 15.94 ▲ 0.76% BBAS3 20.35 ▼ 1.12% B3SA3 15.16 ▼ 1.69% WEGE3 44.83 ▼ 3.61% PRIO3 56.10 ▲ 1.17% SUZB3 41.73 ▲ 0.43% RENT3 40.69 ▼ 1.00% AZZA3 18.96 ▼ 0.73% CSAN3 3.99 ▼ 1.97% RAIZ4 0.34 ▼ 2.86% PCAR3 2.65 ▼ 2.93% GMAT3 3.99 ▲ 0.50% PSSA3 54.40 ▼ 1.04% CVCB3 1.24 ▼ 0.80% POSI3 3.92 ▼ 1.26% SLCE3 13.97 ▼ 0.36% NATU3 8.66 ▼ 0.23% BRKM5 6.71 ▲ 1.21% RANI3 8.00 ▼ 0.12% CSNA3 5.30 ▲ 2.32% CMIN3 5.43 ▲ 3.82% USIM5 8.46 ▲ 0.12% GGBR4 23.05 ▲ 0.17% ENEV3 27.24 ▼ 1.13% CPFE3 47.26 ▼ 1.27% CMIG4 11.16 ▼ 1.93% EQTL3 40.25 ▼ 1.61% LREN3 14.32 ▼ 2.05% VIVT3 35.52 ▼ 0.64% RAIL3 14.15 ▼ 1.46% KLABIN 17.61 ▲ 0.40% RAIA DROGASIL 18.54 ▼ 1.23% RDOR3 35.68 ▼ 0.94% HAPV3 10.58 ▼ 0.19% FLRY3 16.26 ▼ 0.97% SMTO3 16.57 ▲ 1.22% UGPA3 31.05 ▲ 1.11% VBBR3 33.27 ▲ 0.82% BBSE3 40.30 ▼ 0.12% BPAC11 57.90 ▼ 1.41% CURY3 33.48 ▼ 2.13% AERI3 2.05 ▼ 1.91% VIVARA 23.28 ▼ 1.06% COMPASS 25.31 ▼ 0.75% VAMOS 3.04 ▼ 0.65% SANB11 27.20 ▼ 1.52% ASAI3 8.81 ▼ 0.68% SBSP3 30.69 ▼ 1.35% WALMEX 49.69 ▲ 0.75% GMEXICO 197.66 ▼ 0.79% FEMSA 226.57 ▲ 1.46% CEMEX 21.70 ▼ 0.73% GFNORTE 184.98 ▼ 0.86% BIMBO 56.45 ▲ 0.62% TELEVISA 9.58 ▼ 1.54% AMX 23.18 ▲ 2.11% GAP 410.99 ▼ 0.36% ASUR 279.93 ▼ 1.82% OMA 233.68 ▼ 1.18% KOF 182.07 ▲ 1.07% GRUMA 283.00 ▼ 0.19% KIMBER 38.23 ▲ 0.42% SQM-B 67,001 ▼ 1.11% COPEC 6,057 ▼ 1.33% BSANTANDER 78.07 ▼ 1.18% FALABELLA 5,888 ▼ 0.29% ENELAM 84.27 ▼ 1.32% CENCOSUD 2,041 ▼ 0.21% CMPC 1,093 ▼ 1.45% BANCO CHILE 185.92 ▼ 1.57% LATAM AIR 25.44 ▼ 3.12% YPF 77,250 ▲ 3.83% GGAL 8,200 ▼ 1.62% PAMPA 5,275 ▲ 1.83% TXAR 669.00 ▼ 0.30% ALUAR 979.50 ▲ 0.41% TGS 9,685 ▲ 0.94% CEPU 2,374 ▼ 0.92% MIRGOR 17,100 ▼ 0.87% COME 45.65 ▼ 0.57% LOMA NEGRA 3,523 ▼ 1.67% BYMA 312.50 ▼ 0.48% TELECOM ARG 4,233 ▼ 0.29% ECOPETROL 15.77 ▲ 1.22% BANCOLOMBIA 81.48 ▼ 1.77% GRUPO AVAL 5.02 ▼ 0.99% CREDICORP 395.65 ▼ 1.29% SOUTHERN COPPER 178.22 ▲ 1.36% BUENAVENTURA 30.01 ▲ 0.03% MERCADOLIBRE 1,879 ▲ 1.47% NUBANK 13.85 ▲ 0.62% XP 16.51 ▼ 2.42% PAGSEGURO 9.36 ▲ 1.19% STONE 11.17 ▼ 0.40% GLOBANT 31.73 ▲ 5.91% TECNOGLASS 42.64 ▼ 2.87% GAP AIRPORT 234.29 ▼ 0.57% ASUR 279.93 ▼ 1.82% OMA AIRPORT 106.94 ▼ 1.02% AMX ADR 26.45 ▲ 1.69% FEMSA ADR 129.63 ▲ 1.54% CEMEX ADR 12.45 ▼ 0.28% PETROBRAS ADR 17.82 ▲ 2.89% VALE ADR 14.29 ▼ 1.21% ITAU ADR 8.54 ▼ 0.93% SANTANDER BR 5.34 ▼ 1.02% AMBEV ADR 3.09 ▲ 0.74% CSN 1.04 ▲ 2.48% GERDAU 4.52 ▲ 0.33% LATAM ADR 54.91 ▼ 2.74% BTC 62,710 ▼ 1.64% ETH 1,776 ▼ 1.65% SOL 75.94 ▼ 1.21% XRP 1.08 ▼ 0.98% BNB 569.54 ▼ 0.77% ADA 0.16 ▼ 1.58% DOGE 0.07 ▼ 0.54% AVAX 6.62 ▲ 3.41% LINK 7.95 ▼ 0.53% DOT 0.84 ▼ 0.97% LTC 43.56 ▼ 0.93% BCH 238.83 ▼ 0.47% TRX 0.33 ▼ 1.61% XLM 0.18 ▼ 1.24% HBAR 0.07 ▼ 1.04% NEAR 1.96 ▲ 3.78% ATOM 1.55 ▼ 1.16% AAVE 95.53 ▼ 1.58% SELIC 14.25% EMBRAER 83.14 ▼ 1.73% EMBRAER ADR 64.88 ▼ 1.71% JBS 11.89 ▼ 0.17% JBS BDR 60.58 ▼ 0.33% MBRF3 15.45 ▼ 0.64% MBRFY 2.92 ▼ 3.31% INTER 5.68 ▼ 2.49% EGX 52,608 ▲ 0.67% USD/ZAR16.40▲ 0.44% USD/NGN1,378▼ 0.05% NIKKEI 67,243 ▼ 1.92% CSI300 4,695 ▼ 1.79% HSI 24,214 ▲ 0.16% NIFTY 24,211 ▲ 0.02% KOSPI 6,807 ▼ 8.95% JCI 6,038 ▲ 1.92% USD/JPY162.36▲ 0.40% USD/CNY6.78▲ 0.03% DAX 25,061 ▼ 0.02% CAC 8,348 ▲ 0.11% FTSE 10,487 ▼ 0.10% MIB 52,748 ▲ 0.25% IBEX 19,332 ▼ 0.27% STOXX 640.01 ▼ 0.17% EUR/USD1.14— 0.00% GBP/USD1.34▼ 0.11% SPX 7,555 ▼ 0.27% DJI 52,582 ▼ 0.10% NDX 29,528 ▼ 0.99% RUT 2,964 ▼ 0.48% TSX 35,284 ▼ 0.06% VIX 16.46 ▲ 9.51% USD/CAD1.41▼ 0.15% US10Y 4.5930 ▲ 0.53% IBOV 176,882 ▼ 0.55% IPSA 10,929 ▼ 1.15% IPC MEX 66,414 ▼ 0.12% MERVAL 3,274,485 ▼ 0.17% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,917.82 ▲ 0.04% USD/BRL 5.13 ▲ 0.34% USD/MXN 17.49 ▲ 0.12% USD/CLP 927.74 ▲ 0.31% USD/COP 3,237 ▼ 0.27% USD/PEN 3.40 ▲ 0.27% USD/ARS 1,486 ▼ 0.10% USD/UYU 40.22 — 0.00% USD/PYG 6,045 ▼ 0.17% USD/BOB 10.35 ▲ 2.07% USD/DOP 58.37 ▼ 0.19% USD/CRC 448.53 ▼ 0.06% USD/GTQ 7.62 ▼ 0.10% USD/HNL 26.73 ▲ 0.04% USD/NIO 36.62 — 0.00% USD/VES 719.54 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 0.15% USD/TTD 6.74 ▲ 1.31% EUR/BRL 5.84 ▲ 0.39% BRENT 79.30 ▲ 4.33% WTI 74.55 ▲ 4.40% IRON ORE 161.91 — — COPPER 6.33 ▲ 1.58% GOLD 4,020 ▼ 2.06% SILVER 58.35 ▼ 2.44% SOY 1,197 ▲ 0.02% CORN 467.25 ▲ 6.68% WHEAT 640.50 ▲ 1.34% COFFEE 329.95 ▼ 3.80% SUGAR 14.69 ▼ 1.28% ORANGE JUICE 140.35 ▼ 5.07% COTTON 82.94 ▲ 3.78% COCOA 5,812 ▼ 1.81% BEEF 231.65 ▼ 1.51% CATTLE 357.83 ▲ 0.91% LITHIUM 70.87 ▼ 2.00% PETR4 40.71 ▲ 2.67% VALE3 73.31 ▼ 1.17% ITUB4 43.82 ▼ 1.08% BBDC4 18.82 ▼ 0.21% ABEV3 15.94 ▲ 0.76% BBAS3 20.35 ▼ 1.12% B3SA3 15.16 ▼ 1.69% WEGE3 44.83 ▼ 3.61% PRIO3 56.10 ▲ 1.17% SUZB3 41.73 ▲ 0.43% RENT3 40.69 ▼ 1.00% AZZA3 18.96 ▼ 0.73% CSAN3 3.99 ▼ 1.97% RAIZ4 0.34 ▼ 2.86% PCAR3 2.65 ▼ 2.93% GMAT3 3.99 ▲ 0.50% PSSA3 54.40 ▼ 1.04% CVCB3 1.24 ▼ 0.80% POSI3 3.92 ▼ 1.26% SLCE3 13.97 ▼ 0.36% NATU3 8.66 ▼ 0.23% BRKM5 6.71 ▲ 1.21% RANI3 8.00 ▼ 0.12% CSNA3 5.30 ▲ 2.32% CMIN3 5.43 ▲ 3.82% USIM5 8.46 ▲ 0.12% GGBR4 23.05 ▲ 0.17% ENEV3 27.24 ▼ 1.13% CPFE3 47.26 ▼ 1.27% CMIG4 11.16 ▼ 1.93% EQTL3 40.25 ▼ 1.61% LREN3 14.32 ▼ 2.05% VIVT3 35.52 ▼ 0.64% RAIL3 14.15 ▼ 1.46% KLABIN 17.61 ▲ 0.40% RAIA DROGASIL 18.54 ▼ 1.23% RDOR3 35.68 ▼ 0.94% HAPV3 10.58 ▼ 0.19% FLRY3 16.26 ▼ 0.97% SMTO3 16.57 ▲ 1.22% UGPA3 31.05 ▲ 1.11% VBBR3 33.27 ▲ 0.82% BBSE3 40.30 ▼ 0.12% BPAC11 57.90 ▼ 1.41% CURY3 33.48 ▼ 2.13% AERI3 2.05 ▼ 1.91% VIVARA 23.28 ▼ 1.06% COMPASS 25.31 ▼ 0.75% VAMOS 3.04 ▼ 0.65% SANB11 27.20 ▼ 1.52% ASAI3 8.81 ▼ 0.68% SBSP3 30.69 ▼ 1.35% WALMEX 49.69 ▲ 0.75% GMEXICO 197.66 ▼ 0.79% FEMSA 226.57 ▲ 1.46% CEMEX 21.70 ▼ 0.73% GFNORTE 184.98 ▼ 0.86% BIMBO 56.45 ▲ 0.62% TELEVISA 9.58 ▼ 1.54% AMX 23.18 ▲ 2.11% GAP 410.99 ▼ 0.36% ASUR 279.93 ▼ 1.82% OMA 233.68 ▼ 1.18% KOF 182.07 ▲ 1.07% GRUMA 283.00 ▼ 0.19% KIMBER 38.23 ▲ 0.42% SQM-B 67,001 ▼ 1.11% COPEC 6,057 ▼ 1.33% BSANTANDER 78.07 ▼ 1.18% FALABELLA 5,888 ▼ 0.29% ENELAM 84.27 ▼ 1.32% CENCOSUD 2,041 ▼ 0.21% CMPC 1,093 ▼ 1.45% BANCO CHILE 185.92 ▼ 1.57% LATAM AIR 25.44 ▼ 3.12% YPF 77,250 ▲ 3.83% GGAL 8,200 ▼ 1.62% PAMPA 5,275 ▲ 1.83% TXAR 669.00 ▼ 0.30% ALUAR 979.50 ▲ 0.41% TGS 9,685 ▲ 0.94% CEPU 2,374 ▼ 0.92% MIRGOR 17,100 ▼ 0.87% COME 45.65 ▼ 0.57% LOMA NEGRA 3,523 ▼ 1.67% BYMA 312.50 ▼ 0.48% TELECOM ARG 4,233 ▼ 0.29% ECOPETROL 15.77 ▲ 1.22% BANCOLOMBIA 81.48 ▼ 1.77% GRUPO AVAL 5.02 ▼ 0.99% CREDICORP 395.65 ▼ 1.29% SOUTHERN COPPER 178.22 ▲ 1.36% BUENAVENTURA 30.01 ▲ 0.03% MERCADOLIBRE 1,879 ▲ 1.47% NUBANK 13.85 ▲ 0.62% XP 16.51 ▼ 2.42% PAGSEGURO 9.36 ▲ 1.19% STONE 11.17 ▼ 0.40% GLOBANT 31.73 ▲ 5.91% TECNOGLASS 42.64 ▼ 2.87% GAP AIRPORT 234.29 ▼ 0.57% ASUR 279.93 ▼ 1.82% OMA AIRPORT 106.94 ▼ 1.02% AMX ADR 26.45 ▲ 1.69% FEMSA ADR 129.63 ▲ 1.54% CEMEX ADR 12.45 ▼ 0.28% PETROBRAS ADR 17.82 ▲ 2.89% VALE ADR 14.29 ▼ 1.21% ITAU ADR 8.54 ▼ 0.93% SANTANDER BR 5.34 ▼ 1.02% AMBEV ADR 3.09 ▲ 0.74% CSN 1.04 ▲ 2.48% GERDAU 4.52 ▲ 0.33% LATAM ADR 54.91 ▼ 2.74% BTC 62,710 ▼ 1.64% ETH 1,776 ▼ 1.65% SOL 75.94 ▼ 1.21% XRP 1.08 ▼ 0.98% BNB 569.54 ▼ 0.77% ADA 0.16 ▼ 1.58% DOGE 0.07 ▼ 0.54% AVAX 6.62 ▲ 3.41% LINK 7.95 ▼ 0.53% DOT 0.84 ▼ 0.97% LTC 43.56 ▼ 0.93% BCH 238.83 ▼ 0.47% TRX 0.33 ▼ 1.61% XLM 0.18 ▼ 1.24% HBAR 0.07 ▼ 1.04% NEAR 1.96 ▲ 3.78% ATOM 1.55 ▼ 1.16% AAVE 95.53 ▼ 1.58% SELIC 14.25% EMBRAER 83.14 ▼ 1.73% EMBRAER ADR 64.88 ▼ 1.71% JBS 11.89 ▼ 0.17% JBS BDR 60.58 ▼ 0.33% MBRF3 15.45 ▼ 0.64% MBRFY 2.92 ▼ 3.31% INTER 5.68 ▼ 2.49% EGX 52,608 ▲ 0.67% USD/ZAR 16.38 ▲ 0.23% USD/NGN 1,378 ▲ 0.15% NIKKEI 67,243 ▼ 1.92% CSI300 4,695 ▼ 1.79% HSI 24,214 ▲ 0.16% NIFTY 24,211 ▲ 0.02% KOSPI 6,807 ▼ 8.95% JCI 6,038 ▲ 1.92% USD/JPY 162.34 ▲ 0.42% USD/CNY 6.7684 ▲ 0.03% DAX 25,061 ▼ 0.02% CAC 8,348 ▲ 0.11% FTSE 10,487 ▼ 0.10% MIB 52,748 ▲ 0.25% IBEX 19,332 ▼ 0.27% STOXX 640.01 ▼ 0.17% EUR/USD 1.1409 ▼ 0.09% GBP/USD 1.3379 ▼ 0.14% SPX 7,555 ▼ 0.27% DJI 52,582 ▼ 0.10% NDX 29,528 ▼ 0.99% RUT 2,964 ▼ 0.48% TSX 35,284 ▼ 0.06% VIX 16.46 ▲ 9.51% USD/CAD 1.4143 ▼ 0.06% US10Y 4.5930 ▲ 0.53%
since 2009
Monday, July 13, 2026

Brazil Life & Society

Why Liberation of Medicinal Marijuana Failed to Fully Please its Advocates

By · December 4, 2019 · 4 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

RIO DE JANEIRO, BRAZIL – The National Health Surveillance Agency (ANVISA) approved on Tuesday the marketing of medicines made from cannabis, the substance of marijuana, for medicinal use in pharmacies in Brazil. The measure was approved unanimously. It becomes effective 90 days after its publication in the Federal Gazette and is valid for three years, at which time it may be reviewed.

The regulation approved by ANVISA requires manufacturing companies to have a certificate issued by the agency, special authorizations, technical documentation and operational control conditions.
The regulation approved by ANVISA requires manufacturing companies to have a certificate issued by the agency, special authorizations, technical documentation and operational control conditions. (Photo internet reproduction)
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

Also on Tuesday, the Agency vetoed the proposal to authorize the planting and cultivation of marijuana for medicinal purposes, which requires importation of the marketed substance by manufacturers. Despite being regarded as a major step in the acceptance of the use of cannabis as a medicine, this liberation failed to fully please the advocates of marijuana for the treatment of diseases.

The regulation approved by ANVISA requires manufacturing companies to have a certificate issued by the agency, special authorizations, technical documentation and operational control conditions.

“ANVISA implies that the company will build a bunker to produce the drug. It seems that they are worried about a nuclear bomb”, opines Leonardo Navarro, an attorney specializing in the right to health. “I don’t know of any Brazilian company that meets these requirements,” he says.

According to the attorney, ANVISA’s regulations, together with the ban on cultivation in Brazilian soil, makes the use of imported cannabis obligatory for marketing within Brazil. He argues that the Agency’s measure does not meet society’s demand, since, despite the increased opportunity for registration, medicines from abroad reach Brazil at a very high price.

“The history of cannabis derivatives regulated in Brazil includes only Mevatyl, an imported product that costs R$2800 (US$700) per bottle. And this will remain an obstacle in the access to treatment”.

In addition to the exclusivity of imported marijuana, the criteria established by the agency also hinder the production of medicines among associations and NGOs that work for patient access to medicinal marijuana in national territory.

he National Health Surveillance Agency (ANVISA) approved on Tuesday the marketing of medicines made from cannabis, the substance of marijuana, for medicinal use in pharmacies in Brazil.
The National Health Surveillance Agency (ANVISA) approved on Tuesday, December 3rd, the marketing of medicines made from cannabis, the substance of marijuana, for medicinal use in pharmacies in Brazil. (Photo internet reproduction)

“The measure links the sale of cannabis to the pharmaceutical industry,” said Navarro. “There are NGOs that carry out advanced work in the field, with doctors, biochemists, pharmacists and patients with results, and this regulation makes their work unfeasible. They represent a scientific study that the government is not regulating”, he adds.

The marketed drugs will not be classified as medicines in the first three years of the measure, but will represent a new category: ‘cannabis products’. They can only be sold in pharmacies and drugstores without manipulation and under medical prescription.

The substances extracted from marijuana have been proven to act as antidepressants, painkillers, sedatives, appetite stimulants and anticonvulsants and are effective in treating diseases such as epilepsy, Parkinson’s disease, multiple sclerosis, schizophrenia, asthma and chronic pain.

Navarro emphasizes that, in order to include greater regulation than what ANVISA has done and democratize the medicinal use of cannabis, Brazil should follow the example of countries that have achieved productive results without abolishing the veto on the drug.

“In some countries, planting is done at army bases. There are several ways to enable cultivation so that companies have access to raw materials without disturbing the ban on recreational use,” he says. The inability to grow the plant to manufacture the medicine in Brazilian territory, according to the attorney, is the greatest hindrance to production in the country. According to ANVISA, if manufacturers wish to venture into Brazil, they should “carry out the import of semi-finished raw material, and not the plant or part of it”.

ANVISA's decision may not be vetoed, but it will be evaluated within three years.
ANVISA’s decision may not be vetoed, but it will be evaluated within three years. (Photo internet reproduction)

ANVISA’s decision may not be vetoed, but it will be evaluated within three years. Government or Congress may also propose a measure contrary to the agency’s regulations. Navarro suggests the potential for a legislative move in favor of new criteria on the use of medicinal marijuana in the country in 2020, since the issue is already being discussed in bills.

“The trend is to have a broad regulation to make medicinal cultivation viable for those who want it in Brazil, as long as it meets certain requirements. It should contemplate more cases than ANVISA’s measure,” says the expert on the right to health.

“The agency is right to deal with the issue because it had never effectively addressed the registration of these drugs. But, with these specific criteria, it excludes the important work of associations and NGOs. It is a step forward, but it does not take into account society’s demands”.

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.