Brazil Daily

Brazil bars marijuana monopoly

Good morning! We’re covering today Brazil’s promising cannabis market. A drop in Brazilian soybean exports. And a move to keep Brazil within Mercosur. (This newsletter is for platinum subscribers only. Become one now!)

No monopoly in Brazil’s future cannabis market

Brazilian pharmaceutical company Prati-Donaduzzi, from the state of Paraná, tried to patent cannabis oil-based products as its own invention. Prati-Donaduzzi was the first firm to produce 100-percent Brazilian cannabis oil, but its patent request was blocked by the National Institute of Industrial Property (Inpi) for not meeting the standards of a true “invention” (cannabidiol was first isolated in the 1940s...

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