A new state-issued report on Missouri’s cannabis industry provides new insights regarding the application process, approvals and disqualifications for newly created microbusiness licenses.
The microbusiness licenses were designed to allow “marginalized or under-represented individuals to participate in the legal marijuana market,” according to an April news release issued by the Missouri Department of Health and Senior Services (DHSS), the state’s cannabis regulator.
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According to the “Chief Equity Officer 2023 Activity Report,” more than 40% of the 1,625 microbusiness applications filed between July 27 and Aug. 10 originated from out-of-staters, who are eligible for those licenses if they meet one of several criteria.
In October, the health department’s Division of Cannabis Regulation awarded 48 cannabis microbusiness licenses from that batch of applicants.
The Missouri findings were
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