“The GDF Cartel has—through a combination of price-fixing, product- and supplier-allocation agreements, and coordinated exclusionary conduct—unlawfully seized control of the Missouri retail dispensary market.”
By Rebecca Rivas, Missouri Independent
When Missouri voters legalized recreational marijuana in 2022, the constitutional amendment they approved carried forward a limit meant to prevent any single company from controlling too much of the market.
But one key phrase from the state’s medical marijuana law was gone.
The constitution’s medical marijuana provision barred the state from issuing more than five dispensary licenses to any entity under “substantially common control, ownership, or management.” The recreational marijuana amendment instead says an entity may not own more than 10 percent of total dispensary licenses, dropping the language covering common control and management.
That change received little public attention during the campaign. But records obtained by The Independent show it helped create an opening for Good Day Farm, the Little Rock-based marijuana company that was the leading donor to the legalization campaign, to build a much larger footprint in Missouri than the state’s license cap might appear to allow.
Good Day Farm and affiliated entities are now tied through ownership records, management structures and acquisition agreements to more than 60
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