Missouri regulators will begin accepting the second round of adult-use cannabis microbusiness applications April 15-29.
Forty-eight new retail and wholesale microbusiness licenses will be awarded by lottery and announced in July, according to a news release from the state’s Department of Health & Senior Services.
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Applications will be received through the state’s online registry portal.
Microbusinesses were designed to give marginalized individuals opportunities in Missouri’s adult-use cannabis industry, which launched Feb. 3, 2023.
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The first round of cannabis microbusiness licenses were awarded in October.
The adult-use and medical cannabis markets in Missouri combined for $1.3 billion in sales last year.
Read full article on Marijuana Business Daily
