Second round for Missouri cannabis microbusiness applications set for April
Missouri regulators will begin accepting the second round of adult-use cannabis microbusiness applications April 15-29.
Missouri regulators will begin accepting the second round of adult-use cannabis microbusiness applications April 15-29.
Marijuana industry veterans say track-and-trace systems meet their cultivation and production expectations but are lacking in retail functionality.
Missouri legal retailers reported selling more than $1.3 billion worth of medical and adult-use marijuana last year.
The transition from a medical marijuana market to adult-use retail presents new business opportunities, an exponentially wider customer base and, generally, a significant growth driver for licensed cannabis companies.
Year-over-year marijuana sales-growth rates varied in 2023, with new markets continuing to grow and established markets not declining as much.
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.
With 23 state contracts for cannabis track-and-trace software, Metrc dominates the space. But operators question the need for the software.