Missouri Medical Cannabis Business & Marijuana Legal News

Missouri denies medical cannabis traceability contract challenge by BioTrackTHC

Missouri regulators shot down a protest by Florida-based BioTrackTHC over the Show-Me State’s medical marijuana seed-to-sale contract. BioTrackTHC said the state shouldn’t have awarded the traceability contract to competitor Franwell, the Florida-based maker of Metrc, because it could contain hidden costs for cannabis license holders, the St. Louis Post-Dispatch reported. However, the state said the […]

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Missouri’s Triad Bank now offering services to cannabis businesses

Missouri’s medical marijuana industry has yet to launch, but that hasn’t stopped one local bank from stepping up to provide services. Triad Bank, based in St. Louis suburb Frontenac, is offering deposit services to marijuana-related businesses such as processors, cultivators and dispensaries, CEO Jim Regna told Marijuana Business Daily. The bank is well aware of […]

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Deadline looms for public comment on MO medical cannabis program rules

Missouri regulators put out a call for public feedback on rules and regulations for the state’s medical marijuana program, and the deadline is rapidly approaching. The Missouri Department of Health and Senior Services posted draft rules online with a May 15 cutoff for public comment. The rules are expected to be finalized by June 4, and would-be […]

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Missouri to license 60 medical marijuana growers, 190-plus dispensaries

Missouri medical marijuana regulators announced they plan to issue 60 cultivation, 86 processing and 192 dispensary licenses in the state’s initial MMJ permitting round. Businesses can obtain applications online June 4. The state will accept them Aug. 3-17, with final scoring scheduled by the end of 2019. For more details – and links to various […]

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Medical cannabis licensing and tracking contract faces challenge in Missouri

Florida-based BioTrackTHC filed a protest with Missouri marijuana regulators over a decision to award a medical cannabis licensing and seed-to-sale tracking contract to Metrc in the Show-Me State. BioTrack alleges the scoring was tainted because Franwell, the maker of Metrc – which also is based in Florida – didn’t disclose fees to growers and other […]

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Marijuana Business This Week: AG’s on the clock, bevy of legislation, medical MJ lottery, Harvest Health earnings & more

Here are some notable stories and events to watch for in the coming days: BARR DEADLINE: Wednesday is the deadline set by a group of senators for U.S. Attorney General William Barr to give them answers about increasing the number of federally authorized growers of marijuana for research purposes. In a letter sent to Barr earlier this […]

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MO medical marijuana application process begins Aug. 3; sales in January?

Missouri will begin accepting medical cannabis cultivation, processing and dispensary applications on Aug. 3. Regulators will make licensing decisions in December, and they anticipate medical marijuana products could be available for sale as soon as January 2020. The state began accepting “pre-filed application fees” Jan. 5, 2019. As of March 28, the state reported it […]

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Medical cannabis study: Fewer licensees needed to meet potential low MO demand

Missouri will need only 24 to 29 medical marijuana cultivators and 114 to 132 dispensaries to meet patient demand, which a new study predicts will fall far below expectations. Only 26,000 qualifying patients will exist in Missouri by 2022, predicted an economic study conducted by the University of Missouri. The Springfield News-Leader reported the study. […]

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Missouri regulators vow to meet medical marijuana demand

Missouri regulators will license more medical cannabis businesses if the first wave of more than 300 doesn’t satisfy demand. Lyndall Fraker, medical marijuana program director for the Missouri Department of Health and Senior Services, said the state is willing to take any necessary steps to provide adequate supply to patients. For more details about Missouri’s […]

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Missouri gets 400-plus applications for medical cannabis business permits

Business interest in Missouri’s medical marijuana program remains strong, with the state receiving more than 400 applications for retail, cultivation and processor licenses. The state reported that 418 business application forms have been filed, generating more than $3 million in “pre-license” fees for the state. The state started taking the forms last month. The breakdown in […]

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