Missouri’s medical marijuana dispensaries sold nearly $16.4 million worth of product in June, bringing the yearly total in the state to more than $70 million.
Medical marijuana sales in Missouri launched in October 2020, and 126 dispensaries are now selling cannabis across the state, according to Quincy, Illinois, TV station KHQA.
A total of 201 medical cannabis businesses, including manufacturers, laboratories and transporters, operate in Missouri.
In all, 375 facilities have medical marijuana permits.
The market could reach $225 million-$300 million in sales this year alone, according to the 2021 MJBizFactbook.
Missouri’s MMJ program has had its share of hiccups, however.
In a recent development, a federal judge in Missouri ruled in favor of a Pennsylvania investor who sued regulators over a residency requirement for MMJ business owners.