Second round for Missouri cannabis microbusiness applications set for April

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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 and Senior Services.

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.

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.