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

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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.

That’s a far cry from the 200,000 patients that backers of the state’s medical marijuana law anticipated last year.

Despite potential for low demand, the state’s Department of Health and Senior Services plans to award the minimum number of licenses required by law:

  • 192 dispensaries
  • 60 cultivation sites
  • 86 infused product manufacturers
  • Two testing laboratories

To read more about the study, click here.