Missouri regulator opposes new cannabis cultivation licenses awarded to company able to raise local capital for operation
This week, Fraker’s office filed in court to block those new licenses.
Missouri
Cannabis sales plateau in Michigan, as recreational sales replace medical
Michigan’s legal cannabis sales have yet to surpass last July’s $109.5 million peak while Illinois’s sales met what seems to be a seasonal February drop.
No plans yet on when deactivated licenses will be reissued, says Missouri’s top cannabis regulator
Missouri’s top cannabis regulator says they don’t have plans yet for when and how they will reissue the 29 medical marijuana licenses deactivated so far.
Missouri provides list of 29 deactivated cannabis licenses
The Missouri Department of Health and Senior Services released a list of 29 deactivated marijuana licenses Friday, after Grown In inquired about a chart posted on the agency’s website in late January, and then taken down.
Missouri cannabis advocate Karin Spinks Chester plans 2021 expo as a “bookend of the plague”
Karin Spinks Chester’s May Midwest Canna Expo may be just the antidote for Missouri’s medical marijuana entrepreneurs looking to reconvene after Covid.
Missouri Supreme Court guidance throws confusion onto state’s burgeoning cannabis market
The Missouri Supreme Court says attorneys should not assist clients with businesses that violate federal law. The legal community is staying mum on the issue.
Illinois cannabis sales grew 94% in 2020
Illinois dispensaries could be selling $236 million in cannabis a month by December 2021.
Almost three quarters of Missouri cultivators have gotten operation extensions, says state
“There’s always exceptions to these rules. There’s always exceptions. That’s really it.”
Midwest marijuana patient numbers reflect market conditions
About 12% of registered Michigan marijuana patients gave up their cards between September 2019 and September 2020.
Cannabis cultivation capital constraints in Missouri no surprise to out of state investors
Due to residency requirements that prohibit selling majority ownership stakes to out of state investors, a large number of cultivation license owners are pitching a finite pool of prospective local financiers who are comfortable putting money into startups growing weed.
