Missouri voters overwhelmingly approved a ballot initiative last year to legalize medical cannabis. Now the state is overwhelmed with interest from would-be business owners who are eager to capitalize on the new law.
Missouri’s Department of Health and Senior Services said that it received roughly 2,100 applications by the Monday afternoon deadline for medical cannabis facility licenses. By the end of this year, state regulators will winnow that pool of applicants down to just 348 license winners, 192 of which will be for dispensaries, 86 for manufacturing facilities, 60 for cultivation facilities and ten for testing labs.
The state began accepting applications on August 3, with a deadline originally set for August 17. But last week, the Missouri DHSS announced that it would be extending its deadline until Monday afternoon.
“We are expecting a large volume of applications to be submitted during a short window of time,” said Dr. Randall Williams, director of the state DHSS, said in a statement last Thursday. “Hundreds of people pre-filed non-refundable fees, and we haven’t received their official applications just yet. We want to ensure all of our applicants receive excellent customer service.”
Read more at hightimes.com