US (MO): Adult-use industry is rolling after easing supply issues

The industry has sold more than $715 million of cannabis in the nearly 7 months since recreational sales began in February. There are now some 200 weed dispensaries spread across the state.
Nearly seven months after legal recreational cannabis sales began in Missouri, the state’s program appears to be strong.

The industry has sold more than $715 million of cannabis in that time, with adult-use products accounting for nearly $550 million of that total. And some of the supply constraints from months ago have eased, said Jack Cardetti, spokesman for the Missouri Cannabis Trade Association. “We’re really seeing supply start to catch up to demand,” he said. “With only six months into our program, there’s a lot of variety that’s on the shelves and a lot of quality products.”

Those early supply hurdles kept some dispensaries, like Mint Cannabis’ St. Peter’s location, from opening earlier this year. That location’s first official day of business was this past Saturday, said Raul Molina, chief operations officer for Mint Cannabis, a national cannabis chain with locations open in Arizona, Michigan, and Missouri.

“We didn’t want to go out there and start with limited amounts of flowers and vapes, which is what we had available when we were first allowed to open,” he said. “When we felt we could properly stock our stores is when we finally figured it was our time to go and see what we could do in the Show-Me State.”


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