Things to Consider When Entering the Cannabis Industry in Missouri
Posted by Toker Grace on Dec 31, 2019 12:35:32 PM
Missouri is a stable place where prospective facilities manager can distribute medical cannabis. Here are a few essential factors that potential cannabis business owners and operators ought to consider when establishing a successful as well as legally sound cannabis dispensary in Missouri.
Disclaimer: Cannabis laws vary from upon state. Although these key points are important when choosing to open a dispensary, This article is not legally-binding professional advice. Business owners, investors, and operators must acquire the appropriate legal counsel in the state of Missouri when considering opening a dispensary or obtaining a medical marijuana card.
Process of Obtaining a License in Missouri
There are a handful of licenses revolving around cannabis in the state of Missouri. These include Cultivation, Transportation, Manufacturing, Testing, and Facilities licenses.
Marijuana Cultivation License
The state of Missouri offers a Marijuana Cultivation License. This type of license allows entities to grow cannabis with an intent to harvest, produce dry, trim, manicure as well as package cannabis in bulk for sale at a wholesale price to cannabis processor license holders as well as additional cannabis producer license holders. Moreover, a Marijuana Cultivation License also allows the production and selling of the following cannabis-related products:
- 1. Cannabis plants, seeds as well as plant matter and culture to other marijuana producer holders
- 2. Immature cannabis plants or clones as well as cannabis seeds to members of a registered cooperating entity, qualifying marijuana patients, or listed cannabis providers;
- 3. Immature cannabis plants or clones, as well as cannabis seeds to licensed cannabis researchers.
Marijuana Manufacturing License
The next type of license prospective business owners may be interested in obtaining in Missouri is the Marijuana Manufacturing License. This type of license allows license holders to process, dry, manicure, label as well as package consumable cannabis, and cannabis concentrates, as well as cannabis-infused products intended for sale at wholesale value to additional marijuana manufacturers as well as marijuana retailers.
Marijuana Transporter License
Another type of license available in Missouri is a unique form of license, known as is the Marijuana Transporter License. This type of license allows individuals to transport exclusively consumable cannabis, and cannabis concentrates, cannabis-infused products, cannabis equipage. One can also sell securable containers to store cannabis within the Missouri state limits to additional license holders.
Marijuana Dispensary and Facilities Licenses
The final types of licenses available in Missouri are quite similar. They are the Marijuana Dispensary License and Marijuana Facilities License. This type of license allows license holders to sell dry cannabis exclusively, cannabis concentrates, and edibles to individuals who possess a Medical Marijuana Card.
The fees for these licenses range from $6,000 to $15,000.
Cannabis Purchasing Limits in Missouri
Cannabis laws in Missouri are still in need of advancement. Currently, only individuals who possess a medical marijuana card can purchase cannabis in Missouri. Moreover, cannabis is only decriminalized in specific jurisdictions. The state is likely to expand its decriminalization and even legalization steps in the following legislative season. The current limits outlined by the governing bodies are:
- No more than 4 ounces in a 30-day window
Most cannabis consumers will agree that is amount is more than enough for a month.
Cannabis Businesses and Advertising
Since the state of Missouri currently only offers medical cannabis, advertising is severely strict. Cannabis companies may not display cannabis, cannabis accessories, or advertisements that can be witnessed by the general public outside of the actual dispensary. Moreover, any signage that is visible to the outside public can only contain the name of the business, address, phone number as well as website. It is not allowed to contain any images of cannabis, cannabis accessories, or suggestive images associated with cannabis such as smoke. Promotions and coupons are also prohibited.
Additional Cannabis Regulatory Information
Getting into the cannabis industry in the state of Missouri is a delicate process and requires a tightrope approach to prevent the revocation of licenses. Be sure to consult with the proper entities when advertising cannabis products.