MJBizMag August 2020 - 108

MarketAtAGlance | Missouri
Missouri regulators approved the first medical cannabis cultivation company in the state in June, extending the expected
sales launch into the fourth quarter of 2020. Missouri's MMJ program initially was expected to launch this spring, but it has
been delayed by a number of factors, including the coronavirus pandemic. The state took in more than 2,200 applications
for 192 dispensary, 60 cultivation and 86 processing licenses. But the program faces more than 800 appeals, several
lawsuits and a state legislative inquiry into alleged misconduct and conflicts of interest.
- Jenel Stelton-Holtmeier
Main
measures
Amendment 2
2018
State tax requirements
4% excise tax on retail sales plus
applicable state and local sales taxes.
Application fee
Cultivators
$10,000
Dispensaries
$6,000
Manufacturers
$6,000
Annual license fee
Cultivators
$25,000
Dispensaries
$10,000
Manufacturers
$10,000
106 Marijuana Business Magazine | August 2020

MJBizMag August 2020

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