Missouri Begins Process Of Revoking Marijuana Operations Permits
Missouri health officials recently began to revoke a handful of licenses for medical marijuana businesses after most of the state's licenses were issued, the News-Leader newspaper reported last month. Cannabis companies could start a business after obtaining licenses that would allow them to grow the plants and sell them to legitimate patients, provided they met an acceptance period. Many of the cannabis companies in Missouri received deadline extensions, but not all did.
A representative of the trade association said that most companies were experiencing problems due to the COVID-19 pandemic and difficulties in raising capital in an industry that cannot be included in the regular banking system due to the use of controlled substances such as heroin and cocaine and marijuana. Not all businesses received extensions, but getting one does not mean Missouri businesses have time to get their marijuana operations going and be ready to open, the Missouri Cannabis Business Association, a trade group, said late Monday night. Medical marijuana regulators in Jefferson City said in a statement distributed through a spokesman that licenses for facilities that cannot complete inspections within the required timeframe can continue to be awarded to facilities that have received an extension of the initial deadline or to those whose renewal applications are pending.
The News-Leader reported that the hard-fought approval process attracted more than 2,100 applicants for 370 business licenses. The state Department of Health decided to continue with the minimum licenses for businesses set out in Missouri's constitutional amendment on medical marijuana after the approval process began, according to the newspaper. Meanwhile, some marijuana patients and marijuana store employees favored a regulatory approach that would circumvent the minimum limits.
Instead, advocates would prefer to let the market decide how much demand there might be for companies that operate pharmacies and grow centers. Others claimed that Missourians voted for a system that would ensure that all patients had access to medical marijuana and that state agencies could regulate the number of companies that offer it.