Home Trade association Missouri medical cannabis sales exceed $ 70 million

Missouri medical cannabis sales exceed $ 70 million

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JEFFERSON, Mo. – More than $ 70 million in cumulative medical marijuana sales have been reported for the state of Missouri since October 2020.

This is according to the Missouri Medical Cannabis Trade Association. The total number of sales is $ 70,328,681, as originally reported by the Missouri Department of Health and Seniors Services.

Total cannabis sales for May stand at $ 15.5 million and around $ 16.4 million has been reported for June.

There are 126 dispensaries in Missouri with new outlets opening almost daily, according to the trade association.

Statewide, 201 facilities are awaiting state operating approval, including five testing labs, 23 growers and 33 manufacturers of infused products such as cannabis edibles, concentrates and cartridges. vape.

The trade association reports that the Missouri Department of Health and Seniors Services has licensed 375 facilities to grow, manufacture, test, transport and distribute medical marijuana to patients in Missouri.

“Patient after patient, our members hear every day how vital Missouri’s medical cannabis program has become in a relatively short period of time,” said Andrew Mullins, executive director of the Missouri Medical Cannabis Trade Association.

“It remains a summer of high expectations, with thousands of new patients every week getting their cannabis card, business owners creating a constant stream of new jobs, and our industry generating millions in new tax revenue for the state. through additional sales of 4% tax dedicated to veterans health and care.

There are more than 121,000 medical marijuana patients in Missouri, with nearly 3,700 people who have been given state agent ID cards to work in medical cannabis facilities, according to professional association.

The association says the medical cannabis industry “is expected to generate nearly twice as many jobs, over $ 800 million in direct spending and an additional $ 570 million in indirect spending in its first full year of sales. and operation ”.

The state of Illinois currently has 55 licensed retail locations.

Under Missouri’s constitution, residents with cancer, epilepsy, glaucoma, and 20 other conditions can purchase or grow medical marijuana with medical certification.

The law also allows physicians to certify, at their discretion, patients who have other chronic and debilitating health conditions.