Missouri collects more than $13M from 2,163 applications for medical marijuana facilities

According to the listed application fees, the state raised more than $13 million from the 2,163 marijuana business applications.

Digital Content Producer
September 04, 2019 - 11:45 am

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JEFFERSON CITY, Mo. (KFTK/AP) - Missouri has received more than 2,100 applications from businesses that want to run medical marijuana facilities.

The Missouri Department of Health and Senior Services said Tuesday that more than half of the applicants 1,163 were seeking to operate one of the 192 dispensaries the state plans to license. Coming in second was applications for cultivation facilities, with 554. The state plans to license just 60 such facilities.

Here's a breakdown of the applications the state received (estimated total fees collected from applications): 

Cultivation facility applications – 554 ($5.54 million)
Dispensary facility applications – 1,163 ($6.978 million)
Manufacturing facility applications – 415 ($2.49 million)
Testing facility applications – 17 ($85,000)
Transportation facility applications – 14 ($70,000)

According to application fees on health.mo.gov, the state raised more than $13 million from the 2,163 marijuana business applications.

Missouri legalized marijuana for medicinal purposes in November. The state anticipates it will license businesses by the end of the year and medical marijuana sales will begin as early as January 2020. 

The industry is expected to top $100 million in sales by 2025.

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