60 Cannabis Cultivation Licenses Issued in Missouri
Out of more than 500 applications, Missouri granted licenses to 60 cultivators on December 26th – this according to an article in Cannabis Business Times. Applicants who won licenses had five days to accept the state’s offer, putting the deadline yesterday. Those who were not granted licenses are left to figure out how (or if) they can participate in the state’s cannabis market.
The article makes it clear that some who did not win licenses are planning to file or have already initiated lawsuits against the state of Missouri. In these cases, they are challenging the state’s selection process, claiming it was unfair in various ways, from the cap placed on the number of cultivation licenses issued to the use of geographical data to favor some applicants over others.
With just 25,455 registered patients in the sate though, the 60 licenses amount to a full grow operation for every 400 or so patients. Of course, that may change once dispensaries are licensed and open by April of this year.