As she applies for a state license to make marijuana-infused products for medicinal use, Keyonna Gray is thinking of people in her north St. Louis County neighborhood who were incarcerated for nonviolent marijuana offenses or battled addiction to opioids or other drugs.
“I look at it as a way of creating jobs,” said Gray, a first-time entrepreneur. “And creating safer access to steer people away from other, more dangerous drugs.”
Gray is one of hundreds of marijuana business hopefuls applying Aug. 3 with the state to enter the medical marijuana industry, which is expected to top $100 million in sales by 2025. Missouri officials will license the minimum number of dispensaries this year, meaning many applicants will lose out. Applicants are required to have hundreds of thousands in cash and plans that address details from controlling odor from marijuana facilities to keeping the drug from entering the illegal market.
In making its selections, the state plans to use a blind scoring process that strips applicants’ identifying information, including race. [Read more at St. Louis Post-Dispatch]
Your email address will not be published. Required fields are marked *
Name *
Email *
Website
Save my name, email, and website in this browser for the next time I comment.
Comment *
Notify me of follow-up comments by email.
Notify me of new posts by email.
Δ
By Hilary Bricken, Attorney at Husch Blackwell Dealing with creditors is never a fun experience. However, some creditors are more severe than others, especially in the cannabis industry. One of…
The long wait on whether Floridians will get a chance to vote to legalize recreational cannabis for adults 21 and older is almost over, as the Florida Supreme Court is…
Missouri’s health department on Wednesday stripped two coveted marijuana micro-licenses tied to an out-of-state company that had been accused of predatory practices and had listed the licenses for resale. The…
Big Island Grown (BIG) is a vertically integrated cannabis company based in Kailua-Kona, Hawaii County, on the Big Island of Hawaii, whose reach now extends to several islands in the…