When it comes to Missouri’s medical marijuana market, everything is coming up green.
Bad weed pun? Maybe, but it accurately references the profits the industry is pulling in. Since the dispensaries opened for business in October 2020, the state’s cannabis industry has pulled in nearly $300 million, according to the Missouri Department of Health and Senior Services. In March alone, the state had more than $30 million in retail sales, representing a 15 percent jump over February and setting a new monthly sales record.
There’s rapid job growth too. So far, more than 7,500 state agent ID cards — which are required to work in medical cannabis facilities — have been issued; in fact, the cannabis industry accounted for a full 10 percent of all new jobs in Missouri in 2021.
The industry expansion can be seen most clearly by the dispensaries popping up all over town. Some 188 of them have been approved for operation in Missouri, with more than 50, by our count, in the greater St. Louis area. That’s good news for the 180,000-plus card-carrying medical marijuana patients in the state, who are seeing increasingly high-quality products at lower prices, as the industry matures and competition heats up.
Soon, however, cannabis enthusiasts might be able to make their purchases without approval from a doctor. Multiple ballot measures that would legalize recreational weed are currently working their way through the legislative process, and at least one of them will likely find itself before Missouri voters in November.
Given the success the industry has seen in the state so far, it’s fair to guess that recreational weed has got the votes. In fact, you might say that Missouri and the cannabis industry are shaping up to be best, ahem, buds (sorry, truly).
And so, we’d like to welcome you to RFT‘s 2022 Cannabis User’s Guide. Click through to read reviews of strains, weed news you can use, and a comprehensive listing of every dispensary currently open in the greater St. Louis area.