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Home»Business & Industry»Missouri Cannabis Sales Reach $350M During First Three Months
Business & Industry

Missouri Cannabis Sales Reach $350M During First Three Months

May 9, 2023No Comments2 Mins Read
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Missouri Cannabis Sales Reach $350M During First Three Months
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Hashish gross sales in Missouri have topped $350 million in the course of the first three months of adult-use gross sales, the Missouri Independent reviews. And whereas gross sales have remained sturdy, there was a slight dip in hashish gross sales in April as adult-use gross sales fell about 3% from March, to $91 million, whereas medical hashish gross sales slipped practically 8% to $30.1 million, KSDK reviews.  

Missouri hashish gross sales nonetheless stay on monitor to attain $1 billion in annual gross sales this 12 months. 

Comparatively, it took seven months for neighboring Illinois to achieve $300 million in hashish gross sales after beginning adult-use gross sales in January 2020. Illinois didn’t attain $1 billion in gross sales till 2022, in accordance with the Unbiased. 

Missouri officers are additionally nonetheless processing practically 100 requests for brand spanking new hashish companies or adjustments to current services. In February, the Division of Well being and Human Providers (DHSS) had 121 whole pending requests – 39 for cultivation services, 36 for manufacturing services, seven for transporters, and one testing lab. The state has to this point authorized 23 of these requests, division spokeswoman Lisa Cox advised the Unbiased, including that 29 different requests are in ultimate assessment and needs to be authorized this month.  

Cox famous that the Division of Hashish Regulation can be upping its workers and is about 30% by its hiring plan. She expects the company needs to be totally staffed by the top of the 12 months. 

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350M cannabis Missouri Months Reach Sales
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