Missouri marijuana sales surpass $1 billion on cumulative basis
Cumulative sales of legal, regulated medical and adult-use marijuana in Missouri surpassed $1 billion as of early May.
Cumulative sales of legal, regulated medical and adult-use marijuana in Missouri surpassed $1 billion as of early May.
Hemp plantings in the United States were nearly cut in half in 2022, with 28,400 acres dedicated to growing the plant – slightly more than the acreage set aside for Christmas trees.
Missouri-based multistate operator Greenlight Dispensary is believed to be the first big marijuana company to issue a dividend to investors – and it could be the last, at least for the foreseeable future.
Missouri plans to license an initial round of 48 cannabis microbusinesses, to be awarded via a lottery in October.
Twitter is further loosening its limits on cannabis industry advertising, letting vetted, state-legal businesses show packaged marijuana products in their marketing campaigns while allowing ads in new U.S. markets.
Missouri is experiencing the kind of product shortages and higher wholesale prices seen in other newly launched adult-use marijuana markets.
In a first since states began legalizing marijuana, cannabis industry employment declined in 2022, a report shows.