Missouri medical cannabis sales on target to top $200M in 2021
August sales approach $22 million, breaking previous mark for fourth straight month
With yet another record-breaking month in August, Missouri medical cannabis sales are on pace to approach or surpass $200 million by the end of this year.
The $21.73 million in sales last month brings the total amount purchased by medical cannabis patients in Missouri to $113.09 million in well under a year. At that rate, year-end sales totals will shatter early projections.
“As more dispensaries continue to open statewide and thousands of new patients join the program each week, Missouri medical cannabis sales will only continue to rise,” said Andrew Mullins, executive director of MoCannTrade (The Missouri Medical Cannabis Trade Association).
The Missouri Department of Health and Senior Services has to date approved the opening of 143 dispensaries, 40 infused product manufacturers, and 29 marijuana cultivation facilities. DHSS has licensed and certified a total of 379 facilities to cultivate, manufacture, test, transport and dispense medical marijuana to Missouri patients.
Through Monday, the state reports issuing 4,663 of the required state agent ID cards to work in medical cannabis facilities. All but 200 of those jobs have been added in the past year.
Missouri also continues to see steady increases in medical marijuana patient enrollment, with nearly 139,000 Missouri patients and caregivers now licensed by the state.
Under Article IX of the state Constitution, Missouri residents with cancer, epilepsy, glaucoma and 20 other qualifying conditions can purchase or cultivate medical cannabis with a physician’s certification. The law also provides physicians with the discretion to certify patients who have other chronic and debilitating medical conditions that could benefit from medical marijuana, and legally protects their right to have such conversations.
MoCannTrade (The Missouri Medical Cannabis Trade Association) is an association of business owners, health care providers, professionals, patients and residents responsible for helping to implement a successful, safe, compliant medical marijuana program in Missouri.
The membership-based association is directed by a board of diverse professionals experienced in medical marijuana, healthcare, law, pharmaceutical, science, agriculture, law enforcement, security, commercial real estate, finance, public affairs and regulatory sectors.
To learn more about MoCannTrade please visit www.mocanntrade.org