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Missouri
Cannabis Market
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Missouri Cannabis Market At-A-Glance

Overall Rating: B-
Missouri is medically legal, and citizens plan to push for recreational legalization with a ballot initiative for 2022.
Medical Use: Yes
Adult Use: No
Market Potential
C
There are no caps on medical dispensaries in Missouri. This makes competition high much like Oklahoma.
Licensing
C-
The annual fees are not high. The application fees are not expensive compared to to other states.
Competition
B-
Competition in Missouri is high. There are 192 total dispensaries for medical patients in the state.
Tax/Regulatory Structure
A+
No taxes on medical cannabis.

Missouri Cannabis Details

Population (Rank)
6,137,000
#18
Size/Density
89.1 sq. miles
#28
Medical Cannabis?
Yes
2018
Adult-Use Cannabis?
No
NA
2020 Medical Sales
2022 Projected Medical Sales
NA
NA
NA
2020 Adult Use Sales
2022 Projected Adult Use Sales
NA
NA
NA
Regulatory Agency
Department of Health and Senior Services
https://health.mo.gov
# of Dispensaries (allowed/issued)
No limit
192
# of Cultivators (allowed/issued)
61
NA
# of Manufacturers (allowed/issued)
82
NA
# of Testing Labs (allowed/issued)
NA
NA
Vertical Integration?
Not required
Residency Requirements?
No
Social Equity?
No

Cannabis Taxes

Combined Tax Rate
None
Excise Tax
None
Retail Sales Tax
None
Local Sales Tax
None
State Sales Tax
None
Cultivation Tax
None

Licensing Fees (per year)
*Varies based on gross revenue

Dispensary
$10,000
Cultivator
$25,000
Manufacturers
$10,000

Application Fees

Dispensary
$6,000
Cultivator
$10,000
Manufacturer
$6,000
12/09/2021

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