A group of politically connected cannabis growers in Missouri must destroy their cannabis products and give up business licenses as part of an agreement to resolve a dispute with the state.
An eight-page agreement signed in May between the licensees and the director of the state’s medical cannabis program said state regulators and the licensees reached a “compromise” over alleged regulatory violations in an effort to end legal proceedings.
The licensees in question that signed onto the agreement — Archimedes Medical Holdings, FUJM, and Holistic Health Capital — are all based in Perryville.
Archimedes Medical Holdings controls two cultivation licenses and has used the brand name Solhaus, FUJM controls one cultivation license, and Holistic Health holds a manufacturing license.
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