Missouri's microbusiness cannabis program will never get off the ground if regulators are consistently forced to revoke licenses over concerns about unlawful predatory practices, the head of the state's marijuana division said Wednesday at a town hall meeting.
That's why new rules must be put in place to root out these practices and ensure the program lives up to its promise, said Amy Moore, director of the Missouri Division of Cannabis Regulation.
"It is not sustainable to keep going through rounds of license issuance and then having to do rounds of revocations," Moore told the attendees. "We're never going to get this market fully built out."
The division hosted the virtual town hall meeting Wednesday for the people connected to more than 90 microbusiness licenses issued since 2023. Owners of microbusiness licenses must meet certain criteria, including having a low income, a nonviolent marijuana charge on their record, being a disabled veteran or living in a low-income ZIP code.
Read more at Missouri Independent