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State cannabis regulators finalize lottery to award new dispensary licenses

Missouri's cannabis division will hold a final lottery on June 10, distributing 48 new dispensary licenses statewide. Regulators developed new rules to prevent predatory lending practices often seen in previous licensing rounds.

MD
Missouri Dispatch Editors
Posted 16d ago · Based on reporting by Missouri Independent

Missouri's cannabis division plans to conduct a final lottery for 48 new dispensary licenses on June 10. These licenses will be distributed to businesses across the state.

State regulators have implemented new rules to address predatory lending practices. These measures aim to prevent issues that arose during previous licensing periods.

These new regulations are intended to ensure a more equitable process for this final round of cannabis dispensary licenses. Full reporting is available from the original source.

Editor's note: Dispatch Briefs are short summaries written by Missouri Dispatch editors with the assistance of AI tools, based on publicly available reporting from the cited source. We do not independently verify every detail; please consult the original source for the complete story.

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