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Cannabis Banking in Missouri

Cannabis Banking in Missouri
Medical marijuana was legalized in Missouri in 2018 and is regulated by the Missouri Department of Health & Senior Services. As of July 2022, more than 340 medical marijuana facilities have been approved to operate, from cultivation and dispensary facilities to transporters and product manufacturers, with more than 350 in the queue waiting on final inspections. Dispensary sales started in October 2020 and have steadily risen. As of June 2022, total sales revenues exceeded $393 million since the program’s inception. Missouri voters will weigh in on a ballot initiative in November to legalize adult-use marijuana. Although it’s difficult to forecast the effect this may have on the overall market opportunity in dollars, metrics have shown that adult-use sales consistently and quickly eclipse medical sales in every state that has made this transition.

This presentation from MBA, associate member Green Check Verified will present “Cannabis Banking in Missouri: Market Overview and Fundamentals,” a two-hour virtual presentation that arms Missouri banking professionals with the knowledge they need to engage with the legal cannabis industry in Missouri.
12/13/2022 1:00 PM - 3:00 PM

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