JEFFERSON CITY — Missouri medical marijuana sales are climbing and thousands of workers have flocked to the industry. Now, business owners are betting big on full legalization in 2022.
In the town of Humansville, Missouri, troops of cannabis workers are tending to crops in a facility about the size of a typical Target store. They are cultivating dozens of strains of flower for Flora Farms, one of the state’s most ubiquitous brands.
“We think the market will go up three or four times (if full legalization passes),” said Mark Hendren, president of Flora Farms. “We hope that and we expect that. And that’s just looking at what’s happened in other markets.”
BD Health Ventures, owner of Flora, has given $250,000 to the most plausible path to full legalization this year in Missouri: Legal Missouri 2022, which is gathering signatures to place a proposed constitutional change on the Nov. 8 ballot. That includes two contributions totaling $215,000 it made last month, records show.
Cannabis business license holders have lined up behind Legal Missouri, which had banked $1.1 million for the effort by the end of last year. The latest report filed with state ethics regulators shows the campaign dropped nearly $500,000 in December on signature-gathering services. [Read More @ St. Louis Post-Dispatch]
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