With Missouri voters weighing legalization of recreational marijuana this fall, critics are raising questions about how the market will be structured — and the likely dollars-and-cents impact on consumers.
The petition has faced blowback from some who say the Legal Missouri campaign — primarily funded by current medical marijuana companies — gifts control of the fully legal market to that same group of entrepreneurs.
One Missouri industry insider predicted in June that changes to the market post-legalization would likely anger medical marijuana patients, who could face higher prices.
“What’s going to happen is the patients are all going to be really pissed because all of a sudden the prices are going to go up once supply and demand catches up,” said John Mueller, co-founder of Greenlight, which operates 15 dispensaries in Missouri. “That’s basically how it will probably transpire.”
Mueller made the statement while members of the Missouri Medical Cannabis Trade Association met in Kansas City to discuss strategy. The Post-Dispatch obtained recordings from the event, lifting a curtain on behind-the-scenes talks that detail the Legal Missouri campaign’s thinking moving into the the Nov. 8 general election season.
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