150th Missouri medical cannabis dispensary approved to operate — Greenway Magazine – Greenway
At nearly $23 million, September sales set fifth consecutive monthly mark
Missouri’s newest medical cannabis dispensary has been approved to operate in Kansas City, making it the state’s 150th such facility since the start of retail sales less than one year ago.
Local Cannabis Co. plans to open its retail outlet at 4482 Belleview Avenue later this month, with a Smithville cannabis production and cultivation facility to follow by the end of 2021.
Missouri medical cannabis sales are on pace to approach or surpass $200 million by the end of this year.
The state Department of Health and Senior Services reported nearly $23 million in sales in September — the fifth consecutive month of record sales growth.
That brings the total amount purchased by medical cannabis patients in Missouri to $136.05 million since retail sales began in late October of last year.
Industry analysts expect those sales totals to only increase as more retail outlets open.
“Starting a new business from scratch is never easy, let alone during a global pandemic,” said Andrew Mullins, executive director of MoCannTrade (The Missouri Medical Cannabis Trade Association). “This latest milestone is a testament to both our members’ resilience and the strong patient interest driving statewide