Michigan wasn’t the only state to legalize cannabis this past week. Missouri medical marijuana is now fully legal and it shows a lot of promise. We get it, we’re a cannabis compliance, licensing, and investment consultancy. Of course we’d say the Missouri medical marijuana market will be a boon for compliance professionals. But, as LeVar Burton used to say: “You don’t have to take my word for it.” The Missourian has a great look at the many ancillary compliance and regulations-related jobs coming to Show-Me in the next year.
Missouri Medical Marijuana 101
Entrepreneurs looking to enter the Missouri medical marijuana marketplace will need a license to operate. Grow, production and dispensary are the three license categories, similar to other medical states. What’s important to emphasize is that for any one of these licenses, applicants must have all their ducks in a row. That’s where compliance and licensing professionals come in.
“For an entrepreneur or business to get licensed in Missouri, they’re going to want to talk to a compliance expert who is familiar with Missouri’s regulations,” explained MMLG’s CEO, Aaron Lachant. “From cultivation to production and rendering to dispensaries, these three categories come with their own specific rules and regulations that all businesses must meet for a license. It’s not unlike California at the start of 2018, or what we’re seeing with Pasadena right now. We see a lot of entrepreneurs looking to get in on the action and seeking licensing expertise with each new legalization,” Lachant continued.
As we’ve discussed before, medical or adult-use cannabis is extraordinarily complex. Navigating the ins and outs of licensing and compliance on the state and local level truly does require an expert’s knowledge.
Missouri Medical Marijuana Industry Shows Tremendous Promise
Beyond just growing, producing and dispensing, experts agree that Missouri’s medical marijuana industry has ample room for ancillary businesses to thrive. Aside from compliance and licensing professionals like MMLG, think delivery companies, testing laboratories for quality assurance, soil nutrition experts, accounting and operations professionals, researchers and more. But, all that job demand comes with the tricky navigation of things as elementary as zoning laws and statutes to tax laws and state regulations.
The bottom line? If you’re thinking about getting into Missouri’s medical marijuana industry, lawyer up. Contact MMLG today: Instagram, Facebook, Email, or 310.449.4528