Missouri Real Estate & Cannabis Regulations

Cannabis Status: Open

MISSOURI CANNABIS LICENSE APPLICATIONS – The microbusiness license application will be available by June 6 and the DHSS plans to issue six microbusiness licenses in each of Missouri’s eight congressional districts (for a total of 48 microbusiness licenses) through a random lottery drawing scheduled for October. Contact WeCann for Missouri cannabis license application.

MISSOURI $1Bn UPDATE 5/15/23: State passes 1 billion in legal cannabis sales since the state opened up for medicinal cannabis in 2020. In the first three months since adult use sales have begun, Missouri has sold $350.2 million, including $256.2 million of adult-use cannabis and $94 million in medical marijuana. Source

On Tuesday, November 8th, 2022, the citizens of Missouri voted in favor of a constitutional amendment that permits the recreational use of marijuana for individuals over the age of 18. Starting last December 8th, 2022, individuals residing in Missouri were able to legally possess and use cannabis for recreational purposes.

Name: Missouri
Population: 6,168,000
Median Income: $61,043
Cannabis Uses: TBD
State Cannabis Overview: Favorable legislation in the state has legalized medical cannabis, opening up opportunities for businesses to enter the market and provide safe and accessible products to patients. On November 8th, 2022, the citizens of Missouri voted in favor of a constitutional amendment that permits the recreational use of marijuana for individuals over the age of 18. Starting last December 8th, 2022, individuals residing in Missouri were able to legally possess and use cannabis for recreational purposes. Now Adult use microbusiness application will be accepted between July 27 and Aug. 10.

View Missouri Cannabis Real Estate Properties

Missouri Cannabis & Commercial Real Estate Research

Missouri Cannabis License Application Information

Adult use microbusiness application will be accepted between July 27 and Aug. 10

The application will be available by June 6 and the DHSS plans to issue six microbusiness licenses in each of Missouri’s eight congressional districts (for a total of 48 microbusiness licenses) through a random lottery drawing scheduled for October.

Essentially social equity licenses
The Department will issue an additional 48 in 2024, and another 48 in 2025
Applicants will need to provide the proposed facility address in their application
- Limit of one license per person. Part of app – attestation that none of the owners have ownership of another medical, comprehensive, or microbusiness license
Applicants limited to one app each (regardless of ownership percentage)
Applicants must be majority owned and operated by individuals who each meet at least one of the following eligibility requirements:
- Have a net worth of less than $250,000 and have had an income below two hundred and fifty percent of the federal poverty level; or
- Have a valid service-connected disability card issued by the United States Department of Veterans Affairs, or successor agency; or
- Be a person who has been, or a person whose parent, guardian or spouse has been arrested for, prosecuted for, or convicted of a non-violent marijuana offense, except for a conviction involving provision of marijuana to a minor, or a conviction of driving under the influence of marijuana. The arrest, charge, or conviction must have occurred at least one year prior to the effective date of this section; or
- Reside in a ZIP code or census tract area where:
  - Thirty percent or more of the population lives below the federal poverty level; or
  - The rate of unemployment is fifty percent higher than the state average rate of unemployment; or
  - The historic rate of incarceration for marijuana-related offenses is fifty percent higher than the rate for the entire state; or
- Graduated from a school district that was unaccredited, or had a similar successor designation, at the time of graduation, or has lived in a zip code containing an unaccredited school district, or similar successor designation, for three of the past five years.

Contact us for cannabis license application support.

Missouri Uses / Distance Requirement / Cap of Business

Zoning

The Department’s conversion application process does not include a local zoning verification step. Adherence to local zoning regulations will need to be ensured following the conversion, and any changes to the zoning regulations will be handled on an individual basis during this transition period. The Article XIV includes provisions relating to the local zoning of comprehensive facilities, so it is advisable to contact your local government for guidance on any relevant zoning requirements.

Feel free to contact us to get to know more about cannabis zoning in Missouri.

Tax Rate

Local jurisdictions in Missouri have a January 24th deadline to approve a cannabis tax ballot measure for the April election, adding an additional 3% local tax on top of the statewide 6% statewide sales tax. (4% for medical statewide tax)

St. Louis, chesterfield, Ballwin, Festus, Florissant, Kirkwood, Manchester, O’Fallon, Richmond Heights, and St. Ann are some cities with it on the ballot

State setbacks

Unless expressly allowed by the local government, no medical or marijuana facility, including any offsite warehouses, shall be sited, at the time of application for license, certification, or local zoning approval, whichever is earlier, within one thousand feet (1,000′) of any then-existing elementary or secondary school, daycare, or church.

Local control

No cities can opt out without a general election ballot measure during a presidential election year (starting 2024)

Application criteria suggested to be included by ordinance.

The application period has closed for medical cultivation, testing, manufacturing and dispensary license. Only applications for Seed to Sale and Transportation certifications are available for submittal.

Application forms and procedures for microbusiness lottery: The department will begin accepting microbusiness facility license applications on or before September 4, 2023. Application forms will be made available no later than June 6, 2023.

Top Cities in Missouri for Cannabis

St. Louis

Chesterfield

Ballwin

Festus

Florissant

Kirkwood

Manchester

O’Fallon

Richmond Heights

St. Ann

Missouri Market Analysis

Visit CREC Portal for more information on Missouri Cannabis Real Estate.

Code Sections & More Ordinance Info

Proposed Rules 19 CSR 100 filed 1.20.2023 – https://health.mo.gov/safety/cannabis/pdf/19csr100-proposed-rules-filed012023.pdf

How CREC Team Gets The Deal Done!

We now offer a full suite of services for cannabis industry professionals, entrepreneurs, service providers, real estate agents and brokers to successfully find viable cannabis real estate properties.

CREC Network of Brokerage Professionals

Gain the advanced knowledge, improve your listings awareness, and access a professional network essential for closing sales in the cannabis industry.

Cannabis Compliance Services

Ask us anything! Our compliance team will quickly improve your ability to safely execute cannabis business transactions or to evaluate your current operations.

CREC Technology Portal

Access the same interactive tools our real estate brokers use to research new locations for viable cannabis properties. Get your access today!

CREC Business Directory

Growing network of vetted cannabis professionals from attorneys to insurance to real estate agents. CREC Directory to be released soon!

Available Missouri Cannabis Business & Property Listings

Review our Missouri cannabis real estate for sale or lease below. We also have businesses in MO for sale with a cannabis license. Contact us for more information and sign up to be a buyer or a seller on our website to get started with your property in the state of Missouri.

We can help you find a property in our network, even if not listed in our online inventory. Ask us how!