Missouri Prepares for Launch of Recreational Marijuana Sales

Missouri Prepares for Launch of Recreational Marijuana Sales. Missouri residents may soon have access to recreational marijuana as the state prepares to begin sales on Friday, February 3rd, 2023. This marks a significant milestone for the state, which legalized medical marijuana in 2018 and recreational marijuana in November 2020. The move to allow recreational sales is expected to generate significant tax revenue for the state, as well as create new job opportunities.

The Missouri Department of Health and Senior Services has granted licenses to several medical marijuana facilities to begin selling recreational marijuana to anyone over the age of 21. The product will be subject to state taxes, including a 4% sales tax and a 15% excise tax, which will go towards funding public health and safety initiatives.

In addition to generating tax revenue, the legalization of recreational marijuana is also expected to create new job opportunities in the state. From cultivation and processing to retail sales, the industry is expected to generate thousands of new jobs and provide a boost to the state’s economy.

While the legalization of recreational marijuana is a positive step forward, it is important to note that it is still a controlled substance under federal law. The U.S. Drug Enforcement Administration considers marijuana to be a Schedule I drug, meaning it is considered to have a high potential for abuse and no accepted medical use.

Missouri’s legalization of recreational marijuana marks a significant milestone for the state and is expected to generate significant tax revenue and create new job opportunities. While there are still many questions and concerns surrounding the issue, the state is moving forward with plans to begin sales on Friday, February 3rd, 2023. It will be interesting to see the impact that this has on the state’s economy and society in the coming months and years.