Missouri Revokes 25 Cannabis Licenses In Social Equity Program Crackdown
Of the 96 microbusiness original licenses. 34 have now been revoked
Missouri cannabis regulators on Monday officially revoked another 25 facility licenses in a program designed to benefit disadvantaged business owners but plagued by allegations of predatory practices.
Of the 96 microbusiness licenses issued by the state through a lottery since the program’s inception in 2023, regulators have revoked 34.
Two were revoked for having a disqualifying felony offense on the owners’ record. The rest were for failing to show that the microbusiness licenses would be majority owned and operated by eligible individuals, according to the Missouri Division of Cannabis Regulation.
For more than a year, The Independent has documented the pattern of well-connected groups and individuals flooding the microbusiness lottery by recruiting people to submit applications and then offering them contracts that limited their profit and control of the business. Nearly all of the 32 licenses that have been revoked for ownership issues followed this pattern.
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