Fronting Cash Crop: Show-Me Legal Weed 'Predatory Practices' Alleged

A BILLION DOLLAR agriculture boom for Missouri doesn't come without problems.

In this report we garner a peek at corporate growers looking to hack the state regulations that hoped to spread the wealth . . . Check-it:

The Missouri Division of Cannabis Regulation issued a warning about “predatory practices” in social-equity marijuana licensing throughout the country.

And those tactics are likely escalating, with the next round of applications running April 15 to 29.

“(The Division of Cannabis Regulation) has become aware of solicitation efforts by companies to apply for microbusiness licenses on behalf of qualified individuals with promises of future ownership in the license,” the agency said in a press release last week.

The division warned that some groups are scamming eligible people by giving them, “no agreements in place that would actually result in the eligible individuals being the owners of the license.”

Read more via www.TonysKansasCity.com link . . .

State warns social-equity marijuana license applicants of 'predatory practices'

Amy Moore, (right) director of the Missouri Division of Cannabis Regulation, speaks at the National Cannabis Industry Association's summit on March 28, 2024 in St. Louis. At left is Mitch Meyers, partner at BeLeaf Medical marijuana company. (Rebecca Rivas/Missouri Independent). Veterans John and Kara Grady received a Facebook message last week from a man who was, "looking for a female...