Apply and Win a Dispensary License in Missouri

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Medical cannabis legalization is sweeping by way of states some onlookers by no means thought doable. Missouri, a state that many cannabis activists by no means noticed as a fertile floor for legalization, is popping the lights on a medical marijuana program in a couple of quick months — a real testomony to how far the motion and trade have come.

Registered sufferers in Missouri will have the ability to buy medical marijuana in state-licensed dispensaries as early as January 2020. Earlier than that may occur, Missouri should award cannabis licenses! The licensing course of in Missouri is about to formally start on August third, however candidates shouldn’t wait till then to begin getting ready. On this weblog, you’ll discover ways to apply for and win a cannabis license in Missouri.

Missouri Hashish Dispensary License Necessities

Earlier than you even take into consideration making use of for a cannabis license in Missouri, be sure you are eligible. To use for a Missouri cannabis license, you have to be a resident of the state for at the very least one yr. Hashish enterprise entities have to be majority-owned by a citizen of Missouri for at the very least a yr and don’t declare residency in another state. Moreover, no licensee, proprietor, partial proprietor, or worker can have a disqualifying felony on their file.

Apply for a Hashish Dispensary License in Missouri

The Missouri Division of Well being & Human Providers (DHSS) will settle for cannabis license functions from August third to shut of enterprise on August 17th. From this primary tranche of functions, the state should grant licenses by December 31, 2019 to at the very least 60 business cultivators; 86 producer/processors; 192 retailers. However the state expects greater than 400 functions, making it extremely aggressive.

Listed below are the essential steps for making use of for a cannabis license in Missouri:

  1. In preparation for August 3, look over these pattern functions.
  2. Between August Three and 17, submit your software and unpaid licensing charges in-full utilizing the DHSS web-based software (not but launched).
  3. You’ll be notified in case you are awarded a license inside 150 days of making use of.

Missouri Hashish Licensing Charges:

  • Cultivation License: $10,000 non-refundable, $25,000 annual
  • Dispensary License : $6,000 non-refundable, $10,000 price
  • Medical Hashish-Infused Processor: $6,000 non-refundable, $10,000 annual

When you miss this primary spherical of licensing, you’ll have to look ahead to the subsequent spherical. The subsequent software window will probably be at the very least six months after the one earlier than and will probably be publicly introduced.

How Will Missouri Rating Hashish License Purposes?

In response to the state, a clear scoring system run by an unbiased, blind scorer will promote equity within the licensing course of. This scoring system relies on a number of standards, from expertise in authorized cannabis to website safety. The standards will differ based mostly on the license sort. Some facets will probably be scored on a scale of 0-10, whereas others will probably be scored on a extra simplified “passable/unsatisfactory” or “sure/no”.

For extra scoring particulars, use the state’s proposed scoring rubric as you put together your cannabis license software.

Suggestions for Growing Your Probabilities of Successful a License

To extend your possibilities of profitable, look over all of the offered pattern paperwork linked above and deal with the vital scoring standards. Listed below are 5 facets the state will anticipate from each cannabis license applicant to handle:

1. Earlier expertise within the authorized cannabis trade

When bringing collectively your management workforce, you should definitely recruit companions with cannabis trade expertise. In your software, from the resumé to advice letters, contemplate how one can amplify that cannabis expertise.

2. Dispensary website safety

Embody an in depth plan for preserving your dispensary, and the group surrounding it, secure and safe. Past simply cameras and safety guards, clarify how you’ll use a seed-to-sale Level of Sale system to make sure no product is diverted to the illicit market or underage gross sales are made.

3. Good character and {qualifications} of your management workforce

Every software should embody info on the highest three managers of the potential enterprise. Every supervisor might want to embody a resumé, proof of authorized cannabis trade expertise, and two advice letters. Every supervisor can fill as much as three pages.

4. Marketing strategy specifics

Past security and safety, you may be anticipated to indicate a sturdy marketing strategy, together with a plan for staying aggressive, illicit market diversion safety, vendor info, and provide chain administration options. This must also embody social duty by offering a plan for low-income sufferers and offering a constructive financial impression on the group.

5. Expertise or capability for offering well being care

Whereas it isn’t required for all licenses, having healthcare expertise within the management workforce is an enormous plus. When you don’t have healthcare expertise, clarify how you’ll present secure care to sufferers. For dispensary candidates, this could embody info on location accessibility for disabled sufferers.

Having a compliant POS to trace merchandise and gross sales and forestall diversion into the illicit market is a key criterion in profitable a cannabis license in Missouri. E book a free demo with Cova to see how we can assist.

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