The first round of microbusiness applications for Missouri Social Equity licenses opens on July 27 and closes August 10, 2023. Licenses are expected to be awarded in October 2023. 48 license applications will be accepted in 2024 and 2025, though exact dates are to be determined.
The first round of microbusiness licenses will only be available for those that meet social equity criteria.
- What is a microbusiness facility?
- A microbusiness facility refers to either a microbusiness dispensary or a microbusiness wholesale facility, both of which conduct operations related to marijuana for medical and adult use. A microbusiness is different from a medical or comprehensive facility because it is designed to provide a path to facility ownership for individuals who might not otherwise easily access that opportunity, such as those with a net worth of less than $250,000 or veterans with a service-connected disability. In order to qualify for a microbusiness facility license, applicant entities shall be majority owned by individuals who each meet at least one of a number of qualifications set forth in the Constitution.
