Almost $11M from Missouri's adult use Marijuana program transferred to agencies
Image
![Almost $11M from Missouri's adult use Marijuana program transferred to agencies](https://dlgqrg63adybs.cloudfront.net/s3fs-public/styles/article_full_lg/s3/2024-07/Almost%20%2411M%20from%20Missouri%27s%20adult%20use%20Marijuana%20program%20transferred%20to%20agencies.jpg?itok=W2OJD1nj)
Missouri Transfers Nearly $11 Million from Adult Use Marijuana Program to State Agencies.
This week, the Missouri Department of Health and Senior Services (DHSS) transferred almost $11 million in funds from the adult use marijuana program to state agencies.
The $10,918,344 is split evenly between DHSS, the Missouri Veterans Commission and the Missouri State Public Defender.
This fund distribution is part of an amendment approved by voters in Nov. 2022. The amendment included provisions requiring that fees and taxes generated by the adult use marijuana program be transferred to the agencies.
Article XIV, Section 2 of the Missouri Constitution states that adult use marijuana sold in licensed dispensaries is to be taxed at a rate of 6%.
For more Cannabis News like this, circle back to 420intel.com!
420 Intel News | 420 Advertising | Cannabis Business News | Medical Marijuana News | Recreational Marijuana News
Region:
Missouri
Poll
Sign up
Disqus content widget
Disqus