10/16/2024 | Press release | Distributed by Public on 10/16/2024 12:50
Media Contact:
Lisa Cox
Missouri Department of Health and Senior Services
JEFFERSON CITY, MO -This week, the Missouri Department of Health and Senior Services (DHSS) transferred $5,459,172 in funds generated by Missouri's adult use marijuana program to agencies as outlined in Article XIV, Section 2, of the Missouri Constitution. This brings the total amount transferred from funds generated by Missouri's adult use marijuana program this fiscal year to $16,377,516. Recipient agencies of adult use program funds include the following:
In November 2022, Missouri voters approved an amendment. The amendment included provisions requiring that fees and taxes generated by the adult use marijuana program be transferred to MVC, Missouri State Public Defender and DHSS for purposes outlined above. Article XIV, Section 2, states that adult use marijuana sold in licensed dispensaries is to be (state) taxed at a rate of 6%.
To learn more about Missouri's medical and adult use marijuana programs, visit Cannabis.Mo.Gov.