JEFFERSON CITY, Mo. — The licenses of nine Missouri cannabis microbusinesses were revoked Wednesday.
Microbusinesses are small cannabis operations that were designed to allow more people to benefit from the legalization of adult-use marijuana in Missouri.
Owners need to meet one of the criteria: have a net worth less than $250,000, have a military service-related injury, reside in an area 30% below the poverty line, or have non-violent, cannabis-related convictions.
Eleven businesses were put on notice in December. Two businesses satisfied the requirements and were permitted to continue operations.
The businesses that were revoked include:
Higher Love KC LLC
Frankenstein Enemy LLC
Potluck THC LLC
The Joke Smoke SE LLC
The Herbal Home LLC
HIGH AROMA LLC
Seashore Rhythm, LLC
Ever Eco LLC
Cannarooted LLC
While the Missouri Division of Cannabis Regulation verified the eligibility of the businesses, they found that some people listed as the majority owners of eight microbusinesses had little to no knowledge of the operations of the microbusinesses. One license was revoked because the owner had a disqualifying felony offense.