By 420 Intel on Monday, 15 August 2022
Category: Business & Finance

Recreational cannabis is on the ballot in November. Critics are urging Voters to read the Fine Print

Critics of the Legal Missouri amendment say it furthers the mistakes of the state’s medical marijuana market and will continue to push out minority growers and small businesses.

Missouri voters will have the chance to legalize recreational cannabis for adults 21 and older in November. If the constitutional amendment, called Legal Missouri (Amendment 3 on the ballot), is approved, Missouri will become the 20th state to legalize recreational marijuana.

Legal Missouri projects that the state will earn annual revenue of more than $40 million through a 6% sales tax. An optional 3% local sales tax could generate at least another $13.8 million.

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