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Home Medical Marijuana

$6.8 million from state’s medical marijuana program transferred to veterans fund

nickymay by nickymay
September 16, 2021
in Medical Marijuana
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$6.8 million from state’s medical marijuana program transferred to veterans fund
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Media Contact:

Lisa Cox, Missouri Division of Well being and Senior Companies
Lisa.Cox@health.mo.gov

JEFFERSON CITY, MO — The Missouri Division of Well being and Senior Companies (DHSS) has made the second switch of funds from Missouri’s medical marijuana program to the Missouri Veterans Fee (MVC). The overall quantity transferred is $6,843,310. 

Missourians voted in November 2018 to undertake Constitutional Modification 2, identified now as Article XIV. The modification features a provision requiring that charges and taxes generated by the medical marijuana program, much less operational bills, be transferred to the MVC for well being and care providers for navy veterans. Article XIV states that medical marijuana offered in licensed dispensaries can be taxed at a price of 4%. Since dispensary gross sales started in October 2020, greater than $113 million in gross sales have occurred. 

“Sufferers are being served by greater than 140 dispensary services in Missouri now, and we’re more than happy to see their gross sales income the place it’s,” stated Lyndall Fraker, Director of the Part of Medical Marijuana Regulation with DHSS. “Finally, that is how we’re capable of present much-needed funding for the veteran’s fee.”

“MVC will use these funds for veterans’ well being and security initiatives designated in Home Invoice 8,” stated Paul Kirchhoff, Missouri Veterans Fee Government Director. “A portion of those funds may also be used to finish the Missouri Veterans Cemetery – Jacksonville columbarium wall.”

The primary switch of funds occurred in September 2020 and totaled $2,135,510.

To watch the continued progress of the licensed services, go to the Facility Data and Reports webpage.

 

###

In regards to the Missouri Division of Well being and Senior Companies: The division seeks to be the chief in defending well being and retaining folks protected. Extra details about DHSS might be discovered at http://health.mo.gov or discover us on Facebook and Twitter @HealthyLivingMo

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September 16, 2021, 14:25 GMT

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