Last week Missouri legalized recreational cannabis and become the first state in the nation where voters approved a program for the automatic expungement of prior marijuana convictions. With the legalization bill, which won by a comfortable margin, the is state expanding its current medical marijuana program by allowing existing licensees to serve both medical and non-medical consumers.
While legalization is a milestone in itself, benefiting existing marijuana operators will no doubt impact the state’s economy and create a pathway for publicly traded cannabis companies.
