Missouri hashish regulators on Monday formally revoked one other 25 facility licenses in a program designed to learn deprived enterprise homeowners however suffering from allegations of predatory practices.
Of the 96 microbusiness licenses issued by the state by way of a lottery for the reason that program’s inception in 2023, regulators have revoked 34.
Two had been revoked for having a disqualifying felony offense on the homeowners’ document. The remaining had been for failing to point out that the microbusiness licenses can be majority owned and operated by eligible people, in accordance with the Missouri Division of Hashish Regulation.
For greater than a yr, The Unbiased has documented the sample of well-connected teams and people flooding the microbusiness lottery by recruiting folks to submit purposes after which providing them contracts that restricted their revenue and management of the enterprise. Almost the entire 32 licenses which were revoked for possession points adopted this sample.
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