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Tuesday, October 31 2023
Breaking News
 * Chiefs and Patriots compete for fans and influence in Germany ahead of games
   in Frankfurt
 * Missouri’s Cold Weather Rule begins November 1st
 * Nearly $40M in medical marijuana tax has been sent to Missouri Veterans
   Commission

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Home/Latest News/Nearly $40M in medical marijuana tax has been sent to Missouri
Veterans Commission
Latest NewsNews Joplin MOTrending


NEARLY $40M IN MEDICAL MARIJUANA TAX HAS BEEN SENT TO MISSOURI VETERANS
COMMISSION

Ted Bojorquez2 hours ago


JEFFERSON CITY, MO – Today, the Missouri Department of Health and Senior
Services (DHSS) transferred $13 million in funds from Missouri’s medical
marijuana program to the Missouri Veterans Commission (MVC). This marks the
fifth transfer to date, for a total of $39,978,820, since the medical program
was formed in late 2018.

Additionally, DHSS transferred $3,836,919 in funds generated by Missouri’s adult
use marijuana program to agencies as outlined in Article XIV, Section 2, of the
Missouri Constitution. Recipient agencies of adult use program funds include the
following:


 * MVC ($1,278,973): for use exclusively for health care and other services for
   military veterans and their dependent families;
 * Missouri State Public Defender ($1,278,973): to be used only for legal
   assistance for low-income Missourians;
 * DHSS ($1,278,973): to operate a grant program for subrecipients to increase
   access to evidence-based, low-barrier drug addiction treatment prioritizing
   medically proven treatment and overdose prevention and reversal methods and
   public or private treatment options with an emphasis on reintegrating
   recipients into their local communities, to support overdose prevention
   education, and to support job placement, housing, and counseling for those
   with substance use disorders.

Missourians voted in November 2018 to adopt Constitutional Amendment 2, known
now as Article XIV, Section 1. The amendment includes a provision requiring that
fees and taxes generated by the medical marijuana program, less operational
expenses, be transferred to the MVC for health and care services for military
veterans. Article XIV, Section 1, states that medical marijuana sold in licensed
dispensaries is to be (state) taxed at a rate of 4%.

In November 2022, Missouri voters approved an additional amendment. Less the
program operational expenses and funds necessary to carry out responsibilities
in the expungement of criminal history records, Article XIV was amended to
include provisions requiring that fees and taxes generated by the adult use
marijuana program be transferred to MVC, Missouri State Public Defender and DHSS
for purposes outlined above. Article XIV, Section 2, states that adult use
marijuana sold in licensed dispensaries is to be (state) taxed at a rate of 6%.

“It is incredible that Missouri voters passed the adult use amendment less than
one year ago, and we are now starting to see the financial impact the program’s
success will have on multiple organizations and the Missourians they serve,”
said Amy Moore, Director of the Division of Cannabis Regulation with DHSS.

MVC Executive Director Paul Kirchhoff added, “These funds will help MVC continue
to support the existing infrastructure of our seven Veterans Homes.”

Funds transfers will continue to occur on an annual basis.