Projected marijuana tax revenue in 2024 enough to fully fund Missouris health, public safety departments [Video]

JEFFERSON CITY, Mo. (KY3) – The combined state and local tax revenue generated from cannabis sales in Missouri is projected to reach $238 million in 2024, according to estimates by the Missouri Cannabis Trade Association.

For perspective and scale, that’s one million more dollars than what Gov. Mike Parson recommended to fund Missouri’s Departments of Health & Senior Services and Public Safety combined in 2025.

“Honestly, we’ve continued to grow,” said Katie West, who manages Missouri Health & Wellness dispensary in Jefferson City. “We see new people every day. We see people come from out of state. We see people come from all over the place and it’s just really exciting. There’s no shortage.”

The association reported total sales of $2.5 billion since the products were first legalized in 2020, resulting in $370 million in state and local revenue. $984.6 million of that total came from medical marijuana sales.

“We think that the Missouri program has really been an …