A federal judge rejected Missouri’s state residency requirements for license ownership. It’s a big win for the state industry since Show Me State companies have struggled to find capital in the market.
- In his Cannabis Musings newsletter, Reed Smith Attorney Marc Hauser wrote: “This ruling comes as no surprise, continuing a trend of federal courts finding these requirements unconstitutional. …What’s really notable to me about this kind of decision is that a federal court is enforcing federal constitutional law about something that’s completely illegal under federal law. It’s a paradox.”