Push for legal marijuana in Missouri raises questions about future market, prices | Cannabis Business Executive – Cannabis and Marijuana industry news

With Missouri voters weighing legalization of recreational marijuana this fall, critics are raising questions about how the market will be structured — and the likely dollars-and-cents impact on consumers.

The petition has faced blowback from some who say the Legal Missouri campaign — primarily funded by current medical marijuana companies — gifts control of the fully legal market to that same group of entrepreneurs.

One Missouri industry insider predicted in June that changes to the market post-legalization would likely anger medical marijuana patients, who could face higher prices.

“What’s going to happen is the patients are all going to be really pissed because all of a sudden the prices are going to go up once supply and demand catches up,” said John Mueller, co-founder of Greenlight, which operates 15 dispensaries in Missouri. “That’s basically how it will probably transpire.”