How Much Does Medical Marijuana Cost in Missouri?

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How Much Does Medical Marijuana Cost in Missouri?

The price you pay for medical cannabis at dispensaries in Missouri varies depending on location. Medical cannabis dispensaries located in cities with many other dispensaries usually offer competitive prices while prices are usually high in cities with few dispensaries. Besides location, the cost of medical marijuana also depends on factors like the quality and strain of the marijuana used in the product you are buying. For example, the average price of 1 ounce of high quality marijuana in Missouri is $355. In comparison, the same quantity of medium quality marijuana costs $272 in the state.

Can You Use a Credit Card at a Dispensary in Missouri?

No. Most cannabis dispensaries do not accept credit cards. This is because banks and credit card companies are likely to block marijuana-related transactions as a result of the federal classification of marijuana as a controlled substance. Patients shopping in Missouri dispensaries can, however, pay for their orders with cash or debit cards. Some dispensaries also accept transfers from select mobile app payment providers.

Does Missouri Tax Medical Marijuana Sales?

Yes. In addition to the state’s standard sales tax, Missouri also charges a 4% cannabis tax on all medical marijuana purchases completed at dispensaries in the state. However, in Missouri, medical cannabis purchases are not subject to local taxes.

Does Recreational Marijuana Cost More Than Medical Marijuana in Missouri?

Missouri levies three types of taxes on recreational marijuana sales. These include the state’s standard sales tax, a 6% cannabis sales tax, and a 3% local tax. With recreational marijuana attracting higher taxes, the cost of adult-use cannabis at Missouri dispensaries is likely to be higher than that of medical marijuana.

How to Save Money on the Cost of Medical Marijuana in Missouri

There is no state-run program offering any group of registered patients lower cost medical cannabis in Missouri. However, Missouri allows registered patients to cultivate up to six flowering cannabis plants at home for their personal use. This can help patients save on the amount they spend on medical cannabis.

Patients ordering from dispensaries can also save on the cost of medical marijuana by taking advantage of the loyalty programs, sales events, and discounts offered by such dispensaries. If you live in a city with multiple dispensaries, you should visit those near you to see if they are offering lower prices or better cannabis product selections than the dispensary you regularly visit.

Missouri patients do not have to wait for dispensary sales to save on the cost of medical cannabis. They can spend less on their cannabis prescriptions by switching to longer-lasting medical cannabis products such as edibles.