Predatory Practices Persist In Missouri’s Cannabis Industry, Find Investigations Into Microbusiness Licenses
Predatory practices seem to be still going on within Missouri’s social equity cannabis program.
An investigation by The Missouri Independent showed that out of the 96 microbusiness licenses granted by the state through a lottery since the program began last year, cannabis consultant David Brodsky is associated with seven, all of which are either under investigation or at risk of being revoked.
Recognized by the Missouri Cannabis Trade Association for his role in developing the Missouri microbusiness community and mentoring disadvantaged business owners, Brodsky and his partners charge up to $4,000 for consulting services to help applicants enter the state’s microbusiness lottery.
The initiative is meant to help disabled veterans, low-income individuals and those with non-violent marijuana offenses.
In Missouri, seven licenses connected to Brodsky have faced investigations, issued in July. Regulators questioned the legitimacy of the business agreements, alleging false or misleading information brought by four of them who received …