Missouri cannabis leader accused of using ‘predatory’ contracts to win social-equity licenses

 Missouri cannabis leader accused of using ‘predatory’ contracts to win social-equity licenses

John Payne recruited eligible Missourians and had them sign a 47-page contract that would ultimately give him and his partners 90.1% of profits and majority control of the business.

By Rebecca Rivas
The Missouri Independent
When John Payne was leading the campaign to legalize recreational cannabis in 2022, he faced a major hurdle.
Black business owners were largely excluded f…