Cannabis Business Licensing in South Dakota
Date of Last Update: October 26, 2020
In this video, 3C CEO Nic Easley gives an overview of what changes are pending in South Dakota and the first action steps needed to prepare for cannabis business licensing opportunities.
Program Details
Type of Program
- Currently illegal for both medical and adult-use.
Regulatory Agency
History of Legalization in South Dakota
Ballot initiatives to legalize medical marijuana appeared on the ballot in 2006 and 2010, both of which failed to pass.
Market Metrics
- Population: 884,659
- Number of Licensed Cannabis Businesses: 0
- Number of Registered Medical Patients: 0
Licensing
- There are currently no licenses available in South Dakota.
How to Get Started
- Actively assess the ballot initiatives in South Dakota for the legalization of adult-use and medical cannabis in November.
- Identify strategies for entering the first legalized cannabis market in South Dakota. Be actively involved in the legislative process.
Pending Changes to South Dakota’s Cannabis Program
There are currently two initiatives on the ballot.
Measure 26 would legalize a bonafide medical marijuana program in the state. Eligible patients with doctor certification would be allowed to possess a maximum of three ounces of medical marijuana. Qualifying conditions would include severe and debilitating pain.
Amendment A would legalize, regulate, and tax marijuana for individuals age 21 and older. The amendment requires the Legislature to pass laws regarding hemp and regulations ensuring access to marijuana for medical use. Individuals would be allowed to possess up to one ounce of marijuana. Marijuana sales would be taxed at 15%.
To date, 3C has developed cannabis license applications for clients in over 50 markets globally. Our team is standing by and ready to help you plan for, complete, review, and submit your application. Now is the time to get a head start.
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