Building a Cannabis Dispensary in South Dakota

Thursday, May 06

A first for the nation, South Dakota voters supported legalizing both medicinal and adult-use cannabis during the November 2020 elections. On July 1, 2021, medical dispensaries will begin selling cannabis. The state has until April 1, 2022 to develop rules and regulations for selling cannabis to the adult-use market. First-year medical marijuana sales are expected to total $1.5 – $2.0 million, with the market reaching $10 million – $12 million by 2024.