South Dakota Prepares Second Try For Adult-Use Cannabis Legalization

Zinger Key Points
  • South Dakota invites public feedback on a new adult-use cannabis proposal, setting a potential path for legalization by 2024.
  • The proposal includes provisions for dual-use licenses for current medical operators and personal cultivation limits.

South Dakota is preparing to join the ranks of states legalizing adult-use cannabis. Attorney General Marty Jackley recently submitted a proposal for legalizing recreational marijuana to Secretary of State Monae Johnson. The draft, unveiled on November 17, is now under a mandatory 10-day public review period as per state law.

Citizens have until November 27 to submit their feedback on the proposal. Following this, the Attorney General will finalize the legislative summary within a subsequent 10-day period. As Dakota News Now noted, for the measure to appear on the 2024 ballot, it must garner the support of at least 17,509 signatories.

Past Attempts and Current Challenges

South Dakota’s journey towards legalization is not new. In 2020, the state legalized medical marijuana through Initiated Measure 26. There are 254 approved practitioners and 12,791 patients with approved medical cannabis cards, serviced by 90 dispensaries across the state, according to Green Market Report.

Efforts to legalize adult-use cannabis in South Dakota faced hurdles in the past. A 2020 initiative for legalization was rejected by voters and an earlier approved version was invalidated by the state Supreme Court. A separate piece of legislation is under consideration to repeal the state's existing medical cannabis law.

Potential Outcomes of Legislation

If passed, the legislation would allow medical cannabis operators to obtain dual-use licenses. This would enable them to sell cannabis for non-medical purposes to individuals over 21. However, local governments could limit the number of licenses issued.

The proposed law also permits personal cultivation of up to six plants per individual and 12 plants per household, while maintaining restrictions on driving under the influence of cannabis.

National Implications

The outcome of South Dakota’s decision holds significant national implications. With Ohio recently becoming the 24th state to legalize adult-use cannabis, South Dakota’s potential legalization would bring half of the U.S. states into the fold of legalization, echoing historical parallels with the end of alcohol prohibition.

Photo: Courtesy of Kindel Media by Pixabay and Hugo Brizard – YouGoPhoto by Shutterstock

Did you miss the first wave of cannabis investments? Don't make that mistake again.
Experts believe cannabis stocks have found their floor and are now poised for unprecedented growth. Join Benzinga PotProfits. Benefit from Michael Berger's sharp analysis, revealing top cannabis stock opportunities and timely updates. Experience the potential of 10%+ returns in just 90 days. Our 4.5-star Marketfy rating speaks volumes. Secure your position in this booming sector with a 30-day money-back guarantee. The time to invest is now before everyone else realizes it. Secure your profits with Benzinga. Click here now to learn more.

Market News and Data brought to you by Benzinga APIs
Posted In: CannabisNewsPoliticsMarketsSD CannabisSouth Dakota Adult-use cannabissouth dakota attorney generalSouth Dakota Cannabis
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

The Benzinga Cannabis Capital Conference is coming to Florida

The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.

Get your tickets now on bzcannabis.com – Prices will increase very soon!


Loading...