South Dakota

Thu
25
Feb

South Dakota May Let Banks Choose Whether To Work with Cannabis

money with cannabis on top

While South Dakota is still stalled when it comes to making legal cannabis a reality within state borders, the state is already working on legislation that allows banks to decide whether or not to do business with the legal cannabis and hemp industry. 

Wed
24
Feb

4 Ways Weed Shops Can Keep Their Customers Coming Back

people at a cannabis dispensary

Maine officially rolled out adult-use cannabis sales last October. Arizona, New Jersey, South Dakota, Montana, and Mississippi are all on track to open up shop soon, creating a greater likelihood that we'll see more cannabis dispensaries across the U.S. sooner rather than later. 

According to Zendesk's Customer Experience Trends Report 2020, "nearly three out of four customers (74 percent) feel loyal to a specific brand or company, and more than half (52 percent) will go out of their way to buy from their favorite brands or businesses."

Wed
24
Feb

Marijuana, hemp businesses move one step closer to banking in South Dakota

sign that reads bank surrounded by some money and marijuana leaves

Marijuana and hemp-related businesses are one step closer to gaining access to South Dakota banks.

House Bill 1203 proactively lays groundwork for banks and their subsidiaries to work with any person that acquires an industrial hemp or marijuana license, pending legalization of the substances at the state level. The legislation passed in the state House of Representatives on Monday afternoon with a vote of 64 in favor, four opposed and two excused.

Without a bill of this kind, those involved in cannabis industries would only be able to carry out business transactions in cash, as marijuana is considered an illegal business at the federal level.

Fri
19
Feb

Cannabis Regulatory Update: Hawaii Legalization, NJ Still In Question, South Dakota AG Won’t Defend Adult-Use

glass jar with cannabis spilling out onto wooden table

 

Hawaii Senate Says Yes To Cannabis Legalization

Hawaii Senate Committee on Public Safety, Intergovernmental and Military Affairs voted in favor of two cannabis measures on Tuesday. (h/t Marijuana Moment)

The first bill asks for adult-use cannabis legalization and the other to amend the state’s current decimalization law.

The Aloha State decriminalized the possession of up to three grams of cannabis in 2019, under a law that went into effect in 2020.

The law also replaced criminal penalties with a $130 fine.

Thu
18
Feb

Without access to South Dakota banks, future marijuana businesses could only use cash

pile of money with marijuana leaf on top

A bill that would allow future marijuana shops and hemp businesses to use South Dakota banks will move forward to the House floor after a unanimous vote of approval by the House Commerce & Energy Committee.

House Bill 1203 lays proactive groundwork for banks and their subsidiaries to work with any person that acquires an industrial hemp or marijuana license, pending legalization at the state level.

Without a bill of this kind, those involved in the cannabis industries would only be able to carry out business transactions in cash, because marijuana is considered an illegal business at the federal level.

Thu
11
Feb

South Dakota Governor Delays Implementation of Medical Marijuana Initiative

cannabis spilled out over table

South Dakota Gov. Kristi Noem announced on Wednesday that she is seeking to delay the implementation of a successful voter initiative to legalize medical marijuana. The state’s voters approved Initiated Measure 26 (IM 26) to allow qualified patients to use cannabis medicinally in the November general election with nearly 70% of votes cast.

Tue
09
Feb

Judge rules recreational marijuana measure unconstitutional in South Dakota

legal gavel against some cannabis buds

A Hughes County judge has ruled that a voter-approved amendment to the South Dakota Constitution ending marijuana prohibition in the state shouldn't go forward.

Circuit Court Judge Christina Klinger ruled Monday that Constitutional Amendment A violates the state Constitution on two grounds: It violates the single subject rule, meaning it encompassed more than one topic, and it conflicts with language in the Constitution that provides for its modification.

Fri
05
Feb

Cannabis and the South: How Things Change

tree growing in the forest

When it comes to the North vs the South in America, there is usually a pretty evident divide when it comes to social issues. From abortion to religion in schools to drugs, the South is generally slower to adopt new policies. In the case of cannabis and the south, a lot of change has happened in the last few years, signaling a massive shift in overall public perspective.

Wed
03
Feb

Cancel Cannabis? Some Lawmakers In Newly Legal States Sure Are Trying

neon sign of marijuana leaf that says "legal"

‚ÄúThis shows what can happen when politics override the will of the people and causes a stalemate in the rollout of voter-favored programs,‚ÄĚ says one industry expert.

Four of the five states that passed cannabis-centric ballot initiatives on Election Day 2020 have since run into hurdles.

The pathway from ballot question to implementation has only been smooth for one of the five states to pass measures recently ‚ÄĒ Arizona. Adult use sales began on Jan. 22, with many medical dispensaries expanding to adult use to accommodate the newly opened market.

The Copper State sets a new bar by opening its market just a couple months after passing an initiative. Lawmakers from the other four states, however, are stalling the process.

Thu
14
Jan

South Dakota Governor Kristi Noem Backing Anti-Cannabis Litigation

marijuana plants

South Dakota turned heads last year around election time by first legalizing both recreational and medical cannabis, then immediately facing backlash over the decision to legalize. Now, litigation is officially underway to try and put a stop to recreational cannabis becoming a reality, and Republican Governor Kristi Noem is backing the opposition, something which she did not admit to until just recently. 

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