South Dakota Cannabis License Solutions

The South Dakota Cannabis License Experts experienced team will help you to get your South Dakota dispensary license faster and with an unmatched success rate. Having to repeat your South Dakota cannabis license application process will set your business back by months and significantly impact your earnings potential. We’ll help you navigate the South Dakota cannabis cultivation license market and help you on your path to a South Dakota cannabis license and much more by booking your free consultation today.
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South Dakota cannabis license

South Dakota Dispensary- Market Overview

The first state to legalize both medical and adult-use cannabis simultaneously, South Dakota through voter initiative passed two ballot measures in 2020 making history. Measure legalized medical cannabis and established a medical program for qualifying patients. Amendment A legalized adult use cannabis however after the election the Governor of South Dakota filed a lawsuit creating major delays in the legalization process and eventually leading to the South Dakota Supreme Court overturning the Amendment 4-1 and putting a halt to the adult use legalization process. Advocates in the state are gearing up for a new adult use legalization bill for 2022, the deadline for South Dakota cannabis license submission to be included on the ballot is early May 2022.

Book a free consultation today to learn more about cannabis in South Dakota and how the South Dakota Cannabis License Experts can assist you and your team on your path to a South Dakota Cannabis Establishment License.

South Dakota cannabis license Requirements, Timelines, and Selection

South Dakota’s medical cannabis program and facility licensing is regulated and overseen by the South Dakota Department of Health. The Department accepts South Dakota cannabis license applications on a rolling basis and has not established firm limits on the number of licenses it will issue but instead defer to local municipalities to set these limits. While cities have the authority to limit South Dakota cannabis license numbers in their jurisdiction they cannot outright ban medical cannabis dispensaries from locating within the municipality. Multiple cities have developed a local South Dakota cannabis licensing lottery process to award dispensary licenses. An updated list of these processes is available on the Department’s website for cannabis.

South Dakota Medical Cannabis License Types and license numbers as of 5/2/2022
south dakota dispensary license application

Hear from Our Successful Clients

Some of the World’s Largest Brands have Trusted CLE to Support their Cannabis Journey.

5 Star Google Reviews

Matthew Caton Yield Cannab

Canna License Experts, and their team were retained by our company to help us along the way with a retail canna license. Brian Wolf along with Kalpna Mistry and their team of experts were there the entire way through the process. Thanks again to Brian and Kalpna for all you support from our family at YIELD Cannab Co.

Lin Yan GMLL Pharma

We have contacted a few licensing company before I decided to contact with Canna licensing Experts. So far I think I have made the right choice and I am happy with the work they have done for us. The team answer questions promptly and never leave us alone. Not to mention their charge are reasonable comparing the similar type of consulting company and quality of their job.

Joseph Dow Dow Testing Labs

Brian and Kalpna at Cannabis License Experts were very pleasant, informative, and knowledgeable regarding licensing. They helped us fill out all the forms needed and guided us through the entire process. I am sure that without their guidance our application would still be in process, or have been dismissed because of some missing information.

Basic Demographic Information
Resources include the US Census Bureau, City-Data.com, and any additional relevant resources.
Total # of Counties
Total # of Cities/Towns
County population in 2019 183,793

Sioux Falls

35
Median Age
$61K
Medial Income
$219K
Median Home Price
$849/Month
Fair Market Rent

Business Climate

Overall, the majority of the state has embraced the formal legalization of cannabis for medical use. It is anticipated that the state will move towards adult legalization despite already passing a voter initiative that was then reversed. Licensing is in early stages and opportunities within South Dakota’s cannabis industry continue to open as more municipalities begin licensing businesses. South Dakota is known for being one of the easiest and cheapest states to start a business in due to its low tax burdens, lack of income tax, lowest utility rates as well as low commercial rent costs.
south dakota cannabis cultivation license
south dakota dispensaries license

South Dakota Dispensary - Financial Requirements

Many States and local jurisdictions require a certain level of liquidity, cash on hand, and /or CPA and/or bank letters to ensure that South Dakota cannabis license applicants have the financial wherewithal from the South Dakota cannabis license process through to the initial 2-5 years of operations. South Dakota does not require a minimum amount of capital for its state South Dakota cannabis license application process, individual municipalities may have separate requirements. Each South Dakota cannabis license application has a nonrefundable fee of $5,000.

Real Estate & Zoning

South Dakota cannabis license regulations require that local municipalities define the zoning and limitations for cannabis establishments. Local zoning laws often restrict cannabis establishments from locating within proximity to certain business types, schools, and other prohibited areas that should be researched according to local and municipal rules. Possession of real estate and local approval is required during the South Dakota cannabis license establishment process.

For more information on the available South Dakota cannabis licenses, how to open a dispensary in South Dakota, or filling out your South Dakota dispensary license application, book your FREE consultation.

https://medcannabis.sd.gov
South Dakota cannabis license

Rapid City

39

Median Age

$51K

Medical Income

$207K

Median Home Price

$828M

Fair Market Rent

77,503

Country Population in 2019

One-Stop Business Solutions Provider

When you partner with CLE, you are able to leverage our proven knowledge and best industry resources to provide you a complete Cannabis Business Solution.

Don't Know Where To Begin? Get Started Now

Applying for a South Dakota Cannabis Establishment License and unsure where to start?
South Dakota Cannabis License applications are accepted on a rolling basis at the state level. South Dakota Cannabis License Experts can help guide you through the South Dakota Cannabis licensing process from start to finish both at the state and local municipality level. Not sure where to start? CLE can develop a preliminary business and feasibility plan to help give you an understanding of your businesses viability within the South Dakota cannabis license market.
In order to get started, reach out to one of our regulatory experts today to learn more about Cannabis Business Solutions.
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