South Carolina

insights

March 25, 2025
Notable Players
No MSOs currently

A Deeper Look At This State

Regulatory Framework

The South Carolina Compassionate Care Act, which has been stalled on multiple occasions in previous years, was reintroduced in December 2024. The bill, which is yet to be passed in the senate, would establish a legal framework for a medical-use cannabis market. The bill would also establish a Medical Cannabis Advisory Board to oversee the industry, including regulating patient licensing and health/safety regulations.

Notable Market Activity

There is no notable activity at this time.

What's the Play?

Though the proposed medical marijuana bill is highly restrictive, The Palmetto State will ultimately be an attractive market with a population of over 5MM people and long-term pressure from neighboring states with less restrictions.

Market Snapshot

This Data Point

58,380

This Data Point

58,380

This Data Point

58,380

This Data Point

58,380

This Data Point

58,380

This Data Point

58,380

This Data Point

58,380

This Data Point

594/273

By The Numbers

Population

~5.5MM

21+ Population

~4.1MM

Annual Tourists

~
30
MM

Medicinal Legalization

N/A

Adult-Use Legalization

N/A

First Adult-Use Sales

N/A

MMJ Patients

N/A

Monthly Revenue

N/A

Cultivation Cap

N/A

Cultivation Licenses

N/A

Retail Licenses

N/A

Retail License Cap per Operator

N/A

Vertical Integration

N/A

Delivery

N/A

MMJ Qualifications

Adult Population/ # Retail Licenses

Accepts Out of State MMJ

MMJ Patients / # Retail Licenses

Top Cultivators

Notable Market Activity

Quick sentance is needed or wanted

Quick sentance is needed or wanted

Quick sentance is needed or wanted

Proprietary Sharp Capital Advisors data - compiled using various sources including state and local government data

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West Palm beach
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WEst palm beach
Principal
West Palm Beach
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West Palm Beach
Shit We Don't Know

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