Notable Players
No MSOs currently

A Deeper Look At This State

Regulatory Framework

In 2020, the green-wave crashed into South Dakota making it the first state to simultaneously legalize medical- and adult-use cannabis. Further, in February 2021, the House Commerce & Energy Committee approved a bill to let marijuana and hemp businesses use banks.

Notable Market Activity

There is no notable activity at this time.

What's the Play?

With a population of ~900K and adult-use legislation passed, attractive assets will be based on each municipality. It’s hard to see many scaled and profitable operations here. Look for retail with strategic moats around Bass Pro Shops and the local minor league team.

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

~0.9MM

Annual Tourists

~
14
MM

Medicinal Legalization

2020

Adult-Use Legalization

Pending

First Adult-Use Sales

Pending

MMJ Patients

0

Monthly Revenue

0

Cultivation Cap

Not Yet Determined

Cultivation Licenses

0

Retail Licenses

0

Retail License Cap per Operator

Not Yet Determined

Vertical Integration

Not Yet Determined

Delivery

Not Yet Determined

MMJ Qualifications

Not Yet Determined

State Population / # Retail Licenses

Not Yet Determined

Accepts Out of State MMJ

MMJ Patients / # Retail Licenses

Not Yet Determined

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
Shit We Don't Know

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