Notable Players
No MSOs currently

A Deeper Look At This State

Regulatory Framework

South Dakotans for Better Marijuana Laws (SDBML) submitted signatures in May of 2022 to the Secretary of State to place an adult-use cannabis legalization measure on the state's November ballot after the last voter- approved legalization initiative was struck down by the South Dakota Supreme Court.

The proposal would legalize the personal use, posession and cultivation of cannabis for those 21 years and older. The state's lawkmakers had made attempts to legalize adult-use during this year's legislative without success, leaving this campaign as the final option for full legalization in 2022.

Notable Market Activity

There is no notable activity at this time.

What's the Play?

With a population of ~900K, 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

21+ Population

~0.5MM

Annual Tourists

~
14
MM

Medicinal Legalization

2020

Adult-Use Legalization

2020

First Adult-Use Sales

Pending

MMJ Patients

500

Monthly Revenue

0

Cultivation Cap

Not Yet Determined

Cultivation Licenses

18/No Limit (Operational/ Limit)

Retail Licenses

39/No Limit (Operational/ Limit)

Retail License Cap per Operator

Not Yet Determined

Vertical Integration

Not Yet Determined

Delivery

Not Yet Determined

MMJ Qualifications

Not Yet Determined

Adult 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

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Chicago
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Los Angeles
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Chicago
Shit We Don't Know

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