Cannabis Opportunities In South Dakota

First state to legalize recreational use without first legalizing medical use

Division
South Dakota
Jay Matos
Marijuana Lobbyist & Expert
About The Highway Company

The Highway Company are cannabis experts and business consultant with a deep understanding of cannabis laws, rules, and regulations across the local, state and federal level. For more than a decade, we have served as advocates, educators, and lobbyists to a multitude of business owners & government officials.

Current Laws In South Dakota

South Dakota will vote on medical marijuana and adult-use legalization in November!

Thanks to the hard work of advocates who gathered over 83,000 signatures in just two months last fall, South Dakota will become the first state to ever vote on medical marijuana and adult-use legalization at the same time.

South Dakotans for Better Marijuana Laws is championing the initiative to tax and regulate marijuana similarly to alcohol and working alongside New Approach South Dakota, which is supporting the medical marijuana measure. Both campaigns expect strong opposition from powerful politicians in the state, but polling suggests each proposal enjoys majority support among South Dakota voters.

South Dakota marijuana possession laws may be the nation's harshest

Possession of just a small amount of marijuana in South Dakota carries a potential penalty of a year in jail and a $2,000 fine. Even more alarmingly, individuals who have consumed marijuana elsewhere are also subject to this penalty if they test positive for past use — even if they consumed marijuana in a state where it was legal. South Dakota appears to be the only state with such an “internal possession” law. In addition, possession of any amount of hash or concentrates is a felony, punishable by up to five years in prison and a fine of up to $10,000. Even just possessing drug paraphernalia, like a marijuana pipe, in South Dakota can land you a misdemeanor charge, up to 30 days in prison, and up to a $500 fine.

A study by the American Civil Liberties Union found that South Dakota was among the top 10 states for racial disparities in marijuana possession arrest rates. Despite people of all races using marijuana at very similar rates, blacks in South Dakota are nearly 4.8 times more likely than whites to be arrested for marijuana possession.

South Dakota allows controlled access to cannabidiol, fails to protect medical cannabis patients

In 2017, South Dakota's legislature enacted the most restrictive and limited of any state law that acknowledges some form of cannabis’ medical value. The law (Senate Bill 95) removed cannabidiol (CBD oil) from the definition of marijuana and made it a Schedule IV controlled substance, if and only if CBD oil was approved by the Food and Drug Administration. (A House committee had approved a version of the bill that would have eliminated the FDA approval requirement.)

In 2018, the FDA approved Epidiolex, a nearly pure pharmaceutical extract of cannabidiol, for Lennox-Gastaut and Dravet Syndromes, types of epilepsy.

Unfortunately, this does not help patients who need some THC in order to get relief for their symptoms, so an effective medical marijuana program is still needed. It also does not help patients who benefit from other types of CBD products or who have other medical conditions.

Cannabis Opportunities In South Dakota

Founded by Jay Matos, the lobbyist of the marijuana industry, The Highway Company Offers a variety of strategic approaches that can secure your position In the New Mexico cannabis industry.
Coming from a lobbyist background, finding Cashless Cannabis™ & Bud Bank™, and being in the industry for a decade gives our partners an advantage by:

  • Scouting Dispensary Locations
  • Securing Banking and Bank Accounts With Bud Bank
  • Securing Cashless Payments With Cashless Cannabis
  • Developing Security Service & Remote Monitoring.
  • Working With Local Municipal Governments
  • Securing Proper Land Use
  • Completing all Dispensary Applications
  • Securing Proper Recreational Licensing
  • Hiring & Training Staff
  • Developing A Compliance Game plan.
  • Securing Wholesalers
  • Securing Top Brands to Stock
  • Developing White Labeled Product

Our Services

Founded by Jay Matos, the lobbyist of the marijuana industry, The Highway Company offers a variety of services that can secure your position in your local marijuana industry.

Legal & Licensing

Secure your license and have a legal staff on hand after opening.

Cashless Cannabis™

Cashless Cannabis™ is the industry's first cashless sales system designed for out of state investors.

Bud Banking™

Bud Bank™ is the industry's first legal cannabis bank account program.

Operations & Staffing

From preparing for inspections to staffing a dispensary.

White Labeling & Marketing

Sourcing product and white labeling experts that have designed data driven concepts to ensure a profit.

Exit Strategy

Not all good things last. They become great. We will optimize your business for a maximum evaluation.

Be Our Next Multi-Million
Dollar Dispensary.

Founder of Cashless Cannabis™ & Bud Banking™,
The Highway Company provides investors a turn-key cannabis operation.