South Dakota Voters Approve Recreational And Medical Marijuana Legalization Ballot Measures
Marijuana Stocks, Finance, & InvestingUncategorized November 5, 2020 MJ Shareholders
South Dakota voters have approved two ballot initiatives to legalize marijuana for recreational and medical purposes, according to projections from the Associated Press.
The recreational measure, which is a constitutional amendment, will make it so people 21 and older will be able to possess and distribute up to one ounce of marijuana, and they will also be allowed to cultivate up to three cannabis plants. Upon formal passage, legalization will become the law on July 1, 2021. The Department of Revenue will be charged with developing licensing regulations by April 1, 2022.
The medical cannabis initiative will make a statutory change to allow patients suffering from debilitating conditions to possess and purchase up to three ounces of marijuana from a licensed dispensary. The state Department of Health will have until October 29, 2021 to enact regulations for the program and then must issue patient registration cards by November 18.
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