Why South Dakota’s Medical Cannabis Businesses Are Disappearing: The Pressures Behind a 24.5% License Decline

South Dakota’s medical cannabis industry has lost nearly one-quarter of its licensed establishments since reaching its high point three years ago. The state reported 139 certified medical cannabis establishments in state fiscal year 2023, including 79 dispensaries. By July 14, 2026, only 105 establishments remained: 60 dispensaries, 30 cultivation facilities, 14 manufacturing facilities, and one … Continue reading Why South Dakota’s Medical Cannabis Businesses Are Disappearing: The Pressures Behind a 24.5% License Decline