SIOUX FALLS, S.D. – Registration fees for medicinal cannabis businesses will go up nearly 70 percent by the end of this month.
The state Department of Health has the authority to raise the fee following the passage of Senate Bill 43 this session.
Once the bill becomes enforced, certification prices will rise to $9,000. Currently, it stands at $5,310.
The South Dakota Department of Health oversees South Dakota’s medical cannabis program. The department initially set the amount at $5,000 in 2020. The law and the rule call for the amount to adjusted annually for inflation. That’s how the original $5,000 grew to the current $5,310.
The new law takes effect on the first of July. It requires the fee hike to go into effect by Sept. 30.
