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Cannabis Industry Association of South Dakota forms to establish businesses new industry

(KOTA)
Published: Mar. 17, 2021 at 4:09 PM MDT
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RAPID CITY, S.D. (KEVN) - Some South Dakotans are already organizing to protect the business interests of the state’s upcoming marijuana industry.

As Marijuana will be available for purchase in South Dakota, business owners and entrepreneurs aiming to capitalize on a legal marijuana market have formed a trade organization to establish the economic climate.

“The Cannabis Industry Association of South Dakota is a group of business owners, entrepreneurs, and advocates who are working together to build a responsible and successful cannabis industry that serves the needs of medical cannabis patients and adult cannabis consumers, strengthens the state economy, creates jobs, provides new opportunities for existing South Dakota businesses, and generates tax revenue to fund schools and other public programs.

The Cannabis Industry Association of South Dakota has eight businesses apart of the board right now. Ned Horsted will serve as the acting executive director of CIASD.

“Our top priority is to ensure that South Dakota’s new cannabis laws — Amendment A and Measure 26 — are implemented in a manner that establishes a fair and competitive cannabis regulatory system,” Horsted said.

Initiated Measure 26 allows for the use, sale and cultivation of medical marijuana and will take effect on July 1.

Amendment A makes cannabis legal for all adults in South Dakota--however, is undergoing a lawsuit in the South Dakota Supreme Court

“I’m thrilled to help launch this organization,” said Horsted. “The policies established by Amendment A and Measure 26 will create new economic opportunities for South Dakotans and CIASD is going to ensure that the state fully realizes this potential. We are hopeful and confident that Amendment A will be upheld by the South Dakota Supreme Court.”

The CIASD is accepting applications from new potential members. More information is available on the CIASD website (www.ciasd.com).

The CIASD Board is comprised of the following businesses:

  • Deadwood Management
  • FSST Pharms
  • Johnson Properties, LLC
  • Blau Ernte, LLC
  • MedRec, LLC
  • North Coast Cannabis Company, LLC
  • SDMCS LLC
  • Sozo SD, Inc.

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