South Dakota Nearly Doubles Medical Marijuana Registration Fees, CT. Gov. Lamont Puts Social Equity Funds On Hold & More
South Dakota: Medical Marijuana Registration Fees Nearly To Double
Medical marijuana businesses in South Dakota will have to pay nearly double the current amount for their state registration certificates, writes Sioux Falls-based TV station KELO.
Starting no later than Sep. 30, the price of the annual certificate would amount to $9,000 from the current $5,310. The change comes under Senate Bill 43 which Governor Kristi Noem (R) signed in March, together with two other medical marijuana bills.
According to the outlet, the higher feed will affect 78 dispensaries, 21 manufacturing sites 40 cultivation sites and three testing facilities.
See Also: South Dakotans Will Vote On Legalizing Cannabis In November Election, Marking Third Attempt
Alaska: Cannabis Tax Reform Bill Stalls In Senate
Alaska legislators closed the final day of this Senate session without passing a cannabis tax reform bill. State senate president Sen. Gary Stevens, (R) said the Senate just didn’t have time to hear the bill, writesAlaska’s News Sources.
“We have not seen it in the Senate; we have not had a chance to really look at it and see what that bill would do,” Stevens said.
If the measure had not been stalled, but rather approved and signed by Gov. Mike Dunleavy (R), it would have created the first statewide sales tax, changing the $50 per ounce marijuana tax to a 7% sales tax.
Trevor Haynes, a vice president of the Alaska Marijuana Industry Association and Good Cannabis co-founder and general manager was disappointed to hear that the bill was not approved.
“I don’t necessarily think that we’re in danger of going out of business but that downward trend …