Three ways Measure 29 would improve South Dakota’s economy:

Measure 29 would eventually lead to a large increase in tax revenue after the legislature implements taxation (the initiative does not currently include taxation due to the limitations imposed by the strict single-subject rule). A few weeks back, we wrote about our neighboring state of Montana. In case you missed that post, you can find it on our website at the button below! Montana implemented a 20% tax on recreational cannabis and has generated  $117,786,055 in tax revenue since implementation went into effect on January 1, 2022. 

Not only would South Dakota greatly benefit from an eventual “weed tax” under the passage of Measure 29, but it is also estimated by the Legislative Research Council (LRC) that Measure 29 would save counties over half a million dollars each year on incarceration expenses. Read the full report below:

Most shockingly, South Dakota spends 7.2 million dollars each year to keep 241 prisoners incarcerated on possession via ingestion charges (South Dakota is the only state with felony-level possession via ingestion). Click on the image below to learn more.

There is a large pile of revenue at our fingertips, as long as South Dakota voters show up on November 5th to vote YES on Measure 29.