Reclassification eases taxes and banking for medical cannabis, but leaves state with questions

By: Makenzie Huber

Outlets: South Dakota Searchlight

Published: August 17, 2026

Words: 645

Last Updated: 21 hours, 43 minutes ago

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A federal change in medical marijuana’s legal classification should help South Dakota’s medical cannabis industry claim business tax deductions and gain access to banking, officials told state lawmakers Monday, but questions remain about the broader impact.

Whitney Brunner, administrator of the state’s medical cannabis program, told the legislative Medical Marijuana Oversight Committee during a meeting at the Capitol in Pierre that the federal government has shared little information about the change with the state — …

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