INDUSTRY DEVELOPMENTS South Dakota The state issued its first three medical marijuana dispensary permits. But with no corresponding cultivation or processing licenses awarded, it's unclear when sales might begin. The state health department said it continues to process business applications but did not provide a timeline for more approvals. In 2020, South Dakota became the first market where voters approved both medical and recreational marijuana during the same election, but the state's highest court struck down the adult-use program on technical grounds. Virginia Lawmakers filed a flurry of bills that would make critical changes to the recreational marijuana law enacted last year. Proposed changes include moving up the retail sales launch from 2024 and slashing the overall tax rate from 21% to 10%, according to the Associated Press. The original law earmarked 30% of tax revenue from retail sales for a fund that would reinvest in communities affected by the war on drugs, but two lawmakers have proposed legislation to funnel the money away from reinvestment. The Virginia Minority Cannabis Coalition is one of several advocates that say eliminating equity funding is a " slap in the face " to the effort to ensure the adult-use industry is equitable and inclusive. Note: Entries sourced from MJBizDaily, Hemp Industry Daily and other international, national and local news outlets. These developments occurred before this magazine's publication deadline, so some situations might have changed. LOWEST COST PER MICROMOLE BACKED BY AN INDUSTRY LEADING WARRANTY Scan the QR code to find your lighting solution. 7 year limited warenty WE'RE TEAMING UP WITH BVV TO BRING OUR CLIENTS HIGH QUALITY LED LIGHTING SOLUTIONS. Surna.com | 303.993.5271http://www.Surna.com