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First Marijuana Resort Slated to Open….. in South Dakota

A state in which neither medical nor recreational marijuana sales are legal, will become home to the Nation’s first marijuana resort.

In June, the Justice Department passed a new policy allowing for American Indian Tribes to operate marijuana business like those in operating in Colorado and Washington, where the plant is completely legal.

The Flandreau Santee Sioux tribe in South Dakota recognized the opportunity in this new policy, and began developing the nation’s first marijuana resort. As reported by the Associated Press on Tuesday, the resort, set to open on New Year’s Eve, will include a smoking lounge, food and bar services, and a night club. All of the marijuana distributed at the resort will be grown on the tribe’s own land. Tribal president, Anthony Reider, plans to eventually add slot machines and a live music venue.

Though the resort will have to comply with strict regulations, such as guests leaving the reservation with marijuana being prohibited, the payoff is expected to be substantial. The Santee Sioux tribe expects that the resort could generate up to $24 million a year in profits.

Article Link: http://time.com/money/4054120/marijuana-resort/

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