The Virginia Senate and House of Delegates have approved competing bills to regulate and tax recreational marijuana sales, more than two years after the state legalized the possession of cannabis by adults. Each bill now heads to the other chamber of the state legislature, where lawmakers are expected to make several amendments to the measures. Both bills legalize retail sales of cannabis to adults aged 21 and older with a scheduled start date of January 1, 2025, according to a report from… Read more.
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Both chambers of Virginia’s legislature have now given at least preliminary approval to separate plans that would legalize retail marijuana sales in the commonwealth. Significant differences remain between the competing proposals, however, which lawmakers will need to hammer out before sending any bill to the desk of Gov. Glenn Youngkin (R). Meanwhile, measures on resentencing people with prior cannabis convictions and preventing the legal use of marijuana from denying parental visitation or custody rights also moved forward ahead of a… Read more.
Virginia lawmakers this week resumed their quest to legalize adult-use marijuana retail operations in their state, the largest to legalize use and possession without also launching sales. Meanwhile, elected representatives in West Virginia reintroduced a recreational marijuana legalization proposal. In Virginia, state Sens. Adam Ebbin and Aaron Rouse introduced a bill that would allow for adult-use sales to begin in the state in 2025. It’s similar to an effort that failed last year. And the familiar standoff between Virginia’s Democratic lawmakers, who control both chambers… Read more.
As Virginia Democrstic lawmakers renew their push to legalize marijuana sales, the Republican governor says the issue isn’t something he’s personally interested in advancing this year. While advocates are hopeful that commercial legalization could move through both chambers of the legislature, which are now controlled by Democrats, the remarks from Gov. Glenn Youngkin (R) indicate that the plan might not be enacted into law even if it is approved by the House of Delegates and Senate. Following his State of… Read more.
A Virginia state senator says he’s “confident” that lawmakers can send a bill to tax and regulate marijuana sales to Gov. Glenn Youngkin (R) in the coming year. The question now is whether supporters can build enough bipartisan support to avoid a potential veto. “I am confident, with Democratic majorities in the House and the Senate, that we can get a bill to the governor’s desk,” Sen. Adam Ebbin (D) said in a local TV news interview that aired over… Read more.
When Democrats officially retake full control of the Virginia General Assembly in January, newly sworn-in lawmakers will take with them to Richmond renewed hopes the first state in the South to legalize marijuana possession can finally launch an adult-use market that is projected to top $1 billion in sales within a few years. But one very difficult obstacle remains: Republican Gov. Glenn Youngkin, who is said to have national political ambitions and zero interest in setting up a legal marketplace.… Read more.
It’s not uncommon for residents of states yet to enact cannabis laws to travel and obtain their weed through out-of-state dispensaries. However, one Southern state appears to be experiencing this issue when it comes to medical cannabis, even though it’s had legal, operational medical dispensaries since 2020. A new 78-page report released by the Virginia Cannabis Control Authority (CCA) takes a closer look at the state’s medical cannabis market, most notably finding that the state’s high prices are driving consumers to border… Read more.
A new forecast of Virginia’s election predicts that Democrats are likely to win control of both chambers of the legislature on Tuesday—a result some advocates believe could open the door for lawmakers to legalize retail cannabis sales in the state. A separate poll, meanwhile, found 58 percent support among likely voters for allowing marijuana sales to proceed. While marijuana legalization technically isn’t on Virginia’s ballot this week, advocates expect the results of the statewide election to shape the future of marijuana… Read more.
Since the 2018 Farm Bill authorized hemp production and removed the crop from the Drug Enforcement Administration’s (DEA) schedule of Controlled Substances, the hemp-derived cannabinoid industry has boomed across the nation — including the sale of hemp-derived, psychoactive delta-8 and delta-9 THC. Virginia is one of the more recent states to contest the ever-increasing hemp-derived cannabinoid market, namely as it pertains to THC. While hemp businesses recently requested an injunction, which would have blocked a new state law imposing stricter limits on… Read more.
A federal judge in Northern Virginia on Monday denied an attempt to block a recently enacted state law that imposed stricter limits on intoxicating hemp products, the Virgnia Mercury reports. In the opinion, U.S. District Judge Leonie M. Brinkema said the state “demonstrated that delta-8 THC is a credible threat to the Virginia population.” The plaintiffs, which include Virginia hemp businesses, argued in the lawsuit that Virginia had overstepped its authority to regulate hemp in a way that conflicted with federal law and interfered with interstate commerce.… Read more.
Two hemp businesses and a consumer filed a lawsuit in Virginia federal court contending the state’s new restrictions on low-THC, hemp-derived products is causing financial harm to hemp companies and inhibiting interstate commerce. The lawsuit by hemp-product retailer Northern Virginia Hemp and Agriculture, North Carolina-based grower and distributor Franny’s Operations and consumer Rose Lane argues the new regulations will cause “millions of dollars of irreparable harm” while banning products that were recently legal exacerbates “potential health problems to thousands of Virginians,” the… Read more.
The administration of Virginia Gov. Glenn Youngkin (R) has no plans to allow adult-use cannabis sales to commence in the state while he is in office, the Daily Progress reports. Adult-use cannabis sales were expected to begin in 2024 under a law passed by the legislature and signed by former Gov. Ralph Northam (D) in 2021; however, during a Virginia Cannabis Public Health Advisory Council meeting last week, Joseph Guthrie, commissioner of the Virginia Department of Agriculture and Consumer Services said the… Read more.
No updates were provided on the timing for sale close. Columbia Care Inc. (CSE: CCHW) (OTCQX: CCHWF) reported modest first-quarter growth, despite economic headwinds and the closure of several retail locations, according to the cannabis company’s financial results for the period ending March 31, 2023. The U.S.-based cultivator, manufacturer, and retailer of cannabis products said its top-line revenue grew 1% from the same quarter in 2022 to $124.5 million. The growth beat expectations by $1.3 million and was largely driven by strong performance… Read more.
Florida House Committee OKs Hemp Product Restriction Bill Following the approval of a bill related to regulating for hemp-derived products, entrepreneurs are concerned that the bill could put them out of business. The proposed bill, HB 1475, sponsored by Republican Will Robinson Jr. of Manatee County, aims to limit the amount of THC in retail hemp products. This move is in response to the growing popularity of Delta-8, a legal product that has led to proposed hemp regulations in over 20 states in the past two years.… Read more.
THE FIRST THING YOU SEE upon entering the Core Social Justice Cannabis Museum in Boston’s Jamaica Plain neighborhood is a digital stained glass window stamped “Cannfessional.” Behind it is a small sound booth, wrapped in cloud-print wallpaper, with a glowing neon chair and a microphone dangling from the ceiling. Facing the chair on the wall is a TV with a camera mounted on top. This is where you reveal your truth. With the Cannfessional, the museum encourages participants to record themselves telling stories… Read more.
Virginia Gov. Glenn Youngkin (R) is proposing a CBD carveout to a proposed state law that would enact strict regulations on hemp-derived THC products, the Virginia Mercury reports. Under the governor’s plan, hemp products that contain a 25:1 ratio of CBD to THC would not be affected by the broader hemp industry reforms being considered by lawmakers. Youngkin spokeswoman Macaulay Porter told the Mercury on Tuesday that the amendment continues the governor’s “efforts to crack down on dangerous THC intoxicants including synthetic products such as… Read more.
Virginia’s recreational marijuana industry is on indefinite hold. Less than two years after the state became the first in the South to legalize adult-use marijuana for adults 21 and older, the projected start date for legal sales of Jan. 1, 2024, has been effectively scrapped. It’s unclear when – or if – recreational MJ sales will begin. The issue: The legalization bill that the then-Democratic-controlled General Assembly sent to former Gov. Ralph Northam two years ago was a half-measure. Northam signed the bill… Read more.
Both chambers of the Virginia General Assembly voted Friday to pass a bill to toughen regulations on hemp-derived products that contain intoxicating THC through a more robust permitting system and stricter labeling rules. Retail marijuana sales will remain illegal under the proposed law. Proponents of the bill called it a necessary first step toward cracking down on largely unregulated THC products, including increasingly common delta-8 edibles, that have created safety and consumer protection concerns. “I think this will go a long way… Read more.