State Of Virginia Approves Adult-Use Cannabis

Virginia approved adult-use cannabis legalization in a historic vote marking the first state in theOld South to embrace full legalization. The measure was passed with a 48-43 vote, and the Senate approved it in a 20-19 vote. “This, to me, is a justice bill,” Del. Charniele Herring, a sponsor of the legalization bill and the Democratic majority leader. “While it has flaws and it is not the perfect bill … I think this moves us a step in the right direction.” The vote came after a conference committee struck a deal on Saturday to reconcile different versions of the bill that passed in both chambers earlier this month.

Virginia is the 16th U.S. state to pass an adult-use marijuana legalization law and sales are set to start in 2024. There are two other states – Illinois and Vermont – who have passed legislation to legalize, tax and regulate recreational marijuana through the legislature. The Virginia move places pressure on the state of Maryland, where an adult-use legalization bill had its first hearing this month. New Jersey also recently enacted legalization, after voters overwhelmingly backed a referendum in November. Virginia Governor Northam has championed legalization as a racial justice issue. Virginia will begin setting up a marijuana regulatory agency this July.

As more states legalize the use of cannabis some states are starting to see supply issues. These supply issues are placing increased demands on the existing cultivation facilities. While many cultivation facilities in California are currently at capacity with demand increasing there exists an opportunity for entrepreneurs who want to be involved in this industry. Along with the recreational aspect the Virginia medical marijuana program is just getting off the ground. Lawmakers passed a bill this session to expand the medicinal cannabis program and allow marijuana flower products.

The new legislation was based on two studies on the issue: a report from his administration and another from the nonpartisan Joint Legislative Audit and Review Committee. Lawmakers also tackled the thorny issue of how to prevent large corporations from taking over the marijuana market, and how to handle automatic expungements of marijuana offenses when the criminal justice system lacks the technology to do so. Cannabis Grow Builders has been involved in the emerging legal Cannabis Industry as a builder and developer of grow facilities since 2016. Daniel Stevenson and his team work with Cannabis Entrepreneurs and Solopreneurs to maximize the potential in their business while remaining on the cutting edge of constantly changing governmental regulations. Please reach out to us at 916-933-7333, via e-mail at daniel@cannabisgrowbuilders.com

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