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How Virginia can fix its regulated marijuana market

Rachel Wright (Courtesy photo)

(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.)

Virginia’s adult-use marijuana market, approved by voters in 2021, was once full of potential.

But the program – originally intended to launch Jan. 1, 2024 – has instead been derailed by politics and is now in limbo.

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As such, Virginia remains a medical-only state.

Limited-license market

The Virginia Department of Health licenses one pharmaceutical processor to cultivate and package medical marijuana for each of its five Health Service Areas (HSAs).

Simon Menkes (Courtesy photo)

Each processor is permitted to open up to six dispensaries in its HSA, so vertical integration is required.

That seems a reasonable (if modest) goal; however, it hasn’t been

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