A Virginia cannabis commission held its second meeting focused on the future of marijuana in the commonwealth, with members taking input on tax and revenue options for cannabis sales as lawmakers again consider establishing a commercial market.
Convened as part of a resolution passed by the legislature earlier this year, the Joint Commission to Oversee the Transition of the Commonwealth into a Cannabis Retail Market is charged with gathering feedback and making recommendations on an array of policy matters around commercial marijuana sales.
Wednesday’s meeting comes almost two months after the commission first convened, with members discussing broad regulatory considerations and other issues related to THC potency, the hemp market and more.
Use and possession of marijuana has been legal in Virginia since 2022, but retail sales remain forbidden—a situation that’s helped fuel a multibillion-dollar illicit market. Despite efforts by Democrats in past years to legalize and regulate the retail system, Gov. Glenn Youngkin (R) has stood in the way of the reform, vetoing proposals passed by lawmakers during each of the last two sessions.
Youngkin, however, is term-limited and unable to run for re-election in November. The governor’s replacement is likely to decide whether regulated products will become available in the
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