Financial News
Virginia’s Assembly, Senate Pass Differing Cannabis Sales Bills
The Senate and House in Virginia recently approved marijuana resolutions that would legalize retail cannabis sales in the commonwealth. Both resolutions would establish legal, regulated cannabis sales starting 2025, though considerable differences remain in terms of licensing, timing, criminal penalties, social equity, taxes and whether growers would be allowed to grow marijuana outdoors.
The house measure’s sponsor, Delegate Paul Krizek, stated ahead of the second reading that the time had come for Virginia’s illegal marijuana market to…
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