Virginia to Become the 16th State to Regulate Cannabis?

Описание: Virginia took a major step toward becoming the 16th state in the nation to legalize a recreational marijuana market and the first in the South after the House of Delegates and Senate passed different legalization bills.

Virginia’s MMJ dispensary sales in 2021 are projected to range from $9M to $11M. Adult-use marijuana product sales would be taxed at 21% in addition to the standard state sales tax of 6%. Municipalities could charge up to an additional 3%.

A delay between legalization and a market launch would give Virginia time to create an independent agency, the Cannabis Control Authority, to oversee the market, and to develop regulations and rules.

Show Notes:
Virginia lawmakers pass landmark recreational marijuana legalization bills
https://mjbizdaily.com/virginia-lawma...

Guest:
Katrina Glogowski, Seattle Attorney & Angel Investor
  / katrina-glogowski-711a985  

Host:
Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.
  / joshkincaid  

Episode 651 of The Talking Hedge:
Your Cannabis Business Podcast.
​Covering cannabis products, reviews, business news, interviews, investments, events, and more.
https://www.theTalkingHedgepodcast.com

Music Info:
Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018Artist: LuxrayBeats

Keywords:
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