Soon after the November 2020 elections, Virginia Gov. Ralph Northam announced plans to propose cannabis legalization legislation when the state’s General Assembly convenes in January. If passed, that legislation would make Virginia the only Southern state that allows adult-use marijuana. Lawmakers in the state have up to 24 months to come up with a cohesive regulatory structure to govern the cannabis industry. According to Virginia’s Joint Legislative Audit and Review Commission, the following are some of the key areas legislators will have to focus on.
Expunging past cannabis convictions. According to the 200-page report released by the state Joint Legislative Audit and Review Board, black Virginians are three and a half times more likely to be arrested for possession than a white Virginian. Expunging past cannabis convictions will go a long way in addressing this racial inequality as well as allowing individuals…
CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.
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