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Benzinga
Benzinga
Business
Nicolas Jose Rodriguez

Virginia Lawmakers At Impasse: How To Move Legal Cannabis Program Forward And Control Illicit Market?

A new law seeking to legalize recreational marijuana has stalled in Virginia’s GOP-controlled House, reported coastreporter.net on Thursday. Terry Kilgore, the chamber's majority leader, said that he does not expect the House to vote before the Tuesday deadline.
Garren Shipley, a spokesperson for House Speaker Todd Gilbert said their biggest concern is having a regulatory structure in place for retail sales in order to discourage the illicit market.

With adult possession legalized but no way to buy recreational marijuana in Virginia, both Republicans and Democrats have expressed support for moving up the date for retail sales to try to prevent growth in the illicit market. However, the two sides do not agree on how to reinvest tax revenues from marijuana sales.

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