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Virginia adult-use cannabis law goes into effect on July 1st

Virginia has recently legalized the use of cannabis. Two amendments to the cannabis bills SB 1406 and HB 2312 were approved by Virginia Governor. The two bills would create a legal timeline for legalizing the commercial cannabis market. Starting July 1st, adult Virginia residents can legally possess up to one ounce of cannabis and grow up to four plants per household.

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Virginia became the first state in the South to legalize adult-use cannabis after on Wednesday, April 14th, state lawmakers approved several amendments to cannabis bills SB 1406 and HB 2312 proposed by Virginia Governor Ralph Northam, NORML wrote.

If you want to find more details about the legalization of cannabis in Virginia and the new changes to the law, and to read the latest cannabis news in the world, download for free the Hemp.im mobile app.

What happened


The two bills would create a legal timeline for legalizing the commercial cannabis market in the Old Dominion and also allow adult possession and cultivation of cannabis. Last week, the governor proposed changes to the legislation that would allow the personal use provisions of the law to take effect July 1st, 2021, instead of Jan. 1st, 2024, which was originally enacted by the Legislature.

This means that starting July 1st, adult Virginia residents can legally possess up to one ounce of cannabis and grow up to four plants per household. In addition, state regulators should adopt regulations licensing the commercial production and sale of cannabis by July 1st, 2024, the outlet reports.

Why it matters


“This is an incredible victory for Virginia. Legalization will put an end to the thousands of minor marijuana violations that occur annually in the Commonwealth – ending a discriminatory practice that far too often targets young Virginians, poor Virginians, and Virginians of color,” said Jenn Michelle Pedini, NORML development director and executive director of Virginia NORML.

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David Culver, vice president of global government relations at Canopy Growth (NASDAQ:CGC), also commented on the news, saying that the passage of the bill three years ahead of the original schedule shows that “state policymakers across the country are listening to their constituents and embracing the promise of a safe and well-regulated cannabis market.”

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He further added that “this historic momentum cannot be ignored and responsible operators like Canopy Growth urge the Biden administration to take note that an ever-growing majority of Americans support full federal legalization. The time to end cannabis prohibition and cultivate a fair and responsible industry focused on social justice and economic prosperity is now.”

In recent weeks, Governor Northam signed several medical cannabis measures – to protect the employment rights of state-registered medical cannabis patients; and to allow for the production and dispensing of botanical cannabis products.

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(Featured image by WildOne via Pixabay)

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Sharon Harris is a feminist and a part-time nomad. She reports about businesses primarily involved in tech, CBD, and crypto. She started her career as a product manager at a Silicon Valley startup but now enjoys a new life as a personal finance geek and writer. Her primary aim is to provide readers with a new perspective on the overlapping world of finance and technology.