The state-legal cannabis industry has been growing steadily over the years, with the sector worth an estimated $13.6 billion as of 2019. At the moment, 33 states have legalized medical cannabis and Virginia is set to join the club. The state’s medical marijuana law had been a constant source of confusion and frustration for reform advocates until Gov. Ralph Northam recommended an amendment to revise the language of the legislation to expand patient access to the plant and grant them legal protections.
The state’s medical cannabis program is set to launch soon with four medical marijuana dispensaries opening their doors this year, according to Virginia NORML. Dharma will open in Bristol in mid-August, Green Leaf hopes to open in Green Leaf while Columbia Care and Beyond/Hello have not yet provided opening dates. Under recent legislation, the five licensed processors will be allowed to open five more dispensaries called pharmacies…
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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