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Virginia Legislature Gears up for Retail Cannabis Market, Potential Nov. 2026 Start

Proposal targets a regulated market with 50% of licenses for micro-businesses and raises local tax caps to 3.5%, aiming for community reinvestment and equity.

  • The Joint Commission on the Future of Cannabis Sales will present its final retail proposal Tuesday, targeting retail sales to begin November 1, 2026, if lawmakers pass the bill and Gov.-elect Abigail Spanberger signs it.
  • Earlier this year, lawmakers created the Joint Commission on the Future of Cannabis Sales to resolve stalled adult-use retail bills after legalization left no sales mechanism and vetoes blocked prior efforts.
  • The draft licensing regime allocates and caps authorizations, reserving up to 50 percent of initial licenses for micro-businesses and limiting license holders to five authorizations, including a direct-to-consumer license.
  • Local governments across Virginia would gain new taxing authority with a 3.5 percent cap, aiming to fund schools and public-health campaigns while supporting micro-businesses and communities harmed by prohibition, Paul Krizek said.
  • Lawmakers in the General Assembly must introduce the commission's bill in the 2026 session, and Gov.-elect Abigail Spanberger has pledged to sign it despite critics flagging delivery and labeling concerns.
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Cardinal News broke the news in on Monday, December 1, 2025.
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