420 with CNW — Virginia to Start Retail Cannabis Sales in July 2027
Virginia leaders have reached an agreement on legislation aimed at establishing a regulated recreational cannabis market across the Commonwealth, a watershed moment in the state’s long-running debate over legal cannabis sales. Under the deal, licensed recreational cannabis sales would begin on July 1 next year. A statewide tax of 6% would take effect when the market launches, increasing to 8% two years later. Cities and counties would also have the option to impose an additional local tax ranging from 1% to 3.5%. Governor Abigail Spanberger said the proposal is designed to reduce illegal cannabis activity while creating opportunities for farmers and small business owners through a regulated and competitive system. …

















