A quick roundup of some of the latest news for the Virginia cannabis industry and beyond for the week of February 20, 2022 …
CannaBizVA’s Lobby Day
Just a reminder, our CannaBizVA Lobby Day will be taking place in Richmond on Monday, February 21, 2022. We will be connecting with officials throughout the day, as well as a Legislative Reception in the evening. Please contact us if you need further details!
The bill states that senior citizens will be able to “self-certify their own eligibility for cannabis without having to get a recommendation from a doctor.” It also extends the registration renewal deadline for patients and creates a week-long medical marijuana tax relief “holiday” that coincides with the unofficial cannabis event known as 4/20.
“The rise of delta-9 THC products derived from hemp, commonly sold online and shipped across state lines with little of the taxes or safety requirements faced by marijuana producers, has the cannabis industry bracing for tighter state and federal limits on intoxicating hemp products.”
While not a story that impacts Virginia (today), it’s an interesting look at the growth of hemp as a food source worldwide.
Forbes looks at trends of the cannabis industry and what they expect to take shape in 2022.
Another look at 2022 trends, this time from MJBizDaily