Bill > HB2485

This bill establishes a comprehensive framework for creating a regulated retail marijuana market in Virginia, with key provisions as follows: The bill creates the Virginia Cannabis Control Authority to administer the new marijuana market, with licenses for marijuana cultivation, processing, transportation, testing, and retail sales beginning September 1, 2025, though actual retail sales cannot commence until May 1, 2026. The legislation allows individuals 21 and older to possess up to two and a half ounces of marijuana and cultivate up to four marijuana plants at home. It introduces a system of micro business licenses prioritizing individuals from historically economically disadvantaged communities, including those with prior marijuana-related convictions or from specific community backgrounds. The bill establishes a Cannabis Equity Reinvestment Fund to support communities disproportionately impacted by previous drug enforcement, with 60% of marijuana sales tax revenues directed to this fund. Local governments can hold referendums to prohibit retail marijuana stores in their jurisdictions. The bill also sets up regulations for licensing, testing, packaging, labeling, advertising, and consumption of marijuana, with strict age restrictions and consumer safety provisions. Notably, the legislation provides protections for existing medical cannabis processors and industrial hemp producers by reserving license slots and providing priority in the new market. The bill takes a comprehensive approach to creating a regulated marijuana market while addressing social equity concerns and prioritizing public health and safety.

Budget and Finance, Justice

https://lis.virginia.gov/bill-details/20251/HB2485