This Week in Virginia Cannabis Industry News, August 29, 2022

Inside the ‘wild, wild west’ of Virginia’s marijuana market

This Washington Post article goes into great detail on some of the “grey area” businesses that have been appearing throughout the state as we wait for further legislative action. As person interviewed in the article bluntly put it, “Scared money don’t make no money.”

Inside California’s Cannabis Crisis

It is important to note that even when production and sales are finally allowed in Virginia, problems still remain. Unreasonable regulations, high taxes and a thriving illicit market in California are crushing the legitimate marijuana industry in the state.

Virginia cannabis firms expand medical facilities amid uncertainty over adult-use sales

Speaking of thriving, the medical marijuana industry continues to grow in Virginia while uncertainty remains for the rest.

Groups offer $1M in cannabis scholarships to Virginia students

This week’s “Continuing Education” highlights a new program in Virginia that allows students access to both $1,000 scholarships for cannabis education as well as $50,000 to start businesses upon graduation.