Author: Eric Postow

[ad_1] By Eric Postow As we step into 2024, the landscape of cannabis regulation in Virginia is undergoing notable changes. These developments, while significant, bring with them a sense of anticipation as stakeholders and observers alike watch closely to gauge their effectiveness and impact. Regulatory Transition and Its Implications The shift of regulatory oversight from the Board of Pharmacy to the Virginia Cannabis Control Authority (CCA) signifies a significant shift in Virginia’s cannabis policy. This strategic move is designed to consolidate regulatory functions under one authority, potentially leading to more efficient and streamlined processes. The change reflects a broader trend…

[ad_1] If that sounds strange because there is no “adult use” retail right now, that’s because Virginia may have just ushered in a de facto adult use market without calling it that. Allow me to explain. On July 1, 2023, the regulations and code of Virginia were updated in a few important ways that impact the Virginia industrial hemp marketplace. For starters, we have an updated definition of “hemp product” that we should take a close look at. “Hemp product” means a product, including any raw materials from industrial hemp that are used for or added to a food or…

[ad_1] The 2023 Session of the General Assembly brought significant changes to Virginia’s hemp industry with new legislation that amended the Code of Virginia, setting forth fresh requirements for certain hemp-derived products. As of July 1, 2023, these requirements took effect, impacting hemp businesses across the state. Some of the changes are head scratchers while others seem to make some reasonable sense. Among the updates, definitions have been introduced for important terms like “edible hemp product,” “hemp product,” “hemp product intended for smoking,” and “industrial hemp extract.” Here are my top defined terms from the updated code sections. These will…