To their credit, last year Virginia Democrats started the state on the path to ending marijuana prohibition. But being Democrats, they could not resist mucking it up with needless regulation.
First, they legalized use and possession of an ounce or less, but allowed only 4 legal markets for the entire state until 2024.
Then they sought, as always, to choose the winners and losers in the marketplace, reserving future licenses to grow and supply to ‘communities adversely affected by cannabis prohibition.’ As opposed to farmers and lawful retailers.
Finally, they taxed it so heavily (26%) that the black market will still have a niche.
Alcohol prohibition was bad, but when we ended it, we didn’t give a monopoly in the marketplace to Al Capone. We did overtax it, which is why there is still a market for moonshine.
Anyway, hopefully Republican politicians who are not hostile to free markets can set it right.