Did you know that a retail marijuana market in the Commonwealth would have given way to an 11.6% sales tax, of which 8% would have gone to the state, 2.5% to the local option tax, and 1.1% to K-12 education? Last month, Governor Glenn Youngkin vetoed Senate Bill 448 and House Bill 698. The state would have started taking applications for cultivating, processing, testing, and selling cannabis on Sept. 1. Sale of the drug would have begun on May 1, 2025. Learn more at our link in bio. #cannabis #virginianews #marijuana #cannabiscommunity #virginiapolitics