The Virginia Cannabis Control Authority’s Board of Directors received updates on cannabis legislation, federal regulatory developments, and the agency’s budget outlook during its June 2 meeting in Richmond.
During a legislative and regulatory update, CCA staff reported that Virginia’s adult-use cannabis market legislation, HB 642 and SB 542, was vetoed by the governor. Officials also reviewed recently enacted changes affecting medical cannabis operations under HB 391 and cannabis enforcement provisions under SB 543, noting that additional implementation guidance will be released as needed.
Board members also discussed federal cannabis policy developments. CCA Executive Director Shawn Casey said the Authority is monitoring the federal rescheduling order related to medical cannabis and emphasized that the action applies only to FDA-approved drugs and products operating within regulated medical markets. The Authority said it will continue to evaluate potential impacts on Virginia’s cannabis program and make adjustments as necessary.
The board also addressed budget uncertainty facing the agency. Because the Virginia General Assembly has not yet approved a state budget, staff were unable to present a formal Fiscal Year 2027 budget for board approval. Preliminary projections indicate slightly higher general fund spending due to planned public health education initiatives funded through carryforward funds.
To ensure uninterrupted operations, the board voted to allow the Authority to continue operating under its current budget authority beginning July 1 until a Fiscal Year 2027 budget is approved by the General Assembly and presented to the board.
During the public comment period, Craig Broderson expressed interest in participating in the development of regulatory compliance standards for Virginia’s cannabis industry. The board later entered a closed session to discuss matters exempt from public disclosure requirements and subsequently authorized staff to proceed with negotiations discussed during the session.
The meeting adjourned at 2:04 p.m.
