Cannabis

With the bill defeated, sellers of smokable and edible CBD products will continue to be required to pay a $1,000 registration fee for each location they want to operate, whether they are brick-and-mortar stores or pop-up events.

“This bill would allow brick-and-mortar stores to sell at festivals, fairs, farmers markets and other temporary locations without having to pay a $1,000 fee for an additional location at each event.”

The agency moved into the Deep Run III building, which formerly was part of the campus of now-defunct electronics retail giant Circuit City.

The new Cannabist dispensary took over a former ABC liquor store and follows yet another failed attempt by the General Assembly earlier this year to establish a retail recreational pot market.

The next step for the bills is for the Senate and House to consider the versions passed by their counterparts in the other chamber.

A Senate subcommittee considered two competing bills, and ultimately decided to potentially combine elements of the two.

Will the third time be the charm to start a recreational marijuana market the commonwealth?

The region’s lone legal medical marijuana provider has found a spot for its fourth store in the area, this time across from White Oak Village.

Inspectors from the Virginia Department of Agriculture and Consumer Services have issued $1.5 million in fines to about 20 stores statewide thus far.

Cannabis company Cresco Labs announced Monday that it is calling off its plans to acquire competitor Columbia Care, which controls the licenses to sell medical marijuana in the greater Richmond region.