Virginia regulators gave initial approval Tuesday to five companies planning to open the state’s first medical cannabis dispensaries, selecting a mix of established industry players and Virginia-based entrepreneurs.
After private discussions that lasted more than five hours, the Virginia Board of Pharmacy named the five winning applications out of a field of 51.
Within a year, the selected companies will open the state’s first authorized marijuana growing facilities, but the dispensaries will sell only non-psychoactive CBD and THC-A oils to registered patients who obtain paperwork from a doctor. The winning companies will now have to undergo background checks before the license awards are finalized later this year.
Top Image: © Lulla | Adobe Stock
