On February 26, 2015, Virginia Gov. Terry McAuliffe signed HB 1445 into law. This measure will provide an affirmative defense to patients who suffer from intractable epilepsy (and, for minors, their parents, or legal guardians) for the possession of marijuana extracts that contain at least 15% of either cannabidiol (CBD) or THC-A and no more than 5% THC.
By merely providing an affirmative defense, the law has no provisions for any type of marijuana business. The CBD oil companies is extremely unlikely to ever get off the ground. It's highly restrictive and not really a "big" business in the sense of potential market and profits for owners. They're more medical facilities than businesses.
Once the state allows non-CBD businesses, that's the time we may be involved with its marijuana industry.
To get ahead and be prepared for when the state will start licensing marijuana businesses, you should:
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