It would take up to five years for a recreational marijuana program to become fully established in Virginia if legalization efforts there proceed, a working group set up by state legislators predicts.

The group’s report follows comments earlier this month by Gov. Ralph Northam that he would push for an adult-use cannabis program during the 2021 legislative session.

According to the Richmond Times-Dispatch, the working group estimates the industry could generate $698 million to $1.2 billion in economic activity.

The panel – made up of four members of Northam’s cabinet and other senior government officials – is prioritizing the creation of a state agency to regulate a new cannabis market as well as collecting data on current marijuana use in the state.

The group also includes representatives from public health and law enforcement, according to the Times-Dispatch, but no civil rights advocates.

The group’s report recommends creating several licensing tiers, taking into account social equity concerns for locating facilities and dispensaries.

This all follows a Nov. 16 report from the General Assembly that found legalizing recreational cannabis could provide financial benefits to the state while helping end the impact of marijuana prohibition on people of color.

Marijuana Business Daily

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