Cannabis Wire,Altria last month registered to lobby for “Equitable Regulation of Cannabis Sales in Virginia,” the web site reported.Both houses of the Virginia General Assembly last week passed bills that would legalize adult-use cannabis use and sales in the state. If the bills are approved by Gov. Ralph Northam, sales in Virginia, where Altria maintains corporate headquarters in the state capital of Richmond, would begin in 2023.
“Altria supports the federal legalization of cannabis under an appropriate regulatory framework,” George Parman, an Altria spokesman, told“As a stakeholder in this industry we intend to work with policy makers and regulators in support of a transparent, responsible, and equitable operating environment for the sale of cannabis,” he added.Several bills that would reschedule cannabis and allow for federal sales have been introduced in both houses of Congress.
Under Schumer, it seems likely that the Senate will vote eventually on cannabis reform. And with Altria, Big Tobacco—now also Big Marijuana—is poised to have a seat at the table.
Very promising market !
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BATplc have you published anything in the public domain covering your medium-term strategy on cannabis?
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