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US (VA): High prices plague MMJ market in Virginia

A new report is shedding light on the state of the medical cannabis industry in Virginia. The report found that because of high prices, fewer Virginians obtain medical cannabis through the state’s regulated market compared to other states.

The data revealed the cost of a gram of medical cannabis costs $14 in Virginia. A gram of medical cannabis costs $8.73 in Washington, DC, while a gram of adult-use cannabis in Maryland costs $9.27.

“Virginia’s medical cannabis program is not operating optimally,” explained Jeremy Preiss, the acting head and chief officer of the Virginia Cannabis Control Authority.

The high cost means 90% of patients in Virginia obtain cannabis from sources other than Virginia’s medical market. Virginia law allows anyone over 21 to cultivate up to four plants of cannabis with restrictions, in addition to giving anyone over 21 the ability to share cannabis, with restrictions as well.

Read more at wric.com

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