On January 1, 2027, only the five existing pharmaceutical processors, who already have flower curing in their vaults, could possibly be ready. Every independent cultivator licensed under the new framework will have barely broken ground.
Max Jackson
Max Jackson is the founder of Cannabis Wise Guys, a consulting firm.
Cannabis advocates: Virginia’s $20 million cannabis conversion fee isn’t punitive — it’s market reality
Virginia legislators are debating whether to charge existing medical cannabis operators a multimillion-dollar fee to convert to adult-use licenses. Critics call it excessive. It’s not.

