Newsbrief: Va. gov, lawmakers reach deal on REC sales
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After vetoing a bill to begin REC sales in January, Virginia Gov. Abigail Spanberger (D) has reached a compromise with lawmakers. The deal limits the state to 350 pot shops when sales begin July 1, 2027.
The deal also sets a standard state tax rate of 6%, rising to 8% in 2029, not including taxes imposed by cities, who'll be able to add another 3.5%.
“My counterparts had, and I think, a correct worry that if . . .
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