Item 489.30 | First Year - FY2025 | Second Year - FY2026 |
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| Cannabis Regulation and Enforcement (30800) | $11,677,682 | $15,415,348 |
| Administrative Services (30801) | FY2025 $11,677,682 | FY2026 $15,415,348 |
| Fund Sources: | | |
| General | FY2025 $6,973,114 | FY2026 $0 |
| Enterprise | FY2025 $3,795,750 | FY2026 $14,506,530 |
| Dedicated Special Revenue | FY2025 $908,818 | FY2026 $908,818 |
Authority: §§4.1-601 through 4.1-1503, Code of Virginia.
A. Out of the amounts appropriated in this item, $6,973,114 the first year from the general fund and $4,704,568 the first year from nongeneral funds and $15,415,348 the second year from nongeneral funds is provided for the general operations of the Virginia Cannabis Control Authority. Of this amount, the Cannabis Control Authority shall deposit $1,000,000 the first year from the general fund into the Fund established pursuant to § 4.1-1501, Code of Virginia.
B. The Director, Department of Planning and Budget, is authorized to transfer up to $2,500,000 from any general fund balance originally appropriated in Item 479 U., Chapter 552, 2021 Acts of Assembly, Special Session I to the Cannabis Control Authority to cover one-time costs of a seed-to-sale tracking system.
C. Any balances remaining at the end of the fiscal year 2024 shall be available for reappropriation in fiscal year 2025.
D. The Board of Directors of the Cannabis Control Authority shall deposit into the Fund established pursuant to § 2.2-2499.8 of the Code of Virginia any net profit amounts designated for appropriation pursuant to paragraph 2 of subsection B of § 4.1-614 of the Code of Virginia. The Department of Planning and Budget shall authorize the transfer necessary for such deposit to such Fund.