AGP Executive Report
Last update: 7 hours agoMarijuana Retail Rollout: Virginia lawmakers approved a regulated path for recreational cannabis sales in retail stores starting in 2027, with regulators taking retail license applications beginning Feb. 1 and the state raising the possession limit to 2 ounces. Data Center Tax: Virginia’s new two-year budget keeps data centers’ sales and use tax break but adds an energy consumption tax of $0.011 per kilowatt-hour, capped at $600 million a year, as the state tries to address power demand concerns. Northern Virginia Data Center Deal: Digital Realty agreed to buy Blackstone’s majority stake in three fully leased Northern Virginia data centers in a transaction valuing assets at $7.8 billion. Public Finance & Governance: A Virginia Public Access Project review found many General Assembly members hold widely held tech stocks, raising conflict-of-interest concerns as lawmakers debate data center tax policy. Business Expansion: Greene Concepts says Be Water™ point-of-sale sales rose 34% year over year as Walmart distribution expanded across Virginia and the Carolinas. Health & Safety: La Ceiba Foods Latin Market issued a listeria recall for requesón sold in Maryland, Virginia and D.C., tied to the ongoing Clover Hill Dairy outbreak. Workforce & Community: Choice Financial Group opened a new Richmond executive office, expanding its local leadership and partner operations.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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