More Stories
Medical cannabis companies amass political power in Va.
Critics say state favors out-of-state pharma companies over local small businesses
Published
RICHMOND, Va. — Many small cannabis entrepreneurs say large companies are jockeying to lock them out of the industry and have funding that gives them more access to lawmakers. “Small
Hotel workers must complete anti-human trafficking training
Law goes into effect July 1
Published
RICHMOND, Va. — After a few lawmakers missed time during the session due to COVID-19, Del. Shelly A. Simonds, D-Newport News, said she was thrilled to see all 100 members
Advertisement
Legislators nipped Va.’s budding cannabis industry, advocates say
General Assembly may revisit issue during April 27 special session
Published
RICHMOND, Va. — Jacob Williamson grows, makes and sells hemp-based CBD products through his family’s Hens and Hemp farm. He went through the permitting process to be a hemp farmer
Median home prices rose 9% in Va. since 2021
Median home sales price in February was $350K
Published
The cost of buying a home in Virginia increased nearly 9% in the past year, according to a March 21 report from Virginia Realtors. The statewide median sales price in
Report: Va. data center projects totaled $6.8B in 2021
Centers made up 62% of state economic development announcements
Published
Data centers are a primary driver of economic growth in Virginia, comprising $6.8 billion or 62% of all major economic investments announced last year by the Virginia Economic Development Partnership,
Richmond pares down Diamond District developer pool
Remaining six applicants to provide more info by April 25
Published
Story updated, March 24 at 11:45 a.m. The city of Richmond announced Wednesday that six competing development teams have been chosen out of 15 applicants to continue in the competition
Smithfield Foods donates $2M to Ukraine relief efforts
Many Va. companies donating to World Central Kitchen
Published
Virginia-based Smithfield Foods Inc. announced a $2 million donation to relief efforts in Ukraine Monday. The nation’s largest pork processor and hog producer donated $250,000 each to the Global Red
Rising interest rates not enough to deter homebuyers
Home inventory bigger problem, experts say
Published
Even the Federal Reserve hiking interest rates likely won’t be enough to cool down the hot real estate market in Virginia, experts say. In an attempt to slow the highest
College sports wagering bill wasn’t good bet
Va. residents still can't bet legally on in-state teams
Published
RICHMOND, Va. — Six Virginia men’s and women’s basketball teams made it into March Madness, but state law prevents fans and bettors from placing wagers on their favorite in-state college
Fed still likely to raise rates, despite Russia-Ukraine conflict
Richmond Fed president says board is keeping close eye on invasion
Published
Federal Reserve Bank of Richmond President and CEO Thomas Barkin said Thursday that he hopes to bring interest rates up to pre-pandemic levels “relatively quickly,” while noting that it’s hard