CHARLESTON — Gov. Jim Justice said he is waiting for the state treasurer’s office to come up with a way to provide financial support for West Virginia’s fledgling medical marijuana program.
House Bill 4345, which would have fixed problems with the medical marijuana bill passed by the Legislature in 2017, died in the House of Delegates in the waning minutes of the 2018 legislative session after the Senate made sweeping changes to the bill.
One of the changes would have set up a special credit union to handle banking functions for the state’s proposed medical marijuana industry.
On March 1, state Treasurer John Perdue sent a letter to state officials saying his office would be unable to handle financial transactions related to medical marijuana because of a conflict between state and federal law. Marijuana remains illegal under federal law, despite being legal in 28 states.
West Virginia’s medical marijuana law set up a process for licensing growers, processors and dispensaries.
However, unless a way can be found to handle financial transactions, the state