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Medical Cannabis Derived Funds in West Virginia Remain Unspent

The West Virginia Treasurer’s Office says it will not spend funds derived from the state’s medical cannabis industry until changes in federal law, Mountain State Spotlight reports. Since the first dispensary opened in the state in 2021, West Virginia has collected about $34 million in taxes, licensing fees, and interest, but the money is being held at a credit union under the control of the Treasurer’s Office.  […]