WV gov vetoes cannabis bill that would tax vertically integrated firms at lower rate

West Virginia Gov. Jim Justice vetoed a medical marijuana bill because he said it “favors wholly vertically integrated businesses” by taxing them at a lower rate than stand-alone cultivators, processors and retailers.

Mike Pushkin, a Democratic delegate and sponsor of the bill, told The Register-Herald of Beckley that the governor’s veto “sets back the entire (medical marijuana) program” in West Virginia, where sales were scheduled to begin in July but are running behind.

Justice’s veto comes a day after he signed a medical cannabis banking bill into law that will allow financial institutions in the state to bid on providing banking services for medical marijuana businesses.

To read more about the situation, click here.

2 comments on “WV gov vetoes cannabis bill that would tax vertically integrated firms at lower rate
  1. George Bianchini on

    “West Virginia Gov. Jim Justice vetoed a medical marijuana bill because he said it “favors wholly vertically integrated businesses”
    Now there is a person that takes his name seriously! Bravo!

    Reply
  2. T bone 304 on

    You know enough is enough. Sick here the Government/Governor get this done….Dang shame a 10 year old could do this, but GOV. OFFICALS cant even wipe thier own behinds.

    Reply

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