“A resolution is coming,” a spokesperson for the state treasurer said of the ongoing issue of unspent cannabis revenue.
By Henry Culvyhouse, Mountain State Spotlight
This story was originally published by Mountain State Spotlight. Get stories like this delivered to your email inbox once a week; sign up for the free newsletter at https://mountainstatespotlight.org/newsletter.
State Treasurer Larry Pack (R) has still not found a way to spend $34 million collected from the state’s medical marijuana program for substance abuse treatment, law enforcement training or research.
In October, Mountain State Spotlight reported the fund collected from fees, taxes and interest in the state’s medical marijuana program hadn’t been spent.
Under the law setting up the program, some of the money was to be used for research into the state’s medical cannabis program to determine whether it was working and where it could be improved.
However, due to marijuana’s long-standing classification as a Schedule I narcotic, the legal status of funds collected in the program has been in limbo. Narcotics with the Schedule I designation are deemed to have no acceptable medical use and are illegal.
That hasn’t stopped many of the 40 states with some kind of legalized market—whether recreational or
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