West Virginia Cannabis Business Licenses
WHAT IS WEST VIRGINIA'S CURRENT CANNABIS MARKET STATUS?
Medical cannabis was legalized on April 19, 2017 when Governor Jim Justice signed SB 386 into law. Despite passing in 2017, sales have yet to begin as of May 2020 due to questions regarding available banking options. The application window opened on December 19, 2019 and closed on February 18, 2020 with no deadline assigned for the state to announce license awardings.
When licenses are announced, West Virginia is expected to issue up to a total of 120 licenses with 20 being allocated to both cultivation and processing facilities and one hundred being awarded to dispensary applicants. Once sales commence, patients who are registered with the Health Bureau will have access to cannabis in the forms of ointments, pills, oils, tinctures, liquid, dry flower and vaporizers and will be able to possess up to a 30 day supply.
WHAT ARE WEST VIRGINIA'S CANNABIS LAWS?
On April 19, 2017 Senate Bill 386 was signed into law by Governor Justice legalizing cannabis for medical use in the state of West Virginia. The initial law limited future program participants to consume cannabis by way of non-whole plant forms of vaporization, oils, tinctures, pills, and topicals while it prohibited dry leaf/plant products and edibles. Although a ban on edibles is still in place, when dispensaries open, they will have access to dry leaf or plant form products as a result of Senate Bill 339 passing on March 5, 2020. Patients are not prohibited to grow cannabis within their own homes and must purchase all cannabis products in licensed dispensaries.
Regardless of the legalization of medical cannabis and changes made to West Virginia cannabis laws, individuals who are not registered cannabis patients in possession of any amount of cannabis can be arrested and charged with a misdemeanor. Those charged with possession of cannabis can be sentenced up to six months in jail and fined up to $1,000. Conditional discharges are offered by the state in circumstances consisting of 15 grams or less.
WHAT IS WEST VIRGINIA'S CANNABIS LICENSING TIMELINE & CANNABIS APPLICATION PROCESS?
West Virginia’s application window is now closed. Point7 will have updates as to when the process is open.
WHAT IS THE HISTORY OF CANNABIS IN WEST VIRGINIA?
West Virginia became the 29th state to legalize cannabis for registered medical patients on April 19, 2020 when Senate Bill 386, commonly known as the West Virginia Medical Cannabis Act was signed into law by Governor Justice. Since it’s passing, SB 386 has seen multiple changes through amendments in 2019 and early 2020 that broadened the available types of cannabis to include dry flower and expanded the definition of “serious medical condition” to include additional qualifying conditions.
Full legalization efforts are in effect in West Virginia after the West Virginia Center on Budget and Policy found that cannabis would have a positive impact on the state of West Virginia by adding $45 million to the state in tax revenue.
DOES WEST VIRGINIA HAVE A HEMP PROGRAM?
ARE YOU PREPARING FOR THE WEST VIRGINIA CANNABIS MARKET?
It’s never too early to begin the design and strategy aspects of your cannabis business. Regardless of licenses not being available, the actions taken now can set your business apart from others. Point7 has products and services packages that are fully customizable based on your needs.