West Virginia Treasurer's Office

A marijuana plant grows at Fotmer SA, an enterprise that produces cannabis for medical use, in Montevideo, Uruguay, Tuesday, Jan. 29, 2019.
Matilde Campodonico / AP Photo

West Virginia’s medical cannabis industry may have a prospective banking solution to get around federal law. But exactly when that solution might be implemented is still up in the air.

A spokeswoman for the state Treasurer’s office says in an email they received four bids from businesses looking to handle deposits associated with West Virginia’s as-of-yet launched medical cannabis program.

Julio Cortez / AP Photo

Despite legislation from 2017 that allowed cannabis to be legal for medical use on July 1 of this year, West Virginia officials say they’re still years away from the first sale. That’s -- at least in part -- because of a hangup with finding a banking solution to get around federal law. State health officials say they also have to implement permitting and licensing for patients and those who want to start businesses within the industry. 

Marina Riker / AP Photo

Despite legislation that called for West Virginia’s medical cannabis program to launch this week, state health officials say they’re still years away from the first sale in the state. One reason for the delay has been the state's need for a third-party vendor to handle banking services. 

West Virginia Treasurer John Perdue
West Virginia Treasurer's Office

A banker will announce a Republican bid for longtime Democratic state Treasurer John Perdue's job.

In a campaign news release Tuesday, Charleston resident Ann Urling said she'll vie for the four-year job and announce her 

Tomwsulcer / Wikimedia Commons

The South Charleston Public Library has gotten a welcome surprise from the state.

Roger Hughes with the state Treasurer's Office presented an unclaimed property check for $16,737 to library officials on Monday.