The governor of the U.S. Virgin Islands plans to send a revised marijuana legalization bill to the legislature on Tuesday, and is urging its passage to generate needed tax revenue from cannabis sales during the coronavirus pandemic. Reports Marijuana Moment
Gov. Albert Bryan Jr. (D), who pushed for legalization as part of his State of the Territory address in January and previously called lawmakers into a special session to take up the issue, said establishing a regulated marijuana market could help the territory’s retirement system stay afloat.
“We have taken the time to gather further public input as well as address the concerns of the individual legislators,” the governor said during a COVID-19 update on Monday. “As the economic disaster, the last few weeks has created has affected the [Government Employees Retirement System] greatly it is our hope that we can have a greater sense of exigency in implementing all the things that can help us regain solvency.”
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