Medical Cannabis Revenue Now Directed Towards Pensions
Medical Cannabis As New Source of Revenue for KY & Pensions?
Since the 2nd week of #KYGA18 HB166 has been the most viewed & monitored bill in Frankfort. The people want and need medical cannabis.
So why is HB166 not moving forward even with having been granted 3 committee hearings, and having the votes to pass out of the Judiciary committee & House?
The answer is House of Representative members do not want to vote or pass something so controversial if the Senate refuses to accept it.
Right now the KY Senate is overwhelmed with the pension & budget issue. We’re being told they will not take on any new bills, period!
That’s where the KY Teachers, Government Retirees and pensioners come in.
We have now added language to HB166 to help generate A NEW SOURCE OF REVENUE to help fund the pension deficit. (*we’ll attach a picture of the bill language below)
Revenue from wholesale excise taxes & canna-business licenses will be used to fund various pensions to 80%.
We need your help to create this new revenue source, and to bring a better quality of life to thousands of patients.