(a) The Legislature finds and declares that the inability to provide banking services needed to collect and remit the fees, penalties, and taxes authorized under the West Virginia Medical Cannabis Act has delayed the implementation and is precluding access by the patients potentially eligible to be prescribed medical cannabis and investment by the persons and entities interested in providing services under the Act. The purpose of this section is to provide a solution to the banking problems encountered by the state in connection with the Act.
(b) The following words when used in this section shall have the following meanings, unless the context clearly indicates otherwise,
(1) “Act” means the West Virginia Medical Cannabis Act in §16A-1-1 et seq. of this code;