Lawyers take your mark......
get set.....
and.....now wait till july. lol
get set.....
and.....now wait till july. lol
Thank god they were kind enough to give everyone a few weeks to comply.
[/sarcasm]
SELLERS here will tell you that to succeed in this business, you need to keep two essentials in mind.
First is the importance of nabbing a lot of “caregiver rights,” which every person with a medical marijuana certificate can assign to a seller of choice. The caregiver rights of each patient, as customers are universally known, allow a dispensary to sell the marijuana of six plants, though the pot can be sold to anyone with a certificate. So the more caregiver rights a dispensary collects, the more pot it can sell.
The second essential: grow your own. A pound of marijuana can be sold at retail for somewhere between $5,500 and $7,500. To buy that quantity wholesale will cost about $4,000. Grow it yourself and the same pound will cost just $750 to $1,000.
If there is a historical precedent for what’s now happening in Colorado, it could be the 1920s and the era of Prohibition. During America’s dry age, the federal alcohol ban carved out an exemption for medicinal use, and doctors nationwide suddenly discovered they could bolster their incomes by writing liquor prescriptions.
Pharmacies, which filled those prescriptions, and were one of the few places whiskey could be bought legally, raked it in. Through the 1920s, the number of Walgreens stores soared from 20 to nearly 400.
The new rules, many of which will take effect over coming months, treat dispensaries a bit like pharmacies and a bit like casinos. Felons will soon be prohibited from owning dispensaries. (Mr. Werner is selling the Dr. Reefer store.) Twenty-four-hour Webcams will be trained on every growing facility and dispensary in the state. There are restrictions on hours, new rules for licensing, labeling and on and on.
Dispensary owners, generally speaking, aren’t complaining. The more regulated the business becomes, the easier it will be to operate, says Ms. Respeto of the Farmacy. The company, which was co-founded by her father, has big ambitions: to become a medical marijuana dispensary franchise and do for Super Silver Haze what Rite Aid did for pills. The store in Boulder is actually the company’s fifth; there are three in California and one in Denver.
Ms. Respeto exudes a kind of soccer-mom normality, which dovetails neatly with a core element of the Farmacy’s marketing plan. The company would like to purge the business of its counterculture, glazed-and-confused image and turn it into something mainstream.
“What you hear about is a bunch of 18-year-olds who just want to get high,” she says. “You’ll see little of that in our establishment. What you’ll see instead is the 50-year-old woman who suffers from arthritis and this is her choice of pain medication.
These are true stories, and there’s no doubting that pot helps a lot of people who are in genuine pain.
But when was the last time your pharmacy had a milkshake night? Selling “dosage controlled” scoops of chocolate peanut butter ice cream?
“My guy used to give me a free half-ounce every month, but he just dropped it to a free quarter-ounce,” he said. “So I’m looking around to see who has a better deal. I’ve visited about 30 places so far.”
In one year alone, working just three days a week at Relaxed Clarity, he’s seen 7,000 patients, each paying an average of $150 for a visit. He takes out a calculator and does some quick arithmetic. That’s more than $1 million, grossed in 12 months.
“There’s no waiting for an insurance company to pay you a fraction of what you billed,” Dr. Boland says. “It’s just boom, you know, cash on the spot. So you can make a significant amount of money doing this.”
Dear Friends, Clients and Colleagues,
This morning we received an advance copy of the State of Colorado MMJ business applications, which are attached hereto. Please note the fees range from $7500 (300 or fewer patients) to $18,000 (501 or more patients), with $1250 for the MIP and Optional Premises licenses. You must also make arrangements for the $5000 surety bond. at the time of application
Please be reminded that the completed application(s) AND the application fee(s) are due 8/1/10. They are quite detailed, require substantial support documentation and you should start completing the applications immediately. Once you have completed the application, you can schedule a meeting with our office to go over the application and any legal questions you have. Time is of the essense and you should schedule this meeting upon receipt of this email, as our time fills up quickly and the application deadline cannot be extended.
Finally, we have posted numerous recent blogs regarding the impact of HB1284 post 7/1/10. Many of the blogs following discussions and correspondence with the head of the MMJ business department for the State of Colorado, Mr. Matt Cook. Please read the blogs at: www.medicalmarijuanalawcolorado.com.
Good luck. We look forward to hearing from you.
Sincerely,
Jeff
___________________________
Gard & Bond, L.L.C.
Attorneys at Law
2541 Spruce Street
Boulder, CO 80302
(303) 499-3040
(303) 379-6256 (facsimile)
email: [email protected]
website: www.gardlawfirm.com
Gards caps6. One grow cannot supply MMJ to mulitiple MMCs not wholly and commonly owned by the same people. NO INDEPENDENT CONTRACTOR GROWS NO MATTER WHAT ANYONE IS TELLING YOU!!!
Gards caps
I have no clue, I'm not sure, just c & p the read for all.
to me...it reads like just one grower for a MMC, and a licensed grower for a specific dispensary can not sell their overload of MMJ to any other than that one dispensary they are contracted to grow for.
anyone?
what if I like to garden naked?