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Newsflash: Corporate MMJ market hand-off in California in full effect

EsterEssence

Well-known member
Veteran
This is just framework for what they want on the ballot. It doesn't take effect till after 2016, seems to me that it scares the shit out of us, shows john q public they are doing something about the wild west. The vote in 2016 is way more important than this...
 

MrBelvedere

Well-known member
ICMag Donor
X
So here's what I understood the last time I read it (probably before the latest version)...

That was the old version, new passed version is different

-Personal home growing is not changed (governed by Prop 215/SB420), but you can't "donate" your excess so you have to eat the overhead costs.


In new version they left this language very vague on purpose it just simply says "a patient may have a caregiver" but nothing about how many patients a caregiver can have, no specifics on donations. That will be up to the new regulating body to figure out someday. The new bill does not have any info at all regarding personal home growing for non commercial purposes. They may well indeed even personal growers to get a low tier license. It is not clear yet.



-Caregivers are limited to 5 patients (and still can't profit).

Same as above

-Dispensaries and growers are now allowed to make profits.

Now they are allowed to profit and profits are taxable.


-Dispensaries and growers have to get state and local licenses.

yep
-To get a license, you have to demonstrate that you were in compliance with regulations for some period of time BEFORE the law passed.

existing dispensaries are grandfathered in and can keep operating and buying from any grower. so yes. New dispensaries will be subject to the new state regs.

-Local governments can still ban outright and pass regulations.

yep, this was the biggest setback of all maybe

-Local governments know exactly who's growing legally, where they're growing, and how much.

yep if those local governments choose to they can


1. Seems designed to enable some serious corruption. Way too much power and knowledge in the hands of local governments.

2. Will cause a serious increase in prices due to limited supply along with a decrease in quality due to lack of competition.

3. Will benefit nobody except the current big players setting up for the rec transition (current large growers, dispensary owners, and unions), people willing to take advantage of the fact that the black market will become extremely profitable again, and local officials who get the bribes and kickbacks.

agreed




Looks like some bullshit.
 

monkey5

Active member
Veteran
"Hearding cats"

"Hearding cats"

here is the answer. its the only way we could be heard. it will never happen though , it would be like hearding cats, impossible ..
~~ "Hearding cats" That is the best! Lol..Thank you for saying what i was thinking!! monkey5
 

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