Arizona law requires dispensaries to operate on a Not-for-Profit basis. A dispensary may still pay it's employees or it's principal board members (owners) a salary, rather any profit leftover after paying all salaries and business expenses must be donated to a 501(c)(3)non-profit at the end of the year. But it is the DISPENSARY that must operate on a Not-for-Profit basis, there is NO requirement that individual patients operate on a not-for-profit basis when selling marijuana to other patients.
No, I'm not a competitor of HWC. But ironically, IF I were a competing dispensary, it would demonstrate my point remarkably that Arizona dispensaries simply can not and will not work together for the best interest of patients.. They put profits FIRST.
Fella... Your posts are contradictory, confusing & seemingly argumentative for the sake of being argumentative.
The final straw.... One minute dispensaries must be non-profit... next they are only concerned about profits.
Sorry, but you are now on my ignore list.
Edited to add: All you posters screamin' in big red text... All ignored.
I know you read what I wrote, because you pasted it back as a quote for us......
A dispensary may still pay it's employees or it's principal board members (owners) a salary, rather any profit leftover after paying all salaries and business expenses must be donated to a 501(c)(3)non-profit at the end of the year.
Which means that although the dispensary itself must operate on a "Not-for-Profit basis", the dispensary may pay it's employees and board members
ANY salary it chooses. It is reasonable for us to assume that anyone who owns a dispensary would probably prefer to have $1,000,000/year salary rather than a $10/year salary.
Even if DeltaNine and the GWC dispensary are doing this for the patients and not profits, many of the OTHER dispensaries aren't in the same boat with them. Some of these dispensaries want $1,000,000/year and the Cannabis Coin is probably not for them.
Another story; also able to be confirmed via Google;
Andrew Myers, the campaign manager for Marijuana Policy Project and founder of the Arizona Dispensary Association,
actually went and spoke to the
Phoenix Police Department and asked the Phoenix police to arrest and prosecute any Arizona medical marijuana patients who were operating "Compassion Clubs" (Compassion Clubs are patients who advertise on Craigslist and Leafly who offer to sell marijuana under the patient-to-patient clause in Arizona's medical marijuana law)
The Phoenix Police began efforts to shut down Compassion Clubs and the Medical Marijuana Farmer's Market, all at the request of the Arizona Dispensary Association. Their efforts have ceased primarily because of a recent court ruling that confirms that patient-to-patient sales are indeed legal. That case is pending appeal. BTW, Mr. Myers owns a 1 of the Medical Marijuana dispensaries in Arizona.
Many Most of these dispensary owners are only out for money. This type of program can't succeed without compassion from dispensary owners that are satisfied with making less than 1 million a year salary. There are surely SOME good guys out there, who knows which ones though...
Thank you for at least being respectful