Amendment 64 Task Force Final Report

[mr duder]

So my question to all of you is if large scale grows with the crazy taxes are allowed to go forward what would you guys "in the know" predict prices will be for top shelf product?

 

[Texas Kid]

I bet the despenseries just eat the tax like they do now.....there probably isn't goin to be that much adjustment to the final sale price

 

[Dopegeist]

They'll just add more lights or, more likely, warehouses to compensate for the tax.

 

[Green Mopho]

Yea, they will eat the tax and just pass it down to the customer in reduced quality. If this keeps up, the recreational shops will be selling shake when its all said and done. Either way, for those of us in a more underground market, less competition and solidifies our place, sans badges.

 

[JeromeGarcia]

At the capital now they just voted to not require Vi. 7-3 in favor of not requiring VI.

There is a lot of work to do still to make sure this stays defeated.

 

[true grit]

Very nice JG! Is that 30% tax set in stone? Cuz ive heard numerous entities suggest a more reasonable tax for both reasons of comparable taxation to alcohol but more importantly to them- keeping buds from going underground with an unreasonable tax. And as public- do we get to vote on that 30% tax or only additional excise tax?

 

[chickenman]

At the capital now they just voted to not require Vi. 7-3 in favor of not requiring VI.

There is a lot of work to do still to make sure this stays defeated.

????

 

[Dopegeist]

Vertical Integration. The current MMJ model is 'vertically integrated'.

 

[We Solidarity]

you don't need veneral infections to grow pot. 7/10 people think so, 3 are just plain dumb.

 

[Texas Kid]

30% tax? their shootin for 40% and a special election for the additional tax catagory...

VI being knocked out is killer...sounds like there will be seperate licenses for growers, wholesale distributors, and retailers as seperrate independent intities..that could be real interesting goin forward

 

[TopRock]

????

right wtf is a VI, lol

 

[Bud Spleefman]

Well, for sure if you want to play "the game" you better bring your wallet! $295.00 per person for the Rob Corry Legal Seminar....

What I don't quite understand, and someone correct me if I am wrong, but isn't the Task Force just making recommendations? Won't the State Legislature actually make the laws that control Amendment 64 Compliance?

Here's the email I got about the "SEMINAR!"

Colorado Marijuana Business Models
A Legal Seminar by Attorney Robert J. Corry, Jr.

=================================================
CLICK HERE TO ENROLL:
http://www.cannabistherapyinstitute.com/classes/
=================================================

DATE: Tues., April 16, 2013
TIME: 5:30pm to 9:30pm

LOCATION:
Ramada Plaza Denver-Central Hotel, 4849 Bannock St., Denver, CO

COST:
$295.00 per person / 2 for $500.00
Includes course workbook with sample forms and contracts.
CLE Available: This course has been accredited for 5 general CLE credits by
the Colorado Continuing Legal Education Board.
This course has limited space, so register now!

=================================================
CLICK HERE TO ENROLL:
http://www.cannabistherapyinstitute.com/classes/
=================================================

COURSE OUTLINE

Colorado Marijuana Business Models Legal Seminar
Attorney Robert J. Corry, Jr. will discuss the legal issues related to
marijuana businesses in Colorado. With the passage of Am. 64 in November
2012, there are new opportunities outside of the medical marijuana industry
that are available to people right now. This 4-hour class is designed for
those who want to thoroughly understand all the legal issues in Colorado
marijuana law. Topics to be covered include:

1) A64: Colorado Marijuana and Hemp Regulation Act
This seminar will cover the following business models allowed under A64:
- A64 Assistance Agreements
- A64 Private Cannabis Clubs
- A64 Medicinal Hemp CBD Medicines
- A64 "Pot for Donations" schemes:
- A64 State-Licensed Marijuana Cultivation Facilities, Marijuana Testing
Facilities, Marijuana Product Manufacturing Facility, Retail Marijuana
Stores

2) A20: Colorado Medical Marijuana Regulation Act
This seminar will cover the following business models allowed under A20:
- Medical Marijuana Caregivers:
- State-Licensed Medical Marijuana Centers (MMC's), Infused Products
Manufacturers and Growers
- Medical Marijuana Patient Collectives

3) Colorado Marijuana Statutes and Regulations

4) Federal Law
5) Other Topics
- Which offers more protection: A64 or A20?
- Cities and counties that have banned marijuana
- Confidentiality and Privacy Issues
- Cannabis political updates
- Lawsuit updates

CLICK HERE FOR DETAILED OUTLINE:
http://www.cannabistherapyinstitute.com/classes/


Get all your questions answered and make sure you stay within the law!

=================================================
CLICK HERE TO ENROLL:
http://www.cannabistherapyinstitute.com/classes/
=================================================

COST: $295.00 per person / 2 for $500.00
Includes course workbook with sample forms and contracts.
CLE Available: This course has been accredited for 5 general CLE credits by
the Colorado Continuing Legal Education Board.

ABOUT THE INSTRUCTOR
Attorney Robert J. Corry, Jr. is one of the most experienced medical
marijuana business attorneys in Colorado. Rob is the attorney for dozens of
marijuana-based businesses in Colorado. He has been involved of hundreds of
other cases concerning medical marijuana criminal law and return of
confiscated property.

=================================================
CLICK HERE FOR MORE INFORMATION OR TO ENROLL:
http://www.cannabistherapyinstitute.com/classes/
=================================================



---
Provided as a Public Service by the:
Cannabis Therapy Institute
Phone: 877-420-4205
Web: http://www.cannabistherapyinstitute.com/
Email: [email protected]

 

[Texas Kid]

Same program they had for the med stuff....exactly the same I think..

Those state guys are smart though, the alcohol scheme with producers, distributors, and retailers is the triple tax ladder.....they tax the producers, then they tax the distributors, then the retailer, then double whack the consumer with a sales and excise tax..it's brilliant and the states have already been doin it that way for awhile...when those guys were arguing to treat it like and tax it like alcohol they should have researched how they actually tax alcohol sales..

 

[Dopegeist]

Funny, I guess they don't know if they end up in the 'business' they'll just have him or someone else on retainer to answer all this for them. But I'm sure Laura needs money. The honeypot will be drying up soon for some of these 'activists' and 'groups'.

 

[outwest]

VI seems to be dead:

outwest

 

[Mr Dank]

VI seems to be dead:

outwest

". A coalition of large-scale pot businesses argued to keep Colorado’s grow-your-own requirement. "

"Other marijuana sellers argued that the growing requirement isn’t needed now that people without medical problems are free to buy pot. They argued that large marijuana businesses wanted to keep the requirement to dramatically limit competition."

AMEN

 

[true grit]

So basically that says we still have a vote on the 30% taxation? Either way is fine, but 30% is NOT like alcohol regulation/taxation plain and simple.

@JG- are there any lobbies pressing for a tax more similar to alcohol?

 

[Dopegeist]

“It makes sure that if you’re growing it, you have a legal way of selling it,” said Mike Elliott, head of the Denver-based Medical Marijuana Industry Group.

Yeah, like the legal ways it was being sold according to the audit :) "A task force that examined the question earlier this year proposed a one-year protection for medical shops. The legislative committee suggested a much smaller 90-day window."

 

[Texas Kid]

30% is alot less then what alcohol is if you figure thet total tax applied from production to sale or "seed to sale"

Thank god they didn't use the gasoline or cigerrette formula, now thats some tax

 

[Mr Dank]

I think prices will go up on the rec side, especially with that tax