Exclusive video Matt Cook Dept of Revenue discussing HB 10-1284

[MMDInsuranceCo]

http://www.youtube.com/watch?v=52xT_Lv8mR8

There are 6 videos that can be viewed by clicking here (http://www.youtube.com/user/mmdinsurance)

[TheReleafCenter]

Scooped me! :jointsmile:

[throatstick]

http://www.youtube.com/watch?v=52xT_Lv8mR8

There are 6 videos that can be viewed by clicking here (http://www.youtube.com/user/mmdinsurance)

wow can't believe what i just heard.first i heard that sum guy from a dog and pony show will be the goto guy.2nd he came right out and said it, that he sat down with ol matt brown.ol matt set him str8 as to where this bill needed to go.:cool:

[cowgirl1]

anyone have Matt Cooks email address?

[COzigzag]

anyone have Matt Cooks email address?

[email protected]

He's pretty good about a prompt reply.

[denverbear]

http://www.youtube.com/watch?v=52xT_Lv8mR8

There are 6 videos that can be viewed by clicking here (http://www.youtube.com/user/mmdinsurance)

what a waste of 10 min and 8 seconds of my life...did'nt say nothing and if you read between the liines you will see a sterotypical politician working a room.

[throatstick]

what a waste of 10 min and 8 seconds of my life...did'nt say nothing and if you read between the liines you will see a sterotypical politician working a room.

yup watch all the vids.i thought it was funny as hell.first it was geared towards the shops not the patients or caregivers.everyone clapped on que like good little marks.then when the 1 guy got up to say the fees were to high mr cook pretty much passed the buck.then said wish i could help ya little guy but no you will have to pay the fees we set.

another guy got up and asked about the vendors and how were shops supposed to help patients by only growing their own.they pretty much laughed that 1 off....fucking made me sick.but i was rooting like hell for ol mr cook when he came out with those fees i thought they were alittle low but good none the less.all these marks thought they were going to corner the market all for free lmao.

i did'nt hear anything about how this was supposed to help patients at all.the whole thing was geared towards the shops and only the shops.all i saw was a business seminar.....what i see is they have split us down the middle.i don't see anymore unity if there ever was any that is.we have patients and caregivers over on 1 side and the businesses on another.mr cook said at the end that he was building a house and no matter what how good or bad the bill was the house needed to be built this year...my ?? is why? why this year?why "has to be"hummm.if he had any brain he would know nothing is good when rushed.sounds like payback to me?something does'nt add up that is for sure.

[TheReleafCenter]

Could you post the video from the second to last speaker? I believe his name was Bob? He talked a lot about who would be affected by the character provisions of the bill.

[MMDInsuranceCo]

Could you post the video from the second to last speaker? I believe his name was Bob? He talked a lot about who would be affected by the character provisions of the bill.

Was he the guy who talked about legalization and was a non-profit?

[canaguy27]

what a waste of 10 min and 8 seconds of my life...did'nt say nothing and if you read between the liines you will see a sterotypical politician working a room.

agreed. loved the part where he gave props to matt brown the douchebag

[highroad]

The reason they didn't talk about patients was because the meeting was put together and billed as for MMC owners... Wasn't a patient advocacy meeting - not what you want to hear, I know, but that's how the email for it went out. We're all fighting harder than anyone can imagine to keep this industry moving forward - wherever you shop, give those whatever due respect you can b/c they're putting their lives on the line to keep it going.

And for those that think MMCs are making a killing, wait until 2012 when half of them really close because of the IRS tax laws that will prove that cash in the bank comes along with the income tax on gross profit - which means that not one penny in 99% of the dispensaries can be written off for expenses with the way they're operated. Make $1m a year, cut that in half, take out the $20k per month it takes to run a respected center, and all you did was put your freedom and money on the line to make peanuts.

Don't by into the consipracy theories. There is absolutely no arguement to what I just said and there is not one dispensary that wouldn't back this. Patients need to understand the hurdles - and be more pissed off at the IRS when they hang their 'cease and desist' notices on the door of you favorite shop because they didn't realize that they weren't planning properly. And even if one did - odds are they barely made it past with a penny of profit. This is further being confirmed by Growers looking to make the same money as before not realizing that vertical integration would have to be completely necessary anyway for the industry to survive because of the IRS code.

Not trying to start wars or burst bubbles - just educating. The name of the game today is HB1284. But the bigger name of the game behind all of this that has been going on and is feared more is the CHAMP case that affects owner's taxes and potentially shows a $1m+ revenue business owing potentially tens to hundreds of thousands of dollars to the IRS = dispensary closed unless they were growing all along which any Grower knows that stocking the shelves with 30 in-house strains is a nightmare. Growers never had to grow this variety in one, two, or three places - at least not this consistent to stock shelves all the time and have new strains pop up. Unfortunately this law completely screwed the variety as MMCs will barely be able to keep up with their demand let alone have the 30% to wholesale and buy to keep variety going.

There's a sneak peak into the ownership problems occurring. A bit more than this thread asked for, but regarding that meeting, it wasn't about the patients - that's left to us to work our asses off to serve them best. If we don't, than we aren't named "Primary MMC" and can't grow, thus killing our businesses. Like it or not, prices will come down, service will go up, and bad businesses will have to close up shop. Unfortunately small mom/pops will be pushed out, but 90% of them aren't the ones that people are raving about on forums - there is a reason the busier ones are busy - they do a good job. And they'll afford the changes.

Killing the wholesale market is bullshit. But the reality is that prices will go down as they will no longer be based on old black-market numbers... Risk High - Return High - Illegal grower go to jail - high risk. Legal grower not worrying about it as the owner of the MMC and OPC is on the chopping block - they get paid less, but less risk. But steady job and ability to make a good living doing what they love.

It's a new industry and a whole new business. And in the end the patients will love it. You can grow your 6 plants, shop where you want, see prices go down, and even have the option of having a caregiver grow for you instead of shopping at a dispensary.

There isn't much else to it. At least we have this problem to begin with...... Better than it used to be.

[canaguy27]

And for those that think MMCs are making a killing, wait until 2012 when half of them really close because of the IRS tax laws that will prove that cash in the bank comes along with the income tax on gross profit - which means that not one penny in 99% of the dispensaries can be written off for expenses with the way they're operated.

Could you provide a link or further clarify your source with this statement? I would like to do some further reading.

[TheReleafCenter]

Was he the guy who talked about legalization and was a non-profit?

No, he was the Colorado Super Lawyer (according to his own bio).

[MMDInsuranceCo]

No, he was the Colorado Super Lawyer (according to his own bio).

Ill post him next

[TheReleafCenter]

Ill post him next

Thank you!

[MMDInsuranceCo]

Thank you!


http://www.youtube.com/watch?v=AZ7_h391z8M



http://www.youtube.com/watch?v=At0sH90x0KI

[throatstick]

Killing the wholesale market is bullshit. But the reality is that prices will go down as they will no longer be based on old black-market numbers... Risk High - Return High - Illegal grower go to jail - high risk. Legal grower not worrying about it as the owner of the MMC and OPC is on the chopping block - they get paid less, but less risk. But steady job and ability to make a good living doing what they love.


dumbest shit i have ever read on these boards...the grower would be just as at risk as the owners...anybody linked to the biz would be at risk.

ps what gives you the idea that there is no more risk on the grower??wow...