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MimbresValley in the House!!!! wooot wooot!!!
I would love to hear some recommendations from other patients as to what they would like to see from me, if I was to become a producer!!
I have decided to throw my hat in the producer ring.wooot wooot!!!
I originally didn't want to be a producer, but if I get in this game, and the other producers see me doing things different maybe they will follow suite.
Plus they would probably be more likely to take advice from me, once they see me doing what I know how to do.
I want the program to succeed here in NM, and me telling other producers they should lower their price, def is not the way. Hell if they are just learning to grow, and they tried to cut prices they might go out of business.
Hopefully enough patients will jump on board, I will probably need some signatures supporting this model since it is so different that the other models currently out there.
I am not saying other producers should follow this model, this is just what I feel is right.
I do need help to make this happen, it could be as simple as a signature supporting this model from fellow patients, or making a suggestion as to how to improve the current system.
If you guys want a change, I am here to help, so lets make this happen!
Somethings that set my application apart from others are, only 2 people are paid within the company, the grower, and his security guard.
No board members are to be financially compensated, regardless if the president, or a simple patient on the board.(other than cost of gas)
All positions besides grower & security are 100% voluntary.
Grower and Security shall be paid hourly, instead of salary( there will be a salary cap for the year as well), and shall be paid a reasonable fee.
At the end of each harvest, production costs for the grow will be tallied. An estimate of how much money will be needed for the next grow will be figured and set towards the next grow, and the cannabis will be sold at cost to the patients of new mexico, if at the end of the year there is any surplus of cash, that will also be distributed back to the patients.
Patients will have the option to buy cannabis manicured, or non manicured non manicured being significantly cheaper.
All patients will receive a copy of expense for them too look over, to see where the money is going.
I can not say exactly how much expenses will be, but I would hope to be able to do grams for at least 6.00$ and if I somehow can't, everyone will have an expense report to see where the cash is going.
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That sounds good and all but you need to know allllll of your limitations before you can implement "customer input". If I had a dollar for every person I have seen talking about reform from the outside looking in, I would be rich.
I wish you the best,but you need to come off a little more professional than you have in the past , if your going to be part of the ongoing expansion of this industry. The ONLY way we can have a fair priced, non-profit MM, is if it is monitored by a third party with no interest in the company.
Again, sounds good and all, but it's smoke and mirrors until the "ball actually starts to roll."
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Well I am all for reform, but you are correct, its hard to take into consideration everything that may come up when you are on the outside looking in, and that is why I decided to apply.
I don't really understand your smoke and mirror analogy, but thanks for your input regardless.
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The reference was to the same strategy that politicians take, "Look what I can do for YOU", but in the end they are limited to their abilities to do anything more than cash a paycheck.
Yeah, don't take it as me shooting you down (as you have not), take it as one of the "proof is in the pudding" more than anything else. Best thing you could do to help is to go in 100% and for the right reasons, and then offer the best you can do within your limitations.:hippy:
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Articles of Incorporation and ByLaws determine how a company is to be operated am I not correct, so having the points I mentioned included in the framework of the company will set the company up in a way that it is providing cannabis at the cheapest possibly price to the patients of NM.
Another thought I had is, the board of directors can not change the bylaws of the company, without a majority vote of the patients that are registered with the company.
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Quote:
Originally Posted by MimbresValley
[B]Doc, what do you think of my idea, about the bylaws, and art of incorp??
Having the patients have to approve any changes. does't this sound like a good set up checks and balances?
[/SIZE]
You have the right idea, but there is still a Huge gray area of choices and investments. What your outlining would be more beneficial in a LLC or S Corporation, IMO. I have been investigating the options for a while and have been dumbfounded by the over and under regulation of the current business outline that NM has outlined.
What you propose would be a breath of fresh air for the industry and has been a goal for Many investors in CA and CO for years, But with all things medical, somebody wants their hand in the jar. ("The Man") I'm not a lawyer, but a good would would be very beneficial for you to look into before a partially blindfolded leap head first. GL
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Any Ideas or Input is welcome. I don't plan on living in NM much longer, so here is one of my parting gifts, my shot at improving an already pretty good system.
BYLAWS
OF
CANNABIS AT COST
A NEW MEXICO NON-PROFIT CORPORATION
Article I
Name and Principal Office
The name of the Corporation is CANNABIS AT COST (hereinafter the ā??Corporationā?). The principal office of the Corporation shall be located in the City of ________ and County of __________________, State of New Mexico. The Corporationā??s registered office shall be located in New Mexico at the address of the Corporationā??s registered agent.
Article II
Purpose and Objectives
The Corporation is organized and incorporated under the laws of the State of New Mexico as a non-profit corporation with no part of its income or profit to be distributable to any director or officer. The purposes of this organization shall be:
ā?¢ to operate a non-profit entity to facilitate the legal production and distribution of medical cannabis solely in compliance with and pursuant to the Lynn and Erin Compassionate Use Act in the most affordable way possible, Sec. 26-2B-1 et seq. NMSA 1978 and other similar laws, as the same exist or may hereafter be amended, to ensure the safe production, distribution and dispensing of medicinal cannabis for the sole purpose of medical use for alleviating symptoms caused by debilitating conditions.
ā?¢ to ensure medicinal cannabis is accessible in New Mexico in a manner that is consistent with the highest standard of care, including but not limited to ensuring access to a variety of strains,
ā?¢ to produce and distribute an adequate supply of high quality, organic, medical cannabis to qualified patients or primary caregivers in New Mexico as defined in the Lynn and Erin Compassionate Use Act, Sec. 26-2B-1 et seq. NMSA 1978, for the sole purpose of medical use, and
ā?¢ to deliver medical cannabis to New Mexico qualified patients or primary caregivers, as defined in the Lynn and Erin Compassionate Use Act, Sec. 26-2B-1 et seq. NMSA 1978, for the sole purpose of medical use, in a safe and supportive method or environment.
The above shall not be considered to restrict in any way the carrying on of any lawful activities of the corporation, so long as such activities are not in contravention of the purposes set forth in the Articles of Incorporation.
Article III
Members
The corporation shall have members who are currently in compliance with the Lynn and Erin Compassionate Use Act and registered patients in the New Mexico Cannabis Program. Any member is automatically enrolled in the Advisory Board, but may be taken off if they so ask.
Article IV
Board of Directors
Section 1. Management. All corporate powers shall be exercised by or under the authority of the Board of Directors. The business and affairs of the Corporation shall be managed under the direction of the Board of Directors. The Board of Directors shall have the general management and control of the activities and affairs of the Corporation and shall exercise the powers that may be exercised or performed by the Corporation under the laws of the State of New Mexico and the United States, these Bylaws, and the Articles of Incorporation.
Section 2. Number and Voting Rights. The number of the directors of the corporation shall be set by resolution of the Board of Directors from time to time, but shall not be less than six (6) persons. Only the President, Vice President, and Secretary/Treasurer of the Corporation shall be voting members of the Board of Directors, and shall constitute the ā??Executive Boardā?. These three Directors shall have one vote each on any matter that comes before the Board. The other non-voting members of the Board of Directors or the ā??Advisory Boardā? shall include at least one (1) physician, a nurse, or other health care provider, and three (3) patients currently qualified under the Lynn and Erin Compassionate Use Act.
Section 3. Advisory Board Members
The Advisory Board is comprised of the non-voting members of the Board of Directors, and shall include at the minimum one (1) physician, nurse, or other health care provider, and three (3) patients currently qualified under the Lynn and Erin Compassionate Use Act. The President, Vice President, and Secretary/Treasurer appoint the members of the advisory board. They will serve either two or three year terms and may serve successive terms. The Advisory Board supports and advises the officers or the Corporation. The patient Advisory Board members will provide advice and counsel on the needs and desires of the corporationā??s client base. The health care provider Advisory Board member will provide advice and counsel on medical and health safety issues. Advisory Board members will stay informed and consult with peer patients statewide and advise the Corporation of ways to improve its operation. The Advisory Board shall be comprised of a group who represent the essence of the corporation ā?? those who are aware of and touched by the need for medical cannabis. All travel and expenses related to attending meetings of the Corporation will be paid by the Corporation.
Section 4. Executive Board Members. The President, Vice President, and Secretary/Treasurer of the Corporation are the only voting members of the Board and shall be the ā??Executive Boardā? members. All three (3) members of the Executive Board shall constitute a quorum. All three(3) positions are non paying positions, and are 100% voluntary.
Section 5. Regular Meetings. Regularly scheduled meetings of the Board of Directors shall be held at least once per year, and more often if necessary, at a time and place agreed upon by a majority of the Board of Directors. Notice of the time and place of the time and place of the meeting shall be mailed to each member at least seven (7) days prior to the meeting. Directors may waive such notice. Attendance constitutes waiver of notice. Unless otherwise determined by the Executive Board, the annual meeting shall be on _______________________ (e.g.: the third Tuesday of February) each year.
Section 6. Removal or Resignation. Any member of the Board of Directors may be removed at any time for any reason by a majority vote of the Executive Board. Any Director may resign at any time. Such resignation shall be made in writing, and shall take effect at the time specified therein, if not specified upon its receipt by the President.
Section 7. Committees. The Board of Directors may create committees as needed. Committees composed of such members of the Advisory and/or the Executive Board as the Executive Board may deem necessary or advisable from time to time.
Section 8. Action without Meeting. Any action required or permitted to be taken at any meeting of the Board of Directors may be taken without a meeting if all three (3) members of the Executive Board of Directors consent thereto in writing and such writing is filed with the minutes of the Board of Directors meetings. Email and other electronic measures are considered valid written consent.
Section 9. Compensation. The Executive Board of Directors may establish reasonable compensation for one (1) grower, and security for grower consisting of no more than two (2) people. Compensation shall be set at 15.00$, and changes to compensation must be approved by the advisory board. Any director is not precluded from serving the Corporation in any other capacity as a grower or security and therefore receiving compensation. Each director shall also be entitled to be reimbursed by the Corporation for travel expenses. No directors for either the executive board, or advisory board shall be compensated financially for work done for the company, unless said employee is working as a grower/security, all other work is considered 100% voluntary.
Article V
Officers of the Corporation
Section 1. Election of Officers. The officers shall consist of the President, Vice President, Treasurer, and Secretary and shall be appointed by the Executive Board at the annual meeting and shall serve until the next annual meeting or until their successors are appointed. A person may hold more than one office concurrently.
President. The President shall be the chief executive officer of the Corporation. The President, unless some other person is specifically authorized by the Board of Directors, shall sign all contracts of the Corporation. The President shall perform all the duties and possess such powers commonly incident to such office and shall perform other duties as may be assigned by the Board of Directors.
Vice President. The Vice President shall assist the President and shall in the event of death of the President, or of his inability from any cause to act, perform the duties of the President.
Secretary. The Secretary shall: a) keep the minutes of the Board of Directors' meetings; b) see that all notices are duly given in accordance with the provisions of these Bylaws; c) be custodian of the corporate records; and d) in general perform all duties incident to the office of Secretary and such other duties as may be assigned by the President, Vice President, or the Board of Directors.
Treasurer. The Treasurer shall have custody of all monies and securities of the Corporation; shall keep books of accounts; and shall submit them, together with all vouchers, receipts, records and other papers, to the Directors for their examination and approval as often as they may require; shall perform other duties incident to such office as may be assigned by the President, Vice President, or the Board of Directors.
Article VI
Dissolution
Upon dissolution of the Corporation, the Board of Directors shall, after paying and making provision for the payment from Corporation assets of all liabilities of the Corporation, dispose of all the remaining assets of the Corporation, for the purposes of the Corporation in such manner, or to such qualifying organization or organizations as the Board of Directors shall determine; all in accordance with the provisions of the New Mexico Nonprofit Corporation Act. Any such assets not so disposed of shall be disposed of by a court of competent jurisdiction for such purposes or to such organization or organizations, as said court shall determine.
Article VII
Fiscal Year
The fiscal year of the Corporation shall be the twelve-month period ending December 31 of each year.
Article VIII
Amendments
All bylaws of the Corporation shall be subject to alteration, amendment, or repeal, and new bylaws may be added, by the affirmative vote of the voting members of the Patients Advisory Board at any regular or special meeting.
CERTIFICATION
These Bylaws were approved at a meeting of the Executive Board of Directors by a unanimous vote on ____________ ___, 2010.
__________________________________________________ ___________ Secretary Date
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Feedback Needed on Producer Application,
If anyone is interested in making this happen, you can also contact me from the contact info listed on my profile.
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I decided to post this up for a couple reasons, 1st I will probably be leaving back to hawaii within a year, 2nd this framework may help someone else who is possibly thinking about getting involved and is just looking to get started, and may motivate others to get started.
3rd. I want 100% transparency, in this model people know what they are getting, and how much it is costing them to produce it.:thumbsup:
And In a sense this will be by the patients for the patients, that is if anyone contributes ideas other than myself.
=)
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Hey, nice work. Looks good. I have a couple quick questions just outta curiosity. Who would help with harvest? Volunteers? Also, who would do the actual distribution? Thanks.
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Mimbres The Articles of incorporation sound great But I think they will not be workable I know that you would be willing to donate your time but will not last forever. as for the pay for grower no 15.00 an hour would be too low of pay for someone that can produce. I have no idea what total production yearly would be but would think that a 1/4 of that production Income would not be to much to pay labor involved in that production and only 2 paid positions can't be done too much work is involved Then there are all the other costs.I also think that a director would have to be a paid position. The Secretary/Treasurer also a paid position you know better than me how much production costs would be do you have any numbers as far as cash flow would be. but I do think your model would be a great way to try and lower costs for the patients of NMMCP. the numbers would have to jive. I thank you for at least trying to do something different.I don't think the current models will ever do anything to lower cost for the patients in the program.Still I think the best thing would be for the patients in the Program to invest time and money and learn to GROW YOUR OWN MEDS .
PS I would be willing to donate My time to do something like this.
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Feedback Needed on Producer Application,
yeah, I need to work on the wording for the advisory board, the executive board would run the company as outlined in the articles of incorporation and bylaws and can not deviate from the gameplant setforth, now to change the bylaws or articles of incorporation, the executive board would have to get approval from the advisory board(the patients). This sets up some checks and balances between both patients and producer.
At harvest time, the grower and his security guard cut down everything, the majority of cannabis is will just have the fan leaves removed,but will still need to be manicured, there would also be a small amount the is manicured for people who would be unable to trim it themselves due to health issues.
I think most people who are on a fixed income would rather get 1.5 grams for 4.00$ then pay 13.00$ for 1.0 of trimmed bud.
Grams would be sold fat to offshoot the extra trim left on the bud(which some companies even charge for)
The growers Security would also distribute the cannabis.
And the end of harvest I would like patients who are registered with the company, to have the option to come volunter to help with trimming or cleaning/ or possibly pay them, it would be nice if the patients who want to help could make a little money on the side.
whats everyones opinion, should the patients volunteer for trimming, or be paid/given a credit towards cannabis.
Still working out the details, looking for input from fellow patients =)
To help patients as well, I think CANNABIS AT COST should do instructional videos on its website, that patients can view, with videos and instructions, the company is also to furnish
CANNABIS AT COST is to distribute nonrooted cuttings for free of mothers plants, and rooted cuttings shall no be more than 10.00$.
CANNABIS AT COST SHALL also setup a small area for breeding, and will give away seeds to patients for free, when you breed a cannabis plant, you get thousands of seeds.
alfonso, do you think 20.00$ would be better for the grower, and 15.00$ for security?
On the business side of it, I would have to hire an accountant, but he would be separate from the company, and not a direct employee.
I personally don't envision any problems with actually managing or running the grow itself with just two people, the most work would actually be the trimming and manicuring.
I can honestly say I spend more time trimming my cannabis at the end of each harvest, than it even takes me to grow the stuff,lol.
Trimming is long tedious work. but that labor is only going to be needed once every 4 months. so if the patients could pick up some of the extra slack, things would be sweet.
This model may not last once i leave, but ohwell there will be other producers doing it the current way, im not saying they should change, and if this idea does take maybe other like minded indivduals like myself will keep it going, or someone else will start a similar company.
Everything else with my experience should be pretty routine, I can also teach a variety of patients, and maybe when I leave, a patient who I have taught can take over the position.
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With all the needed equipment, and a large enough place, a realistic estimate I have based of previous grows I have done, I should be able to harvest 432 pounds a year within a perfect grow room with a decent yielding strain and everything I need at my fingertips.
But it will take the company awhile to get to that point at least a couple years, first harvest will probably be right around 7 pounds, and each harvest a % of money as voted on by the advisory board, will be set towards updating the grow room.
The first grow I will volunteer my own equipment to keep start up costs down, and 7 pounds is about what I could produce with the equipment I could spare.
And realistically each harvest if money is invested in equipment I could double the harvest until hitting the 432 lbs a year, which would most likely be the most I could ever produce in a year. This is not a fairy tale number, this is based of previous grows I have done, and a very realistic expectation for me, if I have everything I need.
Doc, I really do hope to be a breath of fresh air in this industry.
Thank You.
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Already have 1 volunateer, WooOT!!!
Alfonso stepping up to help, and showing Deming whats up!
:thumbsup:
Im stoked:rastasmoke:
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A 168 views since yesterday! wow!
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I wonder how you got the 432 lbs. per year. Assuming you harvest 6 times per year (around every 8 weeks), you yould need to harvest 72 lbs. from 95 plants. And, you would have to "cheat" (to have clones in place, to immediately replace harvested plants, for a total of 190 plants on-site). In other words, it seems you would have to have the 95 clones elsewhere, or hidden? (not allowed). Finally, 72 lbs. / 95 plants means you would have to have each plant yield, on average, .76 lbs. (little over 12 oz.'s) per plant. I think it might be done, with a huge up-front investment, and a very dedicated grower. Good luck.
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well if you had a veg room, and a flower room, you could have 6 harvests a year with a indica hybrid strain.
So lets say 47 plants in the flower room, 47in the veg clone room,
If at each harvest I pull 1.5lbs per plant each harvest.
thats 1.5lbs x 47plants =70.5lbs each harvest, times 6 harvests equal 423 pounds.
So I guess I meant to say 423 not 432.
The trimming and manicuring would be the most labor hands down.
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If you were to flower all 94 plants at once, you would only harvest 3 times a year, each plant would have to be vegged two months, then flowered two months two get 1.5 lbs per plant. either way it would end up with 423 pounds.
And I said 423 would have to be worked up too, first harvest would be about 7 lbs, next harvest 14, harvest after that 28, thus slowly paying for costs, instead of a huge upfront investment
Its just more cost effective having two separate rooms, one for veg and one for flower.
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This outline has little regulation as far as 3rd party, overall the idea is nice and all, but it is completely based on speculation. I know you are trying to help the masses, but there is no doubt in my mind that the number 1 way to get meds is from self-grow and dispensaries.
What should really be pushed is the insurance acceptance of the medication. That would be the only real way to get lower prices to the masses.
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There is no need for a 3rd party regulator in this model, only in the current model being employeed.
In this model everything is set in stone in the articles of incorporation and the bylaws there is no speculation, the bylaws can not be changed without the permission of the patients, so lets say down the road someone wants to change it so the president is getting his hand in the money, the patients would have to approve this.
This sets up checks and balances.
Now the already approved producers, they could vote to pay the president 200,000.00$ a year, and the patients would have no say in the matter.
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I also respectfully disagree the only way to get cheaper medicine to the masses is through insurance acceptance of MJ, this model ensures cannabis is distributed to patients in the cheapest possibly manner.
I would love it if insurance companies started accepting MJ prescriptions, but I don't think that will happen until cannabis is no longer listed as a schedule 1 substance.
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Mimbres, I would love to help in any way that I can. I'm not able to do much physically, but maybe can help with writing, etc. I think you have my email address.
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Sweet, = )
thanks deserthealer.
What is your opinion on these bylaws? any suggestions for improving them?
any thoughts on what security and grower should be paid per hour?
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I think that is something that should be changed about the laws, outdoor growers should be able to have a larger harvest, since the one harvest is all they get if they only grow outside.(I know its possible to force flower and get two harvest outside, but thats a lot more labor than just having one harvest and letting mother nature do all the work.
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I cleaned this thread up.....IF this happens again it will be cleaned in a different manner.
Have a good one!:thumbsup:
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Thank you very much Psycho, I really appreciate it!, You da man!:jointsmile:
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Quote:
Originally Posted by MimbresValley
Congratulations on an amazing harvest DesertHealer.:clap:
Quote:
Originally Posted by Psycho4Bud
I cleaned this thread up.....IF this happens again it will be cleaned in a different manner.
Have a good one!:thumbsup:
:admin2:
MV I am sorry for my previous posts it won't happen again, & good luck with your project.
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DemingNonProfit You must have just had a bad week or something I am starting to change my mind on you in a good way.