Quote Originally Posted by gypski
In reality, nonprofit medical cannabis co-ops and their employees shouldn't have to pay taxes either. Nonprofit means exactly that and any wages paid are federal/state minimum wages putting the employee in the exempt tax class since nonprofit medical cannabis co-ops aren't rich corporate mogals and can't afford to pay unemployment comp insurance or health insurance. Except in California where they can afford $50 an ounce tax on top of the stratospheric prices they already pay!!!!! :jointsmile:
If they are not paying unemployment and workmans comp they will not be in business long. Health ins is not required by law. There is a lot of profit in non-profit business. Maybe the co-ops are paying minimum wage but that is not applicable to most non-profits. (like almost every hospital in the country) Do you think the CEO of the red cross makes minimum wage? they are non-profit