Quote Originally Posted by ralex999
One thing most seem to over look is the non-profit status. I can guarantee you that Will Humble of the Arizona Department of Health is not going to over look this fact when he starts giving out licenses. So lets see.... How about a Drug dealer from a Cartel South of the Border that goes in an opens up a brand spanking new Non-Profit Org? Do you really think that one will fly? How about some "carpet baggers" from Cali coming over and also bringing with them a "new" freshly organized 501 (c) (3) non-profit tax exempt Org? Not going to work either. You better have your ducks in order as this thing is going to go only to well organized, Old and I do mean Old, Seasoned IRS approved orgs that are least five to seven years old if not older. That takes care of about five thousand of you guys who haven't figure it out yet. I have been an accountant for non-profits for over thirty years and if you haven't figured out what "That none of the assets can inure to the private benefit of any director, trustee or individual within the Org" and then folks, you need to figure out how to transfer money from one Org to another one without coming under scrutiny like the Red Cross did during 911. You can't pay your guys a million dollars per year salary and bonus and think you are going to get away with it. Say goodbye to your license next year....
Suggest that if anyone wants to find out the ends and outs of a Non-Profit, 501 (c) (3) that he add me to his "Friends list" or email me privately. Not sure they allow private email addresses here so if someone knows, let me know and I will post mine.
Tax evasion advice from an accountant, who knew?

I'd expect a professional with 30 years of experience under their belt to be able to form a proper paragraph. No offense but it sounds more like you're trying to scare people into paying for your service of structuring a pyramid scheme of non-profits to siphon money from the non-profit dispensary, rather than giving sound financial advice.
zcwilkins Reviewed by zcwilkins on . NEED HELP TO START DISPENSARY I would like to open a dispensary in Arizona as soon as the bill passes. I need some adults to help with Money, Law, clinic real estate, doctors, inventory etc. If interested and at least 21 years old please leave your name, what you can help with and a contact number or e-mail address. Rating: 5