Quote Originally Posted by oceangrown
At least we agree on that! I believe that to be the most important part of the plan. If you open a restaurant , have an amazing business, plan spend millions on the kitchen , decor and advertising. Then when you open , you serve the most horrible food. Does all the money and planning matter?
I hear ya brother... All that non-sense is not the most pressing issue. Having read almost all of the applicants, reading the articles about CC's I was pleased when a piece was written that didn't glorify the very CC's that got slammed.

Almost every article written in RI about the CC applicants has been painted into a rosey picture without talking about the two most important parts of the whole program...Quality & Price!!! The only applicant out of these mentioned that did not have a ton of political letters of recommendation, state or local cops involved was Hope! After reading the major contender, I agree with the writer, the plans are just odd. I don't care what your projections are, they just better make sense...

Not many of them did....even a novice banker will tell you to be conservative on your financial projects. I was once told by one who knows more about plans and finance than I that only an idiot assumes profit within the first 2 to 3 years regardless of what comparable markets dictate. If they put that in the plan, they immediately get sent to the trash can.

Why? Well, because it shows that they are too optimistic and unrealistic when determining market trends and you have predicted no problems throughout your start-up to growth period... If you ever owned a business, you'd know, there are always going to be problems and being a new company just makes it harder to adapt because you are new. So projecting profit and huge jumps in sales is crazy, espcially when you have more than half as many CG's as patients in RI...

Technically, the market is flooded with competition right now and will flux when the CC's open, but, at the prices they are projecting the CG's will have to offer cheaper med's in order to keep their patients. At the very least, the over priced CC's will create a more balance market which is what I'm prayin for...lol

Ironcially, if Hope did get the license, a lot of CG's are going to loose there license because not many CG's are charge less than 250 let alone 200...So, that is why Hope has my vote. Their projections were conservative and believable, the others, not so much. They focused on med and a pharmacy model. All the other want to offer (and some charged) additional services that would only serve as a distraction from getting me my top quality meds at prices I can afford!:hippy: