Sentences with phrase «dispensary owners»
"Dispensary owners" refers to individuals or businesses who own and run establishments where medical or recreational cannabis products are sold legally. Full definition
Previous convictions under the Controlled Drugs and Substances Act could preclude current dispensary owners from obtaining licenses under the legal marijuana regime.
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That includes players operating at varying levels of legality, from the 36 licenced producers responsible for growing and supplying medical marijuana, to scores of dispensary owners currently operating illegally in a number of Canadian cities.
Such decisions force cannabis dealers into a cash - only business which Bend, Oregon's, The Bulletin notes, «Cashless transactions are not only convenient for consumers, but dispensary owners say they reduce the amount of cash on hand.»
Bates plays a pot dispensary owner in Los Angeles.
But as many keen dispensary owners found out — some after being raided by cops — that legal loophole they were hoping to exploit was illusory.
Tradiv plans to use the data to build products to alert wholesale managers about popular products, so dispensary owners will not have to guess.
Most dispensary owners contacted for this report deal only in cash, such as Mark Capp, co-owner of Oregon Euphorics on SW Century Drive.
Despite that, Stapleton and other dispensary owners interviewed for this story said major banks in the recent past have closed their accounts.
A group of Capital Region lobbyists for hopeful cannabis growers and dispensary owners started a business alliance.
Diligent planning and corporate legal structuring could go a long way to ensuring that current dispensary owners do not get shut out of the multi-billion dollar legal marijuana industry once it finally arrives.
«A lot of dispensary owners and medical cannabis proponents make a big case about how therapeutically beneficial CBD is,» says Vandrey, «but our testing indicates that a lot of what's available in the edible cannabis market may have very little CBD.»
Cashless transactions are not only convenient for consumers, but dispensary owners say they reduce the amount of cash on hand.
She also cautioned that pot dispensary owners, who legally must deal only in cash, will have to pay rent in cash — and that could raise alarms about money laundering from federal officials.
Current dispensary owners and operators looking to the future without considering the present face a significant risk of being criminally charged and, as a result, being potentially shut out of a multi-billion dollar recreational marijuana market before it has even begun.
Technically, people like growers and dispensary owners can now be prosecuted in recreationally legal states.
With over 230 businesses using Tradiv in Colorado, about $ 1 million worth of product is sold each month on the platform, making it as easy for a dispensary owner to buy a pound of high - grade marijuana as it is for a liquor store to buy a case of Scotch.
On the other hand, a dispensary owner who tells a bank «We're a pot shop» will get only one reply, Stapleton said: «See you later.»
That means those dispensary owners cleared an important first hurdle: They established a bank account.
This might provide some insight as to why news editors are killing stories about curing cancer with cannabis, and why the government is still handing out lifetime jail sentences to dispensary owners for selling the possible cure to cancer to sick and dying patients.
If the new legalized recreational marijuana legislation has similar provisions to the existing Regulations with respect to grounds for refusal of a license, dispensary owners could face serious ramifications for non-compliance with the current law.
Current dispensary owners and operators who want a stake in the legal marijuana market would be well served to seek legal advice and evaluate preventative options before they have been raided and charged, by which time it may be too late.