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RE: The High Price of Getting Into the High Business
a lot of states where cannabis has traditionally been frowned upon as anything other than as a wicked useless demon weed are using the regulatory power they possess to limit, curtail or otherwise quash legal access to cannabis through the vehicle of exorbident base fees and over-the-top minimum finances that only the well-heeled and/or well-financed can bring to bear thus guarntying only the big boys can play
Yeah, Like currently in places like Arkansas..
No room for the little guy in Arkansas
Recently in Arkansas, the state's Medical Marijuana Commission has mandated a $100,000 license fee for medical cannabis growers. This cost is after you have paid the $15,000 application fee. Fifty percent of that fee is refunded, if you are not accepted, the rest goes to the state.
If this financial obstacle in the way of small business, was not bad enough; Arkansas also will now require that applicants show they have at least $500,000 in cash as well as proof of $1 million in assets.
Those significantly high entry fees make this industry unobtainable for many people. The Arkansas MMJ Commission sights these inflated prices as their way of ensuring success for the program. Sighting fears that the system will need money to support itself for an unknown amount of time.
Which pretty much insures that the big drug cartels will be the ones financing legal MJ thru front people or shell companies - so much for the 'war on drugs' 😵
Yuppers the "war on drugs.", the war on natural home health and patients rights to choose.