Other nonprofits, like Miami-based Florida Health Initiative, have launched websites to find volunteers and pick up donations. Cofounder Mario Verde says his group is creating campaign literature and lobbying in Tallahassee. "People are going to get their marijuana any way they can," Verde says. "That is the reality of it. When it is legal, at least you know what growers are putting in it."

Step 8: Line up your own money, your family's money, your friends' money — and probably some loan shark money too.

On a chilly February evening in the Mile High City, John Knapp unlocks the door to a red-brick, 90,000-square-foot warehouse. A security camera monitors his movements. The dank, earthy aroma of marijuana plants growing in a controlled environment greets visitors with the subtlety of a six-foot-bong hit. The 28-year-old owner of Good Meds, a 3-year-old company that operates dispensaries in Boulder and Denver, gives a tour of his facility. He walks through a door with a sign warning that the grow room's atmosphere is "oxygen deficient."

There's certainly a lot of photosynthesis going on. An array of LED growing lights bathes the room in a dusty golden hue, nurturing a compact forest of marijuana plants. "We have about 4,000 plants in the warehouse at any given time," Knapp says. Though he won't give a specific number, he says monthly revenues are "several hundred thousand dollars."

However, Knapp says the cost of running a medical marijuana operation runs in the six figures as well.

That is the hardest lesson that upstart medical marijuana business owners fail to heed: It's not a simple matter of throwing up grow lights in a warehouse, planting a crop, and then smoking a joint watching the plants grow. A successful operation requires all the money and gold coins in Scrooge McDuck's bank vault and more.

To get a license in Colorado costs $3,000 to $14,000, and additional licensing fees can total about $8,000.

The state requires that every licensed medical marijuana facility must have a closed-circuit security alarm system on all perimeter entry points and perimeter windows installed by an alarm installation company approved by the enforcement division. The surveillance has to be done by a security company that must also be authorized by state regulators. Medical marijuana businesses also have to put in motion detectors, pressure switches, and panic alarms.

Knapp and his partners have spent $60,000 putting up a security system that met the standards of Colorado's marijuana enforcement division.

"We're not even close to having all our cameras up," Knapp says. "Every time we turn around and go on a bigger scale, it's ten G's here or ten G's there."

They spent $500,000 in electrical upgrades to expand the operation. "We've scaled up our environmental controls, which cost us $250,000," Knapp says. "We have to epoxy the floor in our drying room. It's only 2,200 square feet, but the lowest quote was $8,000."

Medical marijuana pot businesses have to find capital for buildings, seeds, equipment, computers, and all other startup costs through nontraditional lenders. With banks cautious about being prosecuted for money laundering and Wall Street investors just now starting to take chances on a small handful of startups for the same reasons, entrepreneurs like Knapp are forced to turn to family and friends.

"You can't go to the bank for anything," says Mark Santiago, the Miami commercial real estate broker partnering with Calkin. "That is why organized crime and shady entities have penetrated the market. Honest investors aren't diving in, leaving the market ripe for those other fucking idiots."

It's good to have an angel investor, a wealthy family member, or a loan shark — one who has a high tolerance for risk.

"You have to convince people to be more risky with their money if it all goes to shit," Knapp says. "An investor could lose all his money."

Step 9: Prepare to lose it all.

Ah, yes. It's easy to get lost in green dreams, but in truth, they could crumble. The rollout of a medical marijuana program could get bogged down by any number of foes: the Republican-controlled Legislature, Gov. Scott if he gets reelected, or local governments.

On its face, the potential tax revenue looks like red meat for politicians. California charges 7.5 percent sales tax on medical marijuana, generating $58 million to $105 million. Many cities charge a local sales tax on top of this. Colorado charges 2.9 percent sales tax on medical marijuana and collected $6 million in the last six months of 2013. (Colorado taxes recreational pot, which was made legal in January, at 25 percent; it should bring in $45 million to $98 million by the end of the year.) In Florida, medical marijuana could bring in $19 million to $337 million per year in taxes.

But consider what happened in New Jersey. In 2010, the state passed a medical marijuana law that had no provisions for patients to grow their own pot. This forced them to wait for dispensaries to open. But Gov. Chris Christie, a staunch marijuana opponent, limited the number to a mere six. Four years after medical marijuana was legalized, just three of these dispensaries have business licenses, and only one is operational. And access to medical marijuana is limited to those having certain diseases or those with terminal illnesses who are expected to die in a year. New Jersey has only 1,500 patients — who get charged $200 just to obtain a medical card (whereas other states charge $5 to $15). The 2013 study prepared by Florida's Department of Revenue estimates that if a similar scenario played out in Florida, only 452 patients would qualify during the first year.

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64 comments
alexandrakyra
alexandrakyra

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charleyboyillumiante

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jeebguyman225

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chariot1.co.ltd

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pharmaproductz

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we sell the kush at 1 ounce (30grams)for $300 1/8 pound(56grams) for $450 1/4 pound(112grams) for $800 1/2 pound(224grams) for $1200 1 pound(448grams) for $2200 shipping $30 We Also got Cannabis oils and concentrates. we do shipment in the whole of USA, Canada, Europe, Australia and North America. PRICES ARE NEGOTIABLE…
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kush.hooker101

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rafimarchant
rafimarchant

California Hydroponic Specialist who has grown the finest medical marijuana seeks to partner up with venture capitalist into the burgeoning MMJ scene in florida. I have a trailer full of equipment that was large enough to sustain a 2000sq/ft warehouse for 8 years as well as having grown a previous 8 years using different methods of cultivation. I have been involved with this business for 20 years (I am now 34) and I have a clean record. I would be interested in operating a business 10-50 times the size i currently have been operating. I can be reached at RafiMarchant@Gmail.com

samueljackson864
samueljackson864

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johnsonbriguel
johnsonbriguel

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weed.man4real

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420vendorshop
420vendorshop

MEDICAL MARIJUANA FOR SELL, PURPLE KUSH, OG KUSH, GRAND DADDY KUSH, NORTHERN LIGHT AND MANY MORE .
Email….....420vendorshop@gmail.com
Text / call...(817) 592-0390

30grams White Widow: $280 USD

30grams Hawaii-Skunk:$270USD

30grams Hindu Kush: $290 USD

30grams Super Silver Haze:$285 USD

30grams OG Kush :$295 USD

30grams Super Skunk :$280 USD

30grams AK 47 :$285 USD

30grams Blueberry :$275 USD

50grams White Widow: $330 USD

50grams Hawaii-Skunk:$315 USD

50grams Hindu Kush: $355 USD

50grams Super Silver Haze:$365 USD

50grams OG Kush :$365 USD

50grams Super Skunk :$375 USD

50grams AK 47 :$325USD

50grams Blueberry :$345 USD

100grams White Widow: $540 USD

100grams Hawaii-Skunk:$515 USD

100grams Super Skunk:$525 USD

100grams Super Silver Haze:$565 USD

100grams OG Kush:$585 USD

100grams AK 47:$595 USD

1 pound ak47 is $1700

1 pound Hawaii skunk is $2150

1 pound Blueberry is $2200

1 pound super silver haze is $2100

1 pound white widow $2290

1 pound OG Kush $2300

all price included delivery charges

420vendorshop
420vendorshop

MEDICAL MARIJUANA FOR SELL, PURPLE KUSH, OG KUSH, GRAND DADDY KUSH, NORTHERN LIGHT AND MANY MORE FLAVORS.
Email….....420vendorshop@gmail.com
Text / call...(817) 592-0390

30grams White Widow: $280 USD

30grams Hawaii-Skunk:$270USD

30grams Hindu Kush: $290 USD

30grams Super Silver Haze:$285 USD

30grams OG Kush :$295 USD

30grams Super Skunk :$280 USD

30grams AK 47 :$285 USD

30grams Blueberry :$275 USD

50grams White Widow: $330 USD

50grams Hawaii-Skunk:$315 USD

50grams Hindu Kush: $355 USD

50grams Super Silver Haze:$365 USD

50grams OG Kush :$365 USD

50grams Super Skunk :$375 USD

50grams AK 47 :$325USD

50grams Blueberry :$345 USD

100grams White Widow: $540 USD

100grams Hawaii-Skunk:$515 USD

100grams Super Skunk:$525 USD

100grams Super Silver Haze:$565 USD

100grams OG Kush:$585 USD

100grams AK 47:$595 USD

1 pound ak47 is $1700

1 pound Hawaii skunk is $2150

1 pound Blueberry is $2200

1 pound super silver haze is $2100

1 pound white widow $2290

1 pound OG Kush $2300

420vendorshop
420vendorshop

MEDICAL MARIJUANA FOR SELL, PURPLE KUSH, OG KUSH, GRAND DADDY KUSH, NORTHERN LIGHT AND MANY MORE FLAVORS.
Email….....420vendorshop@gmail.com
Text / call...(817) 592-0390

30grams White Widow: $280 USD

30grams Hawaii-Skunk:$270USD

30grams Hindu Kush: $290 USD

30grams Super Silver Haze:$285 USD

30grams OG Kush :$295 USD

30grams Super Skunk :$280 USD

30grams AK 47 :$285 USD

30grams Blueberry :$275 USD

50grams White Widow: $330 USD

50grams Hawaii-Skunk:$315 USD

50grams Hindu Kush: $355 USD

50grams Super Silver Haze:$365 USD

50grams OG Kush :$365 USD

50grams Super Skunk :$375 USD

50grams AK 47 :$325USD

50grams Blueberry :$345 USD

100grams White Widow: $540 USD

100grams Hawaii-Skunk:$515 USD

100grams Super Skunk:$525 USD

100grams Super Silver Haze:$565 USD

100grams OG Kush:$585 USD

100grams AK 47:$595 USD

1 pound ak47 is $1700

1 pound Hawaii skunk is $2150

1 pound Blueberry is $2200

1 pound super silver haze is $2100

1 pound white widow $2290

1 pound OG Kush $2300

all price included delivery charges

dlakatos
dlakatos

The NSA is a NAZI's WET DREAM. It has nothing to do with Democracy.

Show me the man and I’ll find you the crime.There is no individual whose private calls, emails, postings, bank and credit card transactions, online activities, and even private conversations in the “privacy” of your home, cannot be edited to paint the portrait of an enemy of the state. 

dlakatos
dlakatos

Marijuana Cop's are nothing but Modern day Witch Hunters. You should see them dancing around burning pot,  Slapping each other on the azz, Congratulating each other like some kind of big hero's. The Drug Wars Is A racket. As everybody knows there's been a sharp increase of Heroin Use in America. The United Nations is using our soldiers to guard the Global 

Elites and to big to fail Banks Poppy Field in Afghan which supply 90% of Heroin to the world. They had a Bumper Crop this year. The CIA are the biggest pusher of drugs. They flown military plane loaded with Heroin back to America to sell. Asked any Vietnam vet they no the truth

DonkeyHotay
DonkeyHotay topcommenter

 -- DEA Raids on  Colorado Marijuana Dispensaries --


4-30-2014


Federal authorities raided multiple Denver medical marijuana businesses in dramatic fashion Wednesday — smashing doors, yanking out pot plants and cash, sawing safes open and driving the seized items away in U-Haul trucks.



###

Jay Udell
Jay Udell

REAL CREATIVE Miami New Times I SEEN THE SAME ARTICLE A GOOD 2-3 TIMES. YOU GUYS ARE KILLING THE INDUSTRY!!

DonkeyHotay
DonkeyHotay topcommenter

Feds Indict Colorado Dispensary Owners and their Lawyer



Janice Poole
Janice Poole

God Bless Florida! First you have to vote yes :)

SedonaSherpa
SedonaSherpa

A grad student from UC Davis - who was working on a PHD in Agricultural Science - tested 17 samples of so-called medical marijuana in California and 100% of it was synthetic fakes.   It's like that Chilean Sea Bass you paid $40 dollars for at the Forge but actually, you had $9 Atlantic grouper.


The buds are grown to look like MJ and then it's dried and sprayed with the imitation THC - and sold to the sheep for $17 per gram.


The proof is there for all to see if you know the difference....The lab test proved it's a big scam right now.  That's why these Cats are selling books and going on the talk circuit.

sweetcookies3333
sweetcookies3333

the greatest plant in the universe is almost free, LET FREEDOM RING! 13


you missed the $$$ train the last 20 years in cali.....sorry


"any doctor against marijuana is a doctor of death" - cali secret 420

from 0 states to half the country, from low 20% approval to almost 70%, cali runs this planet by 2 decades, time to tie marijuana to the 2014, 2016 elections, out with the old, in with the new

20 years behind us southern states, sad and scary....nobody denies freedoms like the south, nobody…the top ten incarcerators on the planet are southern states...even if marijuana reforms did pass the republiCANTS in charge would deny you all your freedoms, centuries of practice...no matter though, we never planned on getting your backwards brethren from day one, half the country already but not one southern state, lol...not 1….the new generations are taking over in the south and they are nothing like their freedom denying parents, let’s ride…

Deaths by Alcohol and Tobacco: Millions
Deaths by Prescription Drugs: Quadrupled in last decade
Deaths by Guns: Millions
Deaths by the food we are fed: Millions
Deaths by Marijuana: 0, ever...they are killing my American family while denying freedom
 
love and freedom forever

AMERICA'S WAR ON DRUGS IS A WAR ON AMERICANS! 33

mariomarchionni70
mariomarchionni70

@rafimarchant my name is Mario Marchionni , I want to talk to you about maybe partnering up in Flordia.....

you can email me mariomarchionni41@gmail.com


DonkeyHotay
DonkeyHotay topcommenter

Federal agents on Friday arrested individuals in connection with high-profile raids on Colorado medical marijuana businesses, and a lawyer for one of the raid targets confirmed his client has been indicted.



DonkeyHotay
DonkeyHotay topcommenter

U.S. Attorney's Office spokesman Jeff Dorschner said the arrests were carried out by the Drug Enforcement Administration, IRS Criminal Investigations and the Diplomatic Security Service.


"Who has been arrested and the nature of the charges are currently the subject of a sealed indictment, which won't be publicly available until Monday," Dorschner said




DonkeyHotay
DonkeyHotay topcommenter

On Nov. 21, agents executed search warrants on 14 businesses — including dispensaries and grow facilities — and two homes, carting away plants and seizing records. A search warrant identified 10 men as "target subjects" connected to the operation.


Sources told The Denver Post that the raids were chasing possible connections to Colombian drug cartels, which several of the targets have denied.


Prosecutors described Uribe's alleged role in the organization in a court filing in a weapons case of a Colombian national, Hector Diaz, arrested during the raids. Prosecutors called Uribe "head of a marijuana drug distribution organization" and among the targets of a long-term investigation into money laundering and other offenses.


...

...



SedonaSherpa
SedonaSherpa

@DonkeyHotay @SedonaSherpa In the fake bud biz?  You no trichome fraud!

 
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