From farm to dispensary question

[Bud-Boy]

Is anyone willing to help explain this process? PUH-LEASEEEE!

Either in posts or private message,
I know it can be a touchy issue

i've been vending for years but I'd like to legitimize a portion of my work.
How is compensation handled legally? On paper?
Can I legally and truthfully prove I produced these meds and distributed them to "this" medical dispensary ?
Or, was compensated for this many clones, or edibles etc...

Can it be legit for a delivery service too? also a dispensary I suppose

Oaksterdam is booked for several months into the spring....

Thats my only other thought on an info source

Helping others helps the whole scene,

THanks!

 

[Ms_Weekend]

if your growing 100% legal I dont see why would have a problem making a LLC, getting a tax ID & filling a 1099.. keeping track or all your sales with invoices, & reciepts......or you could just file what you want to pay taxes on under gambling winnings.

 

[Bud-Boy]

that seems logical
but legal?
And what would the parameters of limits be? as far as individual transactions go.
My county limit? Which is the state mandated 1lb.

I well understand a majority of this is still gray area

But if someone wants to crawl up my ass with a magnifying glass
I'd like to say, yes this room produces this income.
the later part of that statement is the unclear part.

So, ok, I take my 1lb. down to another county, lets say the Bay Area,
and I ask the clubs if they 1099?
Doesn't seem like a warm reception, considering the fierce competition
I may be assuming wrong though.

More importantly to me is....
am I actually collecting for the meds or am I being compensated for my efforts?
--To tell the busybody on my ass that is.

What is the proper way to describe the transaction of meds to a club
in a legal sense?
Is there?

I read on (?) Humboldtlocal's thread about "if you have a dispensary's cooperation..." slight mention. I should go invite his opinion.

 

[Omerta]

this is why calis scene is so fucked. are you guys nuts?

llc, tax id and 1099s? clearly

ps: FUCK OAKSTERDAM

 

[LJB]

interesting info here

http://www.safeaccessnow.org/article.php?id=5207

 

[Ms_Weekend]

you would just ask for their tax id, and put it on the reciept.....they would also probably want your tax id.

your other questions cant be answered at this time since there is such a gray area with it being illegal federally

 

[Bud-Boy]

you would just ask for their tax id, and put it on the reciept.....they would also probably want your tax id.

your other questions cant be answered at this time since there is such a gray area with it being illegal federally

but it is ALL illegal federally

 

[Ms_Weekend]

well, I think you answered your own question.......there is no cut & dry answer while its illegal federally.

thats why I say just claim your income some other way.

 

[Bud-Boy]

so its still being hammered out like most the rest of the sb420

but isnt there a big ? in the loop here
The dispensary's don't grow their own so where do they get it?

Im not trying to point out the obvious here,

I was fishing for a, "this is how I do it" PM

But I think Ill have to buddy up with (a) dispensary(s) and their recommended lawyer(s)

Thought it might be an easier answer considering all the cali's on ICM

I have a cohort holding a permit to open one in L.A., just trying to gather real life info.

So I just have to "arrange" my situation into particular order.

business name, tax id number, find a dispensary that will 1099, charge for my services only

 

[Bud-Boy]

thats why I say just claim your income some other way.

But THIS is what I do.

I thought I could legitimize it.

guess its back to my "food service" business

 

[Bud-Boy]

interesting info here

http://www.safeaccessnow.org/article.php?id=5207

several years old, any follow up?

 

[canaguy27]

Why do you want to pay tax? It is federally illegal. Some try and 1099 us here in Co and i dont go near them. From my understanding, you are just vending a product to them as a cost of goods sold. The only way you could be 1099ed is if they "contract" you to do their growing and stack patients on you. I would avoid this. Talk to your accountant about it.

There is alot of grey area and you should exploit it while you can.

 

[bordercollie]

doesnt the fed collect taxes from the dispensary? if so, isnt it illegal for the fed to tax an illegal good?

taxation without representation?

i smell you budboy... i want to be legit too! why do they hold us down? just tell us how to comply, pay tax and let me run with it?
we could dance around, like we always have, but why? frustrating eh?

 

[Pythagllio]

Yes, income and sales tax are due whether the product is legal or not. Ever heard of Al Capone?

Why is it that 'taxation without representation' strikes people as if it's appropriate. Unless you live in DC, you are represented, and squealing 'taxation without representation' is utter bullshit.

 

[bordercollie]

Pythagllio- It is what it is... in this case though were talking about a legal activity, for which we want to be counted and taxed! nobodies crying anything, it was posed as a question. It seems suspect that our governing body would leave things vague and then play it for their benefit.

All of these medical marijuana reform legislation has come from the people via referendum, right? so we should write a more clear, detailed and all encompassing bit of paperwork that will end all this. if our government cant take the hint and provide a bit of leadership to set this up, then do it ourself... so Bud-Boy and I can chase the american dream of profit like any other american.

I just read Noam Chomsky's American Addiction, (the Columbian Plan) and if you have any illusions about the legality or morality of governments actions regarding the notion of taxation of illegal good or government agencies benefiting from such activity, please consider looking onto Chompski's facts. Basically, they are leaches, they don't want to stop the drug trade, they want to live off it, and they do, comfortably. Here and abroad.

of course we all know about tax evasion, p[lease don't assume I'm uneducated or unread. My english bulldogs papered name is Mr. al capone, I even took "drugs, guns, and the mafia of europe" @ UW, a class taught by a sicillian, Prof. guido giancamo preparatta.

 

[Blue Dot]

nevermind

 

[richyrich]

so its still being hammered out like most the rest of the sb420

but isnt there a big ? in the loop here
The dispensary's don't grow their own so where do they get it?

Im not trying to point out the obvious here,

I was fishing for a, "this is how I do it" PM

But I think Ill have to buddy up with (a) dispensary(s) and their recommended lawyer(s)

Thought it might be an easier answer considering all the cali's on ICM

I have a cohort holding a permit to open one in L.A., just trying to gather real life info.

So I just have to "arrange" my situation into particular order.

business name, tax id number, find a dispensary that will 1099, charge for my services only

The current laws call for a closed circuit. No buying from outside. By going around D to D and signing up on the spot is just scamming the system. Belong to a few Ds and grow for them closed circuit before hand. You are going to be hard pressed to get a 1099 out of anyone.

 

[Ciarán]

it's my understanding that no taxes are charged or placed on medicine of any kind, pharma or over the counter.

 

[toohighmf]

so its still being hammered out like most the rest of the sb420

but isnt there a big ? in the loop here
The dispensary's don't grow their own so where do they get it?
only

Actually, Dispensaries or COLLECTIVES are supposed to be growing there own, COLLECTIVELY!

That can be easily achieved through hiring a grower as a full time employee that grows for your org.

Or.. the legitimate way.. Form or join a collective of GROWERS, and truly grow your own meds with your co chairmen to provide medicine for a "recommended donation" to sustain their operating costs... This week. who knows what next week will bring in the L.A basin...

but why???? stay off the radar. stay off the books. don't be walkin in to every dispensary in town and collectin heat, or the only Collective you'll join will be the State of Dept Of Corrections.

If you got some thing to get rid of, you better do it now. the OD is starting to hit, and a lot of D's have the next few months locked down. If you think about it, The Holidays are great times for dispensaries. they get the best deals on pot to supply them a whole season!

 

[Omerta]

for the one who said taxes are due whether legal or not.

yeah its true you got one of 2 options. tax evasion for illegal gains, or money laundering for paying taxes on illegal gains. at least if you contribute with your taxes they might go easy on you?

paying taxes and trying to conceal the origins of ill gotten gains by doing so is called money laundering, for those of you oaksterdam graduates they didnt teach that too....