THIS IS IN RESPONSE TO A POST ON THE INDUSTRY-WIDE “SAVE CANNABIS” FORUM. AGAIN, UNLIMITED PROFITS ARE BEING SUGGESTED AS BEING “OK”, DESPITE THE NON-PROFIT REQUIREMENTS OF PROP 215. HERE IS MY RESPONSE:
It is way more than a decent living when collective “owners” personally share with me some millions of $$ they are working on laundering. So, plenty of collective owners are making way, way more than a fair wage.
But this issue aside, the collective model was never to be pounds in and pounds out. The growers are to be a part of the collective and provide their services and expenses to the collective. The current model in the stores is no where close to “compassionate”. Flowers are being purchased for $1800 and resold in the collectives for nearly $7k/pound when you see the $75 eights and even more.
I would love people to begin sharing any collectives who are following this model. The collective needs to be growing all their own flowers or have members of their collective that grow under a legal Designation Letter from the management of the collective. Ideally, all the growers’ flowers would be distributed inside the collective.
It is huge cash profits and deviance from the intention of the collective model that has led to the downfall of so many stores. The physicians have cooperated by making a mockery of the “Recommendation Letter”.
I wish I felt better about what has happened, but I just don’t see a bright future for the current model.
Allan I Frankel, MD