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So we've got: 1 - High taxation rate 2 - IRS problems with taking deductions 3 - Being vulnerable to all government agencies by declaring youself 4 - Supply and demand pushing prices down 5 - Dependent on whims of state LCB inspectors, who can destroy crop as punishment fro some infractions 6 -...

Ohh, I think I get what you're saying. Yeah, that makes it lower if you divide by the base price. So lets do it your way. For only two rounds of the 25% tax it would be $4.88/$9.33 = 52%. For all three levels of taxing divide $14.34 excise tax by $23.54 pre-tax price = 61%. Somewhere in between...

Yeah, I hear you. I thought it worked that way too at first, but it doesn't. This is an excise tax, which is generally included in the price (like gasoline). They are taking 25% of whatever you sell for. So the grower (and retailer has to bump up their prices to account for it. From the WAC...

People, get out your calculator on the tax issue. Say you are a producer/processor, so only two levels of the 25% excise tax apply. You sell your cannabis for $5.33/gram to a retail store. The state takes 25% = $1.33/gram. The retail store buys it for $5.33 and keystones the price to retail...

Here's a youtube link that shows how to use the PICOL (Pesticide Information Center Online) database to find WSDA-approved pesticides for cannabis grown under I-502. You can look up by pest or whatever, and export to spreadsheet. Pretty cool, looks like mainly organic materials? Narrator's...

Other than what the regulations say directly, is there any other guidance from the LCB about what they are expecting to be in the Operating Plan? When I submit I would like it to be complete and thorough in their eyes.

Depends upon the terms of your employment. If growing MMJ is prohibited then I would say yes. If not then I would say no. But in general, if you get your legal advice from the RIU forum, then there might be deeper forces at work. :)

Anybody want to guess at how many grower apps the LCB will get in the 30 days? I think it will be over 1000.

Really, dude? What you are missing is any idea of what medical marijuana means to a lot of people. What you are missing is marijuana and liquor are not 'pretty much the same'. What you are missing is the Liquor Control Board (along with the Dept of Health and Dept of Revenue) are attempting...

Wish I knew what the price was going to be, would make some decisions a lot easier. lol Really tho, free market, who knows where it will shake out, but probably won't hit a stable level for a few years. Nobody's setting the price, so the question is how efficiently can you grow quality - and...

yeah, I sent an email to the LCB and they sent me a list of companies that they think will provide the proper insurance: Washington State · Farmers Quincy · Greenpoint Insurance Advisors LLC · MarijuanaInsurance.net · Premier Southwest Insurance Group I talked...

Licensed Electrician.

Retail MJ stores will be allowed, 334 of them in the state, I think.

Uhh, no, when 502 stores are up and running any out-of-state tourist can purchase. Go Vancouver, WA! Probably not until May 2014 or thereabouts.

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Changes afoot - https://lcb.app.box.com/draft-recommendations. Which three things are the worst here?

Here's my idea for a 30' by 40' pole building, with a loft. Under the loft there's only 7' of headroom, so the two flowering rooms need to go on the other side. Existing slab, so I need to frame up the two flowering rooms as well as a drying room. If all goes well, I could manage 5 cycles per...

Let me know if you find out something different. In all fairness though, it may just be since there are no final rules in place yet. They would be unwilling to underwrite anything until they know the lay of the land. Once the rules are finalized they might offer something. I would doubt that...

That's my agent, Farmers. He checked other sources too. On another note, this grow idea sounds good only if prices stay someplace reasonable. But I'm thinking of acres and acres and large greenhouses on the east side and cheap labor .... Any reason why the price won't sink way down there? A big...

So the word is that my county is going to allow a 502 grow in residential zoning. Like it's no different than growing tomatoes, which is allowed in residential zoning. That would be great if it happens, I'll post when I hear the official word. On another note I called my insurance agent to ask...