The standards set by ADHS for the medical marijuana dispensaries made the big time today. The New York Times carried a story today that highlights the limited number of dispensaries in the state; the need for dispensaries to carefully secure, store and track the marijuana; and the medical director functions. The reporter interviewed dispensary applicants, some of whom have interests in the medical marijuana business in other states. They talked about how they like the Arizona law because they say it makes their business legitimate.
The New York Times is nicknamed the Gray Lady because of the ratio of newsprint to graphics!
Will,
I recently was approached by some folks that needed to show more income on their application for a DIspensary and allowed them to include me on the application and to use 100k of my bank statements. I was told I would be 45% owner of the Dispensary.
If the license is issued in our names jointly, do I need be concerned with an unscrupulous partner removing me from the license once it’s issued?
Are there any safeguards in place to protect against this from happening? I realized after the fact I don’t have much security in the matter.
Concerned
Concerned,
You may wish to contact an attorney with your inquiry.
Thanks
There is no protection for investors in the state of AZ, because dispensaries are still breaking federal law. It has already been in the news, about people losing big money in MJ investments, in other states because there is no federal protection for this type of loan.
WOW!!!! AZDHS for the lulz!
“Then there were things they learned from the public, through official and surreptitious means. Will Humble, director of the Arizona Health Services Department, said his staff used a fake Facebook page to monitor the conversation about the state’s medical marijuana program, which is how they got to hear about loopholes they never knew existed. “
Thx alot its very interesting to learn about the American Medical Marijuana model from an outsiders perspective. Greets from Europe!
Hi, Will:
Some quick questions about the dispensary application review process:
Q1: Will the tally of applications for Medical Marijuana Dispensary Certificates in each CHAA be updated to reflect the number of applications within each CHAA that are withdrawn, not corrected within the required timeframe, and/or otherwise removed from consideration? If so, when? If not, why not?
Q2: While the identities of the applicants are confidential, can the locations of sites that get dropped from consideration be revealed? If so, when? If not, why not?
Thank you,
Marge.
Marge,
Please direct your dispensary questions via email to: [email protected] .
Thanks.