I have a new role and opportunity in i502 helping manage, broker, and sell to licensed Producer/Processors and Retailers. I have an inventory and price sheet I can forward and am happy to assist with any type of inventory transfer desired, whether you are looking for wholesale b2b or retail transactions.
Have access to full range and spectrum of wholesale/retail products. Also buy in bulk and always looking for quality product, starting material, and trim.
DM, email, txt, or call for more details and pricing.
@eisenetics [Instagram, snapchat, twitter]
For many i502 business owners, it’s been an uphill battle to get fair (and easy) access to the Federal Banking system. As a result, i502 businesses have gotten creative in their approaches to managing money. In some cases, this puts them at odd with the Feds, with the Banks, and with consumers. It’s a no win situation that needs to change.
In the old MMJ days, it wasn’t uncommon for MMJ dispensaries to be shuttling around garbage bags of cash in their trunk. Thankfully, now most i502 retailers have access to basic banking and credit unions that suppor – on premise ATMs, and even some basic debit transactions (with usual ATM-like fees per transaction). Most transactions are still cash and the vast majority of retail shops only accept cash.
One improvement over the past year or so were changes that allow 3rd party security and armored truck companies to pickup and transport cash from retail shops to their place of deposit.
Another recent development here in Washington state is a push by state legislators to block i502 businesses from doing transactions using Bitcoin. This news just broke in the past 2 weeks. Senate Bill 5264 effectively bans Bitcoin from being used in i502. I’ve seen a few “automatic” menu/ordering kiosks at a few retail shops that appear to take Bitcoin. I have not tried to conduct a transaction using Bitcoin. Read more on this issue here: http://www.geekwire.com/2017/washington-state-legislators-look-ban-bitcoin-pot-business/
Because I’m not an i502 business owner, I’m less up on how well (or poorly) the insurance companies do with underwriting i502 businesses. I know that Lloyds of London was a highly used insurance underwriter, but I also heard that they were getting out of the industry. I would be curious to hear from i502 business owners on your experience in securing and paying for insurance.
We live in uncertain times. I feel for each and every legitimate business owner working so hard to realize their dreams in legal cannabis. Onward we fight.
As I transition my i502 data mining project from my laptop to the cloud, I’m working on a conceptual framework for offering competitive briefs, reports, charts, and drill-down maps on i502 Producers, Processors, and Retailers. This will include insight, commentary, and a sizeable chunk of data factoids about your closest competitors.
Hi guys. I’m working on a detailed analyst report on the i502 traceability data from December 2016.
Until I have it ready to publish, here are a few teaser factoids:
Largest concentrate wholesale sale: GreenRush sold 4000 grams of GreenRush Gold Standard Concentrate (Marijuana extract for inhalation) to Clutch Cannabis (in a processor to processor wholesale deal) for $48000 or $12/g.
Total concentrates sold (wholesale) to date: 8,688,860 grams
Total concentrate wholesale sales to date: $92,958,449
Average wholesale price per unit: $8.97
Much more to come. Tables, charts, commentary, analysis.