So let me get this straight. If I buy 1 Cann for 6 cents, you guys are going to exchange it for 1 gram of actual marijuana at your store in 3 days from now?
That seems to be the deal yes.
How is this even possible?
The Herbal Wellness Center is required to electronically report the financial details of ALL medical marijuana sales to the Arizona Department of Health Services immediately upon completing the transaction inside the dispensary.. (Presumably to keep track of dispensaries' income for tax purposes)
That leads me to that point.. The Herbal Wellness Center must also pay taxes to the State of Arizona, and the City of Phoenix as well. But geez those are far from the main concerns if the value of the transaction reported to the Arizona Department of Health Services is only 6 cents.....
The real question is;
How in the fork is the Herbal Wellness Center going to turn a profit selling grams of medical marijuana for 6 cents??? I MUST be missing something!!
And when they say I can exchange 1 CANN for 1 gram of medical marijuana, does that imply ANY medical marijuana of any quality??? Cause
HOLY COW, if that's
REALLY the case then this is an AMAZING deal for patients! But surely any of you could understand my skepticism, right?
Thanks and lots of love!
Whats up brethren!! Im pretty sure there is a specific strain to be bought with CANN (CANNdy), so its only that strain...as for the Taxes...dude...crypto is wayyyyyyy wayyyyyyyyyyy wayyyyyyyyyyyyyyyyyyyyyyy easier to keep thorough records than non-crypto transactions...ITS ALL ON THE BLOCKCHAIN...this is one of the reasons merchants should adopt crypto in general!!!
I've never owned a dispensary before but i imagine their normal profits will more than cover any "loss" by giving patients a cheap alternative...and its only 6 cents right now....as we speak...it could be a $1 tomo....and then $5 the day after....so yea....i wouldnt worry about Delta9's team losing money here