So what do I mean by Medical Marijuana Collective?

Here are the basics of how a collective works and tomorrow I will go over how to choose the best type of collective for YOU. 

In a nutshell:

A collective is a group of patients that collectively grow a garden and share equally in the harvest.  Any excess marijuana is then either sold through a storefront dispensary to patients outside the collective at cost or to another dispensary at cost.  Technically since marijuana cannot legally be sold, all distribution of marijuana must be sold at cost and the collective must be run in a not-for-profit manner.  All proceeds are to go back into the collective in a way that benefits all the members.

This does NOT mean that you can’t pay yourself or those in your collective who put in the work to grow the marijuana, a reasonable salary.  In a future post I will also go over what expenses you can include in the price of the marijuana you distribute, and later I will explain how some collective owners have exploited the medical marijuana system and made profits through their collectives.

There are several methods in which you can run your collective that exist right now.  These include:

a.       On your own/ a few friends

b.      A storefront with many patients

c.       A delivery service

Tomorrow I will show the Pro's and Con's of each of these types of collectives so that you can choose the right type for you and your patients.