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The new medical marijuana dispensary law only allows four non-profits to operate at any time growing and dispensing medical marijuana in Vermont. They are required to pay the State of Vermont $30,000. a year for the privilege of running a non-profit medical marijuana business.
Excuse me, but I'm a little leery of this. It runs against the grain of how I think of a non-profit.
Is a $30,000.00 annual fee charged to a non-profit agency just for the privilege of
running their non-profit business, an act of embezzlement by the State of Vermont?
http://www.leg.state.vt.us/docs/2012/Acts/ACT065.pdf
No. 65. An Act relating to registering four nonprofit organizations to
dispense marijuana for symptom relief.
(S.17)
pg. 26 of 29, Section 4484f.
Dispensary Application, Approval, and Registration
(c) Each application for a dispensary registration certificate shall include all
of the following:
(1) A nonrefundable application fee in the amount of
$2,500. paid to the department of public safety...
pg. 28 of 29
(g) After a dispensary is approved
but before it begins operations,
it shall submit the following to the department of public safety:...
(4) A registration fee of $20,000.00 for the first year of operation,
and an
annual fee of $30,000.00 in subsequent years.
Pg. 38 of 39, Sec. 3a. Appropriation.
The amount of $108,500.00
is appropriated from the registry fee fund in fiscal year 2012
to the department of public safety for the performance of the
department's responsibilities under this act.
The above figure of $108,500 doesn't add up. If you have four dispensaries paying $20,000.00 fee to the State of Vermont the first year, that's $80,000.00 So, does this mean the State of Vermont clearly intends to have a lot of people apply and pay the initial application fee of $2,500.00 so that it makes up the difference between $80,000.00 and $108,500.00?
Let's just call this Peter Shumlin's List #3 of people who get sucked in.
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