Essay on The Cannabis Wellness Center: Industry & Competitive Analysis

Words: 3309
Pages: 14

The Cannabis Wellness Center | Industry and Competitor Analysis |

* Introduction
The Cannabis Wellness Center will provide services/products to customers who are medically certified. To qualify as a medically certified candidate you must have your physician certify that you have an eligible condition. Your physician will certify you if you suffer from severe chronic pain, painful peripheral neuropathy, intractable nausea/vomiting, severe anorexia/cachexia, hepatitis C infection currently receiving antiviral treatment, Crohn’s disease, Post-traumatic Stress Disorder, Amyotrophic Lateral Sclerosis (Lou Gehrig’s disease), cancer, glaucoma, multiple sclerosis, damage to the nervous tissue of the spinal cord with intractable
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This Bill outlines guidelines for patients and their caregivers pertaining to possession and cultivation. Under SB 420 patients are allowed to posses, process, and transport 8 ounces (half pound) of medical cannabis, and may also cultivate 6 mature flowing plants or 12 plants in non-flowering stages- it also allows counties the permission to exceed these limits. Caregivers are to be reimbursed under SB 420 for material and labor costs. A voluntary state identification registry and card was created that protects patients against arrest and prosecution so long as they follow SB 420 guidelines, and a 24 hour service was created so that police can validate cards. Patients are not required to have a card, and do not need one if they have a prescription or recommendation from a qualified doctor. It also allows the creation of coop gardens and collectives. (CANorml, 2009)
In February 2007, the California State Board of Equalization (BOE) issued a Special Notice. This noticed outlined its policies for the taxation of medical marijuana transactions. The special notice requires that businesses engaging in medical cannabis transactions hold a Seller’s Permit (Edmund 2008).
SB 420 mandates in statute Health & Safety Code, § 11362.81(d) that the Californian Attorney General set up “guidelines to ensure the security and non-diversion of marijuana grown for medical use.” Attorney General