Matthew Davies and his family
Imagine you’re a person with a Master’s Degree in Business who has worked in several different industries but was looking for an opportunity to start your own business.
You find one, in largely uncharted territory that will fill a hole in the market and potentially make you a lot of money...Medical Marijuana, which is legal in the state of California (and 18 other states) but still illegal under federal law.
You:
- Follow all the right laws
- Hire compliance lawyers, accountants, and a payroll firm
- File for state and local business permits
- You pay California sales tax
By 2012, your business:
- has several locations
- employs 75 people
- is generating $8 million a year in revenue
All of that and you’re facing 10 years to life in prison.
That’s exactly what is happening right now to Matthew Davies.
Read more about Matthew in The New York Times
To read more about Matt's story and how you can help his fight click here
If you're thinking about opening a medical marijuana dispensary anyway, here's what you'll need to know.
