Will someone post this on the iCrap board. They ar
Post# of 15624
(Total Views: 323)
Posted On: 05/03/2017 12:44:53 PM
Will someone post this on the iCrap board. They are getting the MedMar thing so wrong. I thought a lot about this today. Here's the deal IMO:
1. MedMar was formed to try and take advantage of early MMJ approval in certain states. The first being MD. Scroll down to MedMar and hit the + sign.
https://www.washingtonpost.com/graphics/local/md-marijuana/
2. The LLC was formed with Sinai and Baruch being part of the LLC.
3. Sinai and Baruch put up the $300,000 for the loan.
4. MedMar could not get approval to process in MD or PA so the LLC decided to disband(News at 11).
5. The loan was repaid, no harm, no foul.
6.OWCP finds a more suitable partner for US distribution.
7. It's only about US distribution, not the rest of the planet.
Frustrating when folks don't do DD and just throw around baseless opinions. This is good, very good because there will be no conflict of interest that could arise in the future. AND it could be a precursor to a much more lucrative partnership.
Think business, not emotions.
1. MedMar was formed to try and take advantage of early MMJ approval in certain states. The first being MD. Scroll down to MedMar and hit the + sign.
https://www.washingtonpost.com/graphics/local/md-marijuana/
2. The LLC was formed with Sinai and Baruch being part of the LLC.
3. Sinai and Baruch put up the $300,000 for the loan.
4. MedMar could not get approval to process in MD or PA so the LLC decided to disband(News at 11).
5. The loan was repaid, no harm, no foul.
6.OWCP finds a more suitable partner for US distribution.
7. It's only about US distribution, not the rest of the planet.
Frustrating when folks don't do DD and just throw around baseless opinions. This is good, very good because there will be no conflict of interest that could arise in the future. AND it could be a precursor to a much more lucrative partnership.
Think business, not emotions.
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