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Author Topic: [GLBSE] N33D W33D MMJ Growing Op  (Read 5271 times)
BitMonkey
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August 29, 2012, 10:41:16 PM
 #61

If you use the medical strategy you would have to be a non profit organization ("unincorporated" preferably).
You definitely couldnt have stock holders.
And no profit could be distributed.
You may be able to take a loan out and pay it back with interest. In which case the loan could be from a group of bitcoiners, structured in some manner.
Cool Idea,
But the downside about grow ops is they usually fail, in terms of quality.
If you have a bunch of experience producing high quality then disregard this, but if you think just by knowing all the info in books and online that your first grow will come out top notch then you are in for a rude awakening.

Anyways there would be a set interest rate and it could not be relative to how much you make.
Therefore it kinda reflects a bond.

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Snapman
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August 30, 2012, 12:41:23 AM
 #62

If you use the medical strategy you would have to be a non profit organization ("unincorporated" preferably).
You definitely couldnt have stock holders.
And no profit could be distributed.
You may be able to take a loan out and pay it back with interest. In which case the loan could be from a group of bitcoiners, structured in some manner.
Cool Idea,
But the downside about grow ops is they usually fail, in terms of quality.
If you have a bunch of experience producing high quality then disregard this, but if you think just by knowing all the info in books and online that your first grow will come out top notch then you are in for a rude awakening.

Anyways there would be a set interest rate and it could not be relative to how much you make.
Therefore it kinda reflects a bond.

Ya, i thought about the loan idea as nonprofit limitations would intervene.

As for the quality statement, im not just walking in out of the rain. Been growing for personal use since receiving my medicinal card (that's as much as im willing to admit Tongue), slowly prefecting my craft.

BTCRadio: 17cafKShokyQCbaNuzaDo5HLoSnffMNPAs
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