MariMed's Gullickson Lobbying for Fair Cannabis Business Taxation, Banking on Capitol Hill With WomenGrow, NCIA
DispensaryPermits Launches 28 Days of Patient Awareness
PHOENIX, AZ and WASHINGTON, DC and BOSTON, MA -- (Marketwired) -- 02/12/15 -- Sara Gullickson, Executive Director of DispensaryPermits.com division of MariMed Advisors, a subsidiary of Worlds Online (OTCQB: WORX), will be meeting with dozens of lawmakers on Capitol Hill, February 12 & 13 to advocate for fair taxation and equal banking access for medical cannabis businesses to help ensure a healthy business client for entrepreneurship and diversity. Gullickson, who is also co-chair of Women Grow-Phoenix Chapter, is joining the lobbying effort with more than 60 delegates from The National Cannabis Industry Association and Women Grow, the national network of female cannabis industry entrepreneurs.
Twenty-three states have legalized medical cannabis and recently US Surgeon General Vivek Murthy stated to CBS News: "We have some preliminary data showing that for certain medical conditions and symptoms that marijuana can be helpful," yet state-legal cannabis businesses are unfairly burdened by federal tax code amendment 280E, which denies tax exemptions and credits to business "trafficking" in a federally controlled substance, since the federal government still includes all cannabis on Schedule I of the Controlled Substances Act, the most tightly restricted category reserved for drugs which have "no currently accepted medical use." Additionally, because U.S. banks are under federal regulation, almost all refuse banking and financial services, such as loans, to cannabis businesses.
"We are urging legislators to remove these handicaps that make it extremely difficult, if not impossible, for cannabis business entrepreneurs to bring needed medical cannabis treatments to patients in states where it is already legal," noted Gullickson. "Working as a united coalition, we hope to educate our elected federal representatives so they will end the unfair business conditions affecting legal cannabis entrepreneurs."
To raise awareness and focus on medical cannabis and healthy marijuana use, DispensaryPermits has launched the "28 Days to Patient Awareness" campaign via Twitter and email February 1-28. Those who sign up on the DispensaryPermits.com website or follow @DispensaryPrmts on Twitter (hashtag #MMJawareness) will receive daily emails or tweets. People also can follow the campaign on Facebook.com/DispensaryPermitscom and Linkedin.com/company/dispensary-permits
About MariMed Advisors/DispensaryPermits.com:
MariMed Advisors provides total solutions for the design, development, operation, funding and optimization of medical cannabis cultivation centers and dispensaries. The MariMed team developed the highly regarded, state of the art and regulatory compliant, Thomas C. Slater Compassionate Center in Rhode Island, which serves as replicable and scalable model of excellence. It merges commercial horticultural principles with proven cannabis production techniques. With its affiliate, DispensaryPermits.com, MariMed has secured both award winning license applications and market shares for its clients in 7 states, creating one of the best track records in the industry. MariMed provides turn‐key management, funding, staffing and personnel training, implementing best practices in the industry. It is on the forefront of medical research working with physicians and scientists to create precision dosing to treat specific conditions.
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About Women Grow
Women Grow is a national network educating, empowering and connecting women in the cannabis industry through monthly networking events, national conferences and shining a spotlight on aspiring and established women leaders in the cannabis industry. The organization welcomes women entrepreneurs at all stages of business development from within the many sectors of the industry including cultivation, sales, advocacy, investment and ancillary businesses such as legal advocacy and representation, medicine, marketing, and others. Women Grow currently has chapters in Anchorage, AK; Albuquerque, NM; Asheville, NC; the Bay Area, CA; Boston, MA; Boulder, CO; Chicago, IL; Guam; Denver, CO; Houston, TX; Long Beach, CA; Los Angeles, CA; New York, NY; Phoenix, AZ; Seattle, WA; and Western MA/Albany, NY. Visit WomenGrow.com to learn more about the organization, locate or apply to start a chapter, and tap into the organization's knowledge base and speaker's bureau.
847 275 3643
Source: Worlds Online Inc.
Released February 12, 2015