Companies are smart to hop on the end of another prohibition that will be quite lucrative. It is an immense blue ocean.
Microsoft is the first big company to say it's serving the legal marijuana trade
151–160 of 226 posts
Re: Microsoft is the first big company to say it's serving the legal marijuana trade
#152Re: Microsoft is the first big company to say it's serving the legal marijuana trade
#153Re: Microsoft is the first big company to say it's serving the legal marijuana trade
#154Earlier quoted context omitted.
The IRS explicitly states that you need to declare bribes and income from illegal activities [1] "Illegal activities. Income from illegal activities, such as money from dealing illegal drugs, must be included in your income on Form 1040, line 21, or on Schedule C or Schedule C-EZ (Form 1040) if from your self-employment activity." [1] https://www.irs.gov/publications/p17/ch12.html
That's just hilarious! Are you saying drug dealers actually report their income and pay taxes off it?
You have to buy them and place them on your drugs so if you get raided, you can prove that you paid taxes on your supply. There are even folks who collect the stamps.
Re: Microsoft is the first big company to say it's serving the legal marijuana trade
#155Earlier quoted context omitted.
> was it incompatible by design or simply by incompetent management? "Have you stopped beating your wife?" Seriously, what a dumb question. The answer is "neither": at the time of its release, IE6 was great. It was way better than its only real competition, Netscape 6, which hadn't seen updates in years. Yes, it had bugs, but all software does. If Microsoft had just given it regular updates, it would've been fine. Th…
Not sure why the snark. I think it's a fair question. Since you take issue with the phrasing, I'll enlarge it to "development & management of IE up to 2006." They did give it regular updates throughout that period; those updates just never targeted web standards. I'm honestly wondering whether that was through explicit desire (it's a valid business strategy), willful misdirection (not prioritizing "the web"), or mana…
Re: Microsoft is the first big company to say it's serving the legal marijuana trade
#156There is no legal marijuana trade in the US, as all marijuana trade is criminal under federal law, and it's generally a crime to knowingly profit from a crime (and, since drug offenses are covered in RICO, it's another crime to use any profits tired to them in the operation of any business engaged in interstate commerce.) Microsoft may be keeping distant enough not to worry (though perhaps not given their formal part…
[1] https://www.wired.com/2013/01/coder-charged-for-gambling-sof...
Re: Microsoft is the first big company to say it's serving the legal marijuana trade
#157Earlier quoted context omitted.
Massively underserved. I live in Denver and have friends with ownership stakes in local dispensaries. The quality of their software solutions (mainly POS/Compliance) is laughable. Edit: This ( http://www.mjfreeway.com/ ) is the defacto standard. I kid you not it went down for 2 weeks ~a year ago after scheduled maintenance went wrong. At the time it had ~50% market share, this left dispensaries around the country doi…
It's funny that you mention MJFreeway. Their one of our competitors. I'm an engineer at [Greenbits][1], a marijuana POS system running on almost 50% of stores in Washington State. We were runner up finalists at [2015's Tech Crunch Disrupt][2]. Every quarter, we do visits to stores (some of our customers and those of our competitors). It's amazing to see the state of the industry and how underserved it is. I think par…
Re: Microsoft is the first big company to say it's serving the legal marijuana trade
#158There is no legal marijuana trade in the US, as all marijuana trade is criminal under federal law, and it's generally a crime to knowingly profit from a crime (and, since drug offenses are covered in RICO, it's another crime to use any profits tired to them in the operation of any business engaged in interstate commerce.) Microsoft may be keeping distant enough not to worry (though perhaps not given their formal part…
> as all marijuana trade is criminal under federal law You may be right because of the word trade ; however, the Federal government itself has authorized the growing (University of Mississippi) and interstate distribution of legal marijuana since 1976 through CIND. Not trying to split hairs, because the total patient list has probably always been under a dozen people, but it is still an interesting fact and one I onl…
Re: Microsoft is the first big company to say it's serving the legal marijuana trade
#159There is no legal marijuana trade in the US, as all marijuana trade is criminal under federal law, and it's generally a crime to knowingly profit from a crime (and, since drug offenses are covered in RICO, it's another crime to use any profits tired to them in the operation of any business engaged in interstate commerce.) Microsoft may be keeping distant enough not to worry (though perhaps not given their formal part…
There is no legal marijuana trade in the US, You mean interstate trade, of course.
Re: Microsoft is the first big company to say it's serving the legal marijuana trade
#160Earlier quoted context omitted.
> as all marijuana trade is criminal under federal law You may be right because of the word trade ; however, the Federal government itself has authorized the growing (University of Mississippi) and interstate distribution of legal marijuana since 1976 through CIND. Not trying to split hairs, because the total patient list has probably always been under a dozen people, but it is still an interesting fact and one I onl…
Is this for consumption as full cannabis products (for smoking or consumables) or for the production of marinol only?