Central Wireless Inc (CWIR)

[Briggsy]

Nobody can answer the question about the ramp up period for MJ operations in Colorado?

H&G acquired CWIR in Jan 2014 and Pr'd they would begin to explore MJ based off affiliates request so
I assume no Colorado operations will begin until 2016 per State of Colorado MJ division rules?

Briggsy Tuesday, 04/29/14 11:52:09 AM
Re: Labradorite post# 15099
Post # of 16175
Interesting stuff on Colorado MJ (medical/retail) businesses from The State of Colorado which can be verified at this time. Just as many have said, the current sellers and growers have been doing it for MANY years on the medical side before retail became legal and they merely needed to apply for retail license under existing medical license and divide stores due to medical/retail tax complications or establish a new store. Lot's of licenses, inspections, applications, fees and time!

- During the two-year “Ramp-Up” period prior to January 1, 2016, only fully licensed Medical Marijuana (MMJ) businesses will be eligible to apply for (RMJ) licenses, and they must have been legally operating under Colorado law and applied for their Denver MMJ licenses prior to October 1, 2013.

http://www.denvergov.org/businesslicensing/DenverBusinessLicensingCenter/RetailMarijuana/tabid/445028/Default.aspx

http://www.denverpost.com/marijuana/ci_24439065/more-than-100-recreational-marijuana-shops-line-open

- Colorado has 517 medical-marijuana dispensaries, 138 medical-marijuana-infused products businesses and 736 medical-marijuana-cultivation facilities, according to the Marijuana Enforcement Division.

I guess we'll see after 2016 if this stock has a chance at being a legitimate MJ company in the next 10-yrs or not.
What's hard for potential startups is they have to secure location, re-model, submit building drawings, certifications, applications, pay fees, etc., and then wait on a lengthy CO approval process with many directions and loops dealing with many divisions in Colorado...licensing, taxation, etc.