EVIO Inc (EVIO)

[Goodbuddy4863]

So many Independent companies will not get their weed tested.

EVIO to the Rescue.

I was reminded by a Friend about owning a Marijuana Grow.

Here is what He said:

"Founded a commercial MJ business with 4 partners including me, we purchased 2 green -houses from a rose grower and started a commercial MJ business in early 2012 with $500K. In our 3rd year we were profitable which is harder to do than you or 98% of investors realize. FRICKING TAXES KILL MOST GROWERS AND WILL CONTINUE TO DO SO UNTIL MJ IS LEGAL NATIONWIDE. The I.R.S. taxes the PI$$ out of growers.

You pay full income tax and are not allowed to write off any business expenses at all: no write off for wages, electricity, water, rent, property taxes, loans, zero write offs are allowed. Because of our greedy government MJ is going to be mostly grown outside of the U.S. in my opinion. I know a grower who is very big here in Colorado that has lost nearly 1 million dollars in the last 4 years, the effective tax rate for all growers in the U.S. is around 58%."