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Monday, May 20, 2013 11:12:57 AM
We all thought selling a recipe and a brand name was 100% legal.
We find out much later that MJNA's interpretation disagrees and that we make zero until the laws change: that is a significant realignment!
Taking and hiding revenues is SERIOUSLY illegal... And if MJNA would admit to having exposure to THC is already illegal, they wouldn't take revenues under the table and risk breaking laws that will NEVER change.
THC might eventually be legal for interstate commerce, defrauding the government will never been legally justified.
We will continue to get zero until reschedule... Then we will begin accepting license fees.
The only hope is that in the licensing contracts, that Red Dice will be paid licensing fees in the rears upon reschedule. It creates a cash flow burden for the licensee, but would not be illegal for MJNA, and a windfall would be had.
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