Replies to post #33566 on Sunset Island Group Inc (SIGO)

[growdoe]

Penknee, you have the wrong link.

You provided a permit fee; we are talking product taxes.

Go here:
http://www.co.monterey.ca.us/government/departments-i-z/treasurer-tax-collector/commercial-cannabis-business-tax

Taxes are $2 per square foot, not $15 as surf suggests.

If that is wrong, what else is wrong???

So many inaccuracies being spread on this board. That's too bad.

Also, your price per lbs of sellable flower assumption is too low, IMO. Average is in the $1300 ranging between $500 to $2500.

https://mjbizdaily.com/will-californias-regulated-market-see-drop-500-pound-wholesale-cannabis/

[BeerIsGood]

$9.25 per dry-weight ounce of cannabis flowers that enter the commercial market,

Really? $9.25*16 = $148/pound tax on flowers?

160 lbs per harvest x 2 per month = $47,350 a month in flower tax??? CRAP!!

Monterey County charges $15 per sq foot. per year I hope and not per month

At per year 1600 sqft canopy(with vertical it is going to be more) x $15 = $24,000 / 160/5 harvests = $30/pound