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Ablivious

01/23/14 9:10 PM

#52586 RE: Cbdpotential #52585

Banks won't be lending anytime soon.
~or~ Banks will charge astronomical rates
and assurances.

Banks won't offer equipment deals.

PHOT WILL do the deals A to Z with
lower outlay requirements, no doubt.

PHOT is NOT related to the Government.

~~ PHOT ~~
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calamarituesday

01/23/14 9:12 PM

#52587 RE: Cbdpotential #52585

Just because banks will be allowed to "handle pot money" doesn't mean they will be lending to these large scale growing operations. Even still, they will most likely impose much larger taxes than GIFT. Keep your comments to the lettuce farm.
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Art Vandeley

01/23/14 9:17 PM

#52590 RE: Cbdpotential #52585

Back to the drawing board for PHOT.
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dmcken1

01/23/14 9:20 PM

#52593 RE: Cbdpotential #52585

disagree--a bank doesnt offer a turn key lending service for amortized loan, high quality grow equipment, and maintenance this just enhances the GIFT program as more grow ops will want to begin utilizing their next phase or expansion as they can now open accounts with their funds. GIFT program is unlike anything else in this sector and banks cannot offer what GIFT provides-