Initial phase will be used for : • Administrative costs • Marketing • Expenses related to lobbying efforts • Commissions
Once MGCBC is acknowledged as a collective of recreational producers, capital costs will be incurred : • A head office • 8 regional depots – warehouse and packaging facilities • Research, development and testing facilities • Trucks, equipment, supplies • Other costs for the establishment of the infrastructure
Initial funding has been provided by way of a personal loan from the Chair. It is non-interest bearing and is to be repaid within SIX Months of the MGCBC being recognized as the agent for recreation marijuana growers.
The Marijuana Growers Co-operative of British Columbia is a service provider for growers. It will only retain profits for capital funding of infrastructure and required assets. Any excess profits would be returned to the members as a return on their investment. Budgets will be created such that excess profits will be avoided.