http://pr.cannazine.co.uk : One of the biggest problems facing the fledgling medical marijuana industry in the US, is making sure Uncle Sam gets his share of the big green pie, and thanks to the new 'tax remittance card' which is availabe from Medical Marijuana Inc, (PINKSHEETS: MJNA), dispensary/collective operators keen to stay within the bounds of the law, can now demonstrate a fully trackable distribution and payment system, alowing the operator to hopefully head off any federal (read 'tax') issues later.

And many state sanctioned marijuana vendors, including another 3 Californian operators now believe not having a computerised safety net to fall back on simply isn't worth the risk.

Dianna Kaplan is the marketing consultant assisting Medical Marijuana Inc.

Speaking to CannaZine Cannabis News recently she said, "The addition of these collectives shows their intent to comply with tax laws and provides a more solid basis to build their business on."

The Healing Centers 1 & 2 in Orange County, California, 2 Green Thumbs in Tuolomne County, California and Mother Nurture Collective in San Diego County, California plan to implement the tax remittance card in September 2009.

The Healing Centers of Laguna Hills and Irvine, California in Orange County began operating because of the foresight they had in assisting qualified patient access to medical marijuana. The Healing Center embraces all aspects of the professional operation of medical marijuana collectives from staff to education in the medical marijuana industry.  

So how does it work?

The Ability To Properly Manage Tax Collection - The Stored Value Platform System provides verifiable solutions to manage revenue and tax collection.

The “Point of Sale” (POS) system recognizes the dispensary’s tax ID number, state and local tax rates and then provides an “Automated Clearing House” (ACH) settlement of the taxes to the proper financial institutions.

 Internal Management - All collectives/dispensaries in the U.S. are cash businesses, which presents various challenges. Customers are issued a MMI debit card or medical revenue card that allows easy access to certifiably secure transactions, and lessens the risk for the dispensary at all levels.

It can even monitor multiple locations.

Click the link below to find out more from MMI

http://medicalmarijuanainc.com/