'If we can eke out a little bit of a profit, because we're still considered like a degenerate illegal company, the federal government taxes us at the highest percentage, regardless of whether you make money or not, which is 37%.'
“It’ll probably be six figures,” Redmond responded. “They took out the post holding up the building, they drove through the HVAC system. There’s electrical, plumbing — everything was damaged. We’ve never put in an insurance claim for all of our burglaries or drive-thrus. So it’s just kind of upsetting. This one was pretty big. They didn’t get anything. They came in and saw that the ATM was empty. We don’t hold cash overnight. But of course, they’re criminals, so they’re not that smart.
According to Redmond, only two insurance companies are willing to insure cannabis retailers in Washington. “We’ve done lobby days and we’ve participated as much as we can with local municipalities and, like I said, to the police and the LCB, they’ve been helpful as much as they can,” Redmond said in regards to reaching out to elected leaders. “But it comes back to the top. I mean, we’ve done everything we can and it doesn’t seem to get changed unless there are actual consequences for these things.”
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