It's not easy. You need to properly set up a NPO first. As for tax returns, yes, you do need to report it, and I advise you keep very good records. As for the bank... well... Most people I know don't use them, as I stated above, they're federal level institutions. You could always use an...
I would assume that it's a closed-loop type of network, in which the growers, dispensaries, and users are all in the same "network." A collective in CA is a group of patients who use a limited number of people to provide product for the whole group.
Anyone see this story in the LA Times:
Legalization could slash the price of pot 80% - Los Angeles Times
My speculation is that to the end user, prices will not change. However, you will have big business starting large grow ops which will put many small time growers out of business. Also...
Seems that the good points in prop 19 are beneficial, but the additional stuff buried in the prop would do more harm than good. To me, it seems like prop 19 would just give way to big businesses and farms starting to cultivate marijuana, and even stricter restrictions as to who can legally...