Spoken to people and they aren't going back and I'm not either I'd stay clear! Colorado Springs pot shop owner guilty of not paying $3.1 million in taxes. The owner of a prosperous, but unlicensed, Colorado Springs marijuana business called the Lazy Lion confessed in court that he did not pay $3.1 million in federal taxes as he should have, authorities say. Poarch, 31, pleaded guilty last week to filing a false federal income tax return, according to a news release by U.S. Attorney Jason Dunn and IRS Criminal Investigation Special Agent in Charge Steven Osborne.
Poarch and his wife, Shuntay Poarch, 31, opened a marijuana business approximately in January of 2013, according to the news release from Jeffrey Dorschner, Dunn’s spokesman. Shuntay Poarch, who is charged with making a false tax return, is scheduled to go on trial on March 25 in U.S. Between 2013 and August of 2016, customers could go to the store and join a private club by signing a customer agreement. The Lazy Lion, which was never registered as a recreational dispensary, sold membership agreements to members enabling them to buy marijuana. Members initially paid a one-time membership fee and then an entry fee thereafter, the news release said. Poarch and his wife owned several marijuana grow houses in Colorado Springs that sent the product to the Lazy Lion. Members could buy and smoke marijuana at the store. It had an ATM inside the dispensary for customers who didn’t have cash.
The business had gross revenues of $10.8 million, the news release said. In 2014, Poarch claimed income of only $19,294, when he and his wife actually took in $2.8 million, the news release said. For that year alone, Poarch and his wife owed $1 million in federal taxes, it said. The couple failed to file personal income tax returns for 2015 and 2016. Their net income for 2015 was $4,187,449, and their net income for 2016 was $1,325,575, the news release said. (A $17 discount) (Not valid with any other discounts or promotional offers) Amino Acids • Diet and Weight Loss Products • Endurance and Energy Products • Health and Wellness Products • Protein Supplements • Sports Performance Products • Vitamins and Minerals and much more! LOCATIONS: 661-588-9300 3615 Coffee Rd., Bakersfield CA 93308 (North of Rosedale Hwy./South of Riverlakes Dr./Meany Ave. 661-835-7900 8000 McNair Lane, #101, Bakersfield, CA 93313 (South of White Lane/East of Gosford Rd.) Driving Directions. Max Muscle Sports Nutrition is the only national sports nutrition, vitamin, and supplement company. Max Muscle franchises have been the supplement and health industry’s leading providers since 1991. They provide the highest quality products and superior service to everyone who seeks to improve their personal health, diet, fitness, or overall wellness in their daily lives. The health store is staffed by professionally trained and certified consultants who really care about their customers’ health. They will work directly with every customer to understand a specific goal set and determine which supplements your body needs to achieve these goals. There is no limit to your personalized goals; from athletic performance to everyday life, Max Muscle’s sports nutrition experts will help you get what you want out of life. Many of Max Muscle’s supplements and vitamins are natural and organic. MMSN has developed their own line of sports nutrition supplements including: Max EFA™ for healthy hormone levels and immune function, and MAXPRO™ Super Protein Concentrate (SPC), and much more. If desired, Max Muscle will provide a nutrition specialist to assess your current health profile (age, gender, height, etc.), and use that information to develop a personalized nutrition plan created for your body. The plan will guide you to your health and fitness goals in a safe and effective manner. Max Muscle Sports Nutrition helps customers stay active and be healthy by getting the maximum results for their efforts. Whatever your activity of choice, they are the best in the market for health and fitness products. While bath bombs can be a quick and convenient way to relax, choosing more affordable options may sometimes mean compromised quality.
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