MJ Blowing Up: Cannabis Investors Want In

By |October 31st, 2016|

Be it CBD, THC or hemp, the cannabis (MJ) industry is blowing up! If you think not, look at some of the latest information out of Colorado.

Colorado reported more than $486 million in medical and retail cannabis sales through May 2016. During that time, taxes and license fees totaled more than $71.4 million. Sales are expected to exceed $1 billion […]

Oregon to Vote on Recreational Pot Again

By |October 26th, 2016|

Election Day 2016 offers Oregon voters more than Presidential choices. It offers Oregon voters in 50 plus communities the chance to opt-into the recreational cannabis market. The very lucrative, ever growing, cannabis market. Communities seeking tax dollars to replace dying industires like logging and mining are looking to gain tax dollars from retail cannabis sales. Sales those communities rejected […]

Cannabis Grow Start-up FAQs

By |October 24th, 2016|

Pinnacle Consultation has been swamped with questions about starting a medical or retail cannabis grow. To better aid those seeking to enter the legalized marijuana market here are a few FAQs.

Q: How is growing marijuana regulated?

A: Because marijuana remains illegal at the federal level, there is myriad of state and local laws to navigate. Each […]

The Tax Man Cometh

By |October 20th, 2016|

The Tax Man cometh, and cometh and cometh. At least that’s how it feels in cannabis Colorado. The Internal Revenue Service is auditing some 30 cannabusiness pioneers for tax years 2014 and 2015 because of the cash nature of the industry.

Uncle Sam has a way of keeping track of drug (expect pharmaceuticals) money with IRS […]

November Ballot

By |October 17th, 2016|

This land is your land This land is my land
From California to the New York island;
From the red wood forest to the Gulf Stream waters
This land was made for you and Me.*

And this land will soon be seeing more states with legal and active marijuana, medical and adult, industries after this Fall’s election.

With Missouri down […]

Marley to Partner with Ocean Grown Extracts

By |October 11th, 2016|

When the city of Coalinga approved the sale of the Claremont Custody Center to Ocean Grown Extracts, little did the Council know one of the most famous names in cannabis culture would soon be associated with the cultivation. That name? Marley.

Damian Marley, Bob Marley’s youngest son, in partnership with Ocean Grown Extracts, is converting the center into […]

Michigan Update

By |October 7th, 2016|

Michigan voters legalized medical marijuana in 2008. And law enforcement has been raiding dispensaries ever since.

Michigan’s Gov. Rick Snyder ® recently signed bills to establish medical cannabis industry rules and regulations. The bills establish a licensing system for MMJ businesses, legalize infused products and require a seed-to-sale tracking system.

“We can finally implement a solid framework that […]