Marijuana sales Q4 FY2016 to Q1 FY2017
Colorado has recently reported $500,000,000 in tax revenue collected since 2014. That equates to $17,241,379,310 in marijuana sales. This has investors and potential owners drooling. We have calculated the quarterly sales between quarter four of fiscal year 2016 as well as quarter one of fiscal year 2017 from the […]
In July 2018 Ganjapreneurs have the opportunity to cash in on Canada’s cannabis market. Justin Trudeau is late to his 2017 deadline however, Canada will be ready for nationwide recreational sales in July 2018. The delay is frustrating for some, but for those who haven’t invested in Canada yet this extra time may be a […]
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Want to establish or expand a cannabis cultivation, grow, dispensary, extraction or retail business? Let Pinnacle Consultation help with your business plan, site location, financial projections, operational plans, licensing assistance and state and local compliance visits. Pinnacle Consultation has an experienced and knowledgeable team ready to help […]
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 […]
Security and surveillance system issues are often found during reviews of other non-related infractions. An incident at your dispensary, processing facility or cultivation site can bring a visit from local fire and health inspectors as well as state and federal investigators. One of the first things they will want to do is review your surveillance system. The review of […]
On Jan. 12 MMJ workers at Minnesota Medical Solutions in South St. Paul (Minn.) ratified a new, three-year union agreement. The workers are represented by United Food and Commercial Workers Union Local 1189. Minnesota Medical Solutions is a Vireo Company.
It includes:
annual wage increases for all employees
progression increases
additional pay for new lead positions
premiums when training […]
Compliance violations can devastate a cannabusiness. Penalties range from revocation of licenses to fines. Before the MED pops in on your dispensary, grow, or processing facility, have Pinnacle Consultation perform a compliance audit.
Common violations include:
Failing underage compliance checks
Record-keeping/METRC compliance issues
Inadequate camera coverage
Inadequate security for recording devices
Failing to disclose all […]
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 […]
It’s 420 somewhere and everyone is lighting up. Where are they getting their product? From you! Are you ready to get started with a cannabusiness? Pinnacle Consultation can provide assistance for every step along the path to getting your cannabusiness up and profitable. Pinnacle Consultation can help with your business plan, site location, financial projections, operational plans, licensing assistance, […]
Pinnacle Consultation has seen an upswing in clients seeking to do business in Oregon. So many in fact, its experts have put together a list of frequently asked questions. For more information contact Pinnacle Consultation’s main office at 719.330.5301.
Oregon Licensing – General
Q: Do you have to be an Oregon resident to receive a license?
A: Due to recent legislative changes […]
