Colorado Marijuana Sales Stay Consistent from Q4 to Q1

By |July 21st, 2017|

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 […]

Ganjapreneurs Have One Year to be Ready for Canadian Legalization

By |July 16th, 2017|

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 […]

Update on I-300 The Social Use Initiative

By |July 2nd, 2017|

There is an update on Initiative 300, the social use initiative in Denver, CO. The release of a zoning map has brought up some concerns with Colorado pot activists. Another concern is the $2000 application fee that may or may not get you started on the licensing process. If you read the previous blog on […]

Colorado Attorney General Works with DEA on Toker Poker Bust

By |June 28th, 2017|

Today in Denver Colorado the Attorney General Cynthea Coffman did exactly what Colorado marijuana business owners don’t want to see. She and several law enforcement divisions throughout Colorado colluded with the DEA. They worked together  to serve up the so called “Toker Poker” bust. This bust wasn’t just in Colorado. The accused are from several […]

This Ain’t Your Daddy’s Pot a Question of Potency

By |June 22nd, 2017|

Hopefully you are as sick of reading that headline as I am. For years we’ve been hearing about how much stronger our pot is than it was in the 1960s and 1970s. It’s certainly true but how much stronger is it? First of all let me clear up an important aspect of this comparison. According […]

Live Resin Concentrate on the Rise

By |May 10th, 2017|

With so many options for consumers to choose from in the concentrate category, why is live resin so popular? Wax and shatter seem to be on the decline when it comes to sales numbers. As consumers in legal states become more particular it is important for dispensaries to keep up with demand. To figure out […]

Tax Check List

By |March 31st, 2017|

As December 31 fades in the rearview mirror and another year appears in the headlights, it’s time to think ahead to 2017 Tax Season. The Tax Man will be here sooner than you think.

While reviewing year-end financials, keep these things in mind:
Cash
Count your cash

When thinking of the cannabis industry, one thinks of cash. And lots of it, […]

Pinnacle Consultation’s Fowlkes Returns from Oregon Consults

By |March 17th, 2017|

With stops in St. Helens, Cornelius, South Beach, Hebo, Portland, Dayton and Gaston, Kris Fowlkes, director of commercial operations at Pinnacle Consultation (PinnacleConsultationInc.com), was on the go during a recent ten-day trip to provide that one-on-one personal attention for which Pinnacle Consultation is known. Pinnacle Consultation, a Colorado-based cannabusiness consulting firm, has seen its Oregon client base […]

Security Violations: What to Look For

By |February 27th, 2017|

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 […]

Minnesota MMJ Workers Ratify Union Agreement

By |February 24th, 2017|

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 […]