One of the most commonly asked questions we get here at Pinnacle Consultation is, “How much does it cost to open a dispensary?” Well, it depends – on your intended focus, location, size, etc. The answer though is not clear-cut, but below we’ll delve into it and help you get exactly the info you need […]
The Colorado General Assembly modified several cannabis-related bills. From vertical integration, marijuana waste, product sampling to marijuana storage, the Colorado marijuana code is on the move. Read on to see what’s changing.
So Long Required Vertical Integration
Medical marijuana businesses can now choose to vertically integrate or not. To many cannabusiness owners, this comes as positive news. […]
It seems like another new cannabis expo is popping up every week. What does this mean for the industry? And how do you decide which ones are worth attending? Is every cannabis expo created equal? No doubt, going to them all would be rather fun. But alas, time is money and time must be wisely […]
Your business brand is more than a logo and a tagline. Too often, businesses develop these pieces of information merely because one is supposed to do so, and then simply forget about them after the fact. But as a business owner, you know better than anyone why your product or service beats the competition. Or […]
A lot of businesses fail. And odds don’t improve if you own a cannabusiness. This is not to put a damper on the excitement of owning your own business, but the truth is, businesses fail left and right. What you need to realize though, is that it is not all a crapshoot.
The main reason for […]
There are numerous aspects to running a cannabusiness: increasing revenue, logistics, marketing, licensing, compliance, and maintaining inventory, just to name a few. However, these all share a common element – people. If you don’t have the right people at the right time for the right job, your business will suffer. But those who hire often […]
New Jersey MMJ was legalized in 2010. But demand is now surpassing supply in the state. Significant changes in the medical marijuana laws in New Jersey have had a major impact on dispensaries. An overwhelming number of new patients have signed up and stores are having a hard time keeping up with the demand. But […]
Maine can’t say the Governor didn’t try. The recreational marijuana market is now officially law. It is slated to launch possibly by 2019, but most likely by 2020. Gov. Paul LePage had previously vetoed the proposed cannabis bill. But the second time around, on May 2nd, lawmakers in the state opted to override the governor.
Back […]
Montana medical marijuana regulations are changing. The new laws concern testing and labeling which officials hope will help them keep a closer tab on plants through their entire seed to sell cycle. The Department of Public Health and Human Services will give a grace period of 20 days to providers to implement pesticide testing.
Originally, regulations […]
How do you know as a dispensary manager if your store is successful? You’re open during normal business hours and you have a steady flow of customers. You also sell enough product to warrant ordering more. But all of these business essentials give you only an anecdotal assessment. Determining actual level of success requires a […]
