Thousands of Oklahoma MMJ Applications Approved

By |December 17th, 2018|

Oklahoma MMJ applications are booming. According to state officials, thousands of patients have already been given approval for medical marijuana licenses. State Question 788 allows 18+ to apply for an MMJ license if they have a note from their doctor. Once approved, a $100 application fee would get them a license.

The state only began accepting applications in […]

Cannabis in Canada and U.S.: Who Will Win the Race?

By |December 10th, 2018|

Cannabis in Canada and the U.S. is going strong. The race is on. But, who will win the marijuana melee? Canada or the United States? Although the two countries are vastly different in size, it isn’t necessarily clear-cut as to who will eventually lead the industry. Consider this: The four biggest cannabis companies (with valuation […]

How Much Does it Cost to Open a Dispensary?

By |October 22nd, 2018|

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 […]

Oklahoma Medical Marijuana Booming

By |October 15th, 2018|

As of October 1st, Oklahoma medical marijuana has gone full speed ahead. The state has already received a considerable amount of revenue from registration fees. Here are a few of those figures:

Patient registration fee: $501,100 for 5,011 applicants

Medicaid patient registration fee: $46,140 for 2,307 applicants

Temporary patient registration fee (valid for 30 days): $1,100 for 11 applicants

Grower […]

The Changing Colorado Marijuana Code

By |October 8th, 2018|

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. […]

Cannabis Market Update Across the Country

By |October 2nd, 2018|

A number of states across the country have either recently passed their marijuana legalization or have made significant changes to their regulations. Let’s take a look at a few noteworthy happenings in the cannabis market.
CALIFORNIA
The Governor of California recently signed a bill that lets cities issue temporary marijuana event permits at any venue. Jerry Brown’s […]

CO’s Costly Marijuana Pesticide Testing

By |September 17th, 2018|

The Colorado Marijuana Enforcement Division (MED) requires a lot of marijuana pesticide testing. The MED requires multiple testing on all marijuana flower and trim (but not concentrates). This results in redundancy and higher costs.

New marijuana pesticide testing in Colorado officially began Aug. 1. But cultivators have been busy contending with product gluts and falling wholesale prices. […]

Cannabis Expos, Cannabis Expos: Weed All About It

By |August 27th, 2018|

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 […]

Assessed Your Cannabusiness Brand Lately?

By |August 13th, 2018|

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 […]

Safe Marijuana Banking Laws Coming Soon?

By |June 18th, 2018|

Cannabis and banking in the same sentence? If Sen. Robert Hertzberg, D-Van Nuys of California gets his way, limited-service banks and credit unions would help facilitate financial transactions within the industry. The Senate Bank and Financial Institutions Committee has approved the bill called the Cannabis Limited Charter Banking Law. It now will go before the […]