Cannabis Industry: New and Noteworthy

By |November 26th, 2018|

It sounds like a broken record, but the ever-changing marijuana industry is well…ever-changing. Month-to-month and, if elections occur, day-to-day reform seems to be constantly taking place. Here’s a look at various developments in the cannabis industry throughout the United States.
ALASKA
State Department of Revenue is considering a third tax tier for cultivators to help thwart the […]

Is Indiana Marijuana Legalization Up Next?

By |November 19th, 2018|

Is Indiana marijuana the next big news? Michigan legalized recreational marijuana on November 6th – becoming the 10th state in the nation to do so. Immediately, officials in neighboring Indiana have become concerned about impaired drivers crossing state lines.
“People should know law enforcement around here is working together on how to address it.”

– Dave Wells

Commander of […]

Colorado Marijuana Report Card

By |November 5th, 2018|

The state of Colorado marijuana. Recently, the Department of Public Safety released a report on marijuana’s impact in the state. General findings appear to be positive, with a few trouble spots.

According to the report, there has been a significant drop in arrests “since recreational sales began in 2014.” This is mostly attributed to the decline in […]

Marijuana Grows are Failing

By |October 29th, 2018|

Colorado legalized medical marijuana back in 2000 with Amendment 20. Of course, recreational (Amendment 64) passed in 2012 when Colorado and Washington became the first two states in the nation to legalize cannabis. But now a considerable number of years have passed since first generation marijuana grows were planted. And as usually happens with technology, […]

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 […]

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. […]

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. […]

Colorado Springs Amends Marijuana Extraction Fire Codes

By |September 10th, 2018|

On June 4th of this year, the city of Colorado Springs City Council passed Ordinance No. 18-50, officially adopting the 2015 edition of the International Fire Code. Those in marijuana extraction should take note. Staying in compliance is crucial for staying in business. A major part of compliance is being aware of building and fire […]

Evolving Marijuana Laws?

By |April 30th, 2018|

Times are changing. On April 13th, 2018, President Trump agreed to a deal with Colorado Sen. Cory Gardner (R) to support federalism-based legislation to protect states who reform marijuana laws. All in all, it is good news for cannabis advocates as back in January, Attorney General, Jeff Sessions, alluded to potential crackdowns after rescinding Obama-era […]

420 Ready?

By |April 19th, 2018|

It’s almost here. To some, it is the ultimate marijuana meet-up of the year. To others, just another Friday. This day in question is of course, April 20th, known more commonly as 420. According to marijuana sales records collected by the Colorado Department of Revenue, exponential growth continues every year. Retail sales alone from the month of April grew […]