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 […]

Selling Marijuana Legally

By |March 27th, 2018|

Compliance starts and ends with identification.
Checking a customer’s I.D. seems pretty straightforward: a quick look at the birthday to be sure they’re 21 or older, and they’re good to go. Not so fast. How do you know whether the I.D. is recognized by the Marijuana Enforcement Division (MED)? How do you know you are staying legal […]

Senate Appropriations Committee Approves Bill to Protect Medical Marijuana

By |July 29th, 2017|

Details of bill
Thursday of this week the Senate Appropriations Committee approved a bill to go forward to the senate to extend protections for states with medical marijuana. This bill is in direct contradiction to Jeff Sessions’ as well as the DOJ’s position on marijuana. This bill is still far from law at this point. The […]

Medical Marijuana Investors Must Stand Up to Jeff Sessions Immediately

By |July 23rd, 2017|

The absurdity of Jeff Sessions’ viewpoints
Jeff Sessions has made many statements to express his opposition to any cannabis legality. He famously said that “Good people don’t smoke marijuana.” He has also made claims that marijuana contributes to a nationwide drug epidemic. It is apparent to all who study this drug epidemic that both the cause […]

Time to Participate in the MED Summer Legislation

By |June 30th, 2017|

This summer you have a chance to be part of the brainstorm for 2017 rule making as well as legislation. The MED (Marijuana Enforcement Division) allows public input in the five meetings scheduled for this summer. We mentioned in a previous blog that the MED will allow license changes and will accept new license applications. […]

Cannabis Grow Start-up FAQs

By |March 3rd, 2017|

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 […]

MED Onsite?

By |February 22nd, 2017|

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

By |February 12th, 2017|

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 […]

Green Rush Buzz

By |February 1st, 2017|

 

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: Oregon FAQs

By |January 23rd, 2017|

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 […]