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 […]

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 […]

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 […]

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 […]

Supreme Court Refuses Lawsuit Against Colorado Pot

By |January 16th, 2017|

The United States Supreme Court, by a 6-2 vote, refused to hear a case from Nebraska and Oklahoma to sue Colorado over its cannabis law. The attorneys general Jon Bruning (Nebraska) and Scott Pruitt (Oklahoma) filed the suit claiming federal prohibition against the state of Colorado for its marijuana legalization law. There were no lower […]

HCI Alternatives Update

By |December 27th, 2016|

HCI Alternatives’ medical dispensary opened in the Metro East nearly a year ago. The clinic, in Collinsville’s Eastport Plaza, started with 89 total patients. It has been adding about 17 new patients a week and now has a total of more than 900 patients.

Chris McCloud, spokesperson for HCI, said growth has been slower than the company anticipated. McCloud said he […]

Health Canada: MMJ Program Grows

By |December 5th, 2016|

Health Canada reported rapid growth in its Medical Marijuana Access Program. According to Health Canada data, patients enrolled in the program grew almost 30 percent in the quarter ending Dec. 31, 2015 to 39,668.  This is 157 percent growth from a year ago.  It is an acceleration from the 27.6 percent sequential growth reported in the prior quarter.  The quarter […]