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 […]

Compliance in Your Cannabusiness

By |July 16th, 2018|

On the surface, running a cannabis-based business is just like any other business. From staffing, to wages, inventory, and marketing, businesses thrive when there is a cohesive and well-oiled machine – that serves customers, that respects its staff, that provides a unique service or product to society, and above all is profitable. But as many […]

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 […]

Ganjapreneurs Have One Year to be Ready for Canadian Legalization

By |July 16th, 2017|

In July 2018 Ganjapreneurs have the opportunity to cash in on Canada’s cannabis market. Justin Trudeau is late to his 2017 deadline however, Canada will be ready for nationwide recreational sales in July 2018.  The delay is frustrating for some, but for those who haven’t invested in Canada yet this extra time may be a […]

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 […]

Security Violations: What to Look For

By |February 27th, 2017|

Security and surveillance system issues are often found during reviews of other non-related infractions. An incident at your dispensary, processing facility or cultivation site can bring a visit from local fire and health inspectors as well as state and federal investigators.  One of the first things they will want to do is review your  surveillance system. The review of […]

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, […]