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, […]

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 […]

Medical Marijuana Lawsuit Dismissed

By |March 5th, 2018|

In July of 2017, a federal medical marijuana lawsuit was brought questioning the constitutionality of the Controlled Substances Act (CSA). The CSA classifies marijuana as a Schedule I substance. Other substances receiving this same classification include LSD, mescaline, and heroin. The named defendants in the lawsuit included Charles Rosenberg (the Drug Enforcement Administration acting administrator) […]

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 […]

This Ain’t Your Daddy’s Pot a Question of Potency

By |June 22nd, 2017|

Hopefully you are as sick of reading that headline as I am. For years we’ve been hearing about how much stronger our pot is than it was in the 1960s and 1970s. It’s certainly true but how much stronger is it? First of all let me clear up an important aspect of this comparison. According […]

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 […]

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 […]