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 […]

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 […]

Oregon’s Edibles

By |November 25th, 2016|

Licensed medical marijuana dispensries in Oregon can sell edibles, extracts and topicals under SB 1511.  Edibles are foods that contain marijuana, such as brownies. Extracts are concentrates processed from marijuana and used to make edibles. Extracts also can be smoked or vaporized.
The Oregon Health Authority recently issued temporary rules for early sales of recreational marijuana. Sales […]

Election 2016 Cannabis Ballot Issues

By |November 16th, 2016|

Upon the heels of Donald Trump’s election, four states approved retail adult use of cannabis and four approved medical marijuana use. That brings the total to 28 states with a legal cannabis industry.

California, Maine, Massachusetts and Nevada will join Colorado, Oregon, Washington, Alaska and the District of Columbia to offer cannabis for adult use. Arkansa, Floridas, Montana and North Dakota […]