Colorado Marijuana Sales Stay Consistent from Q4 to Q1

By |July 21st, 2017|

Marijuana sales Q4 FY2016 to Q1 FY2017
Colorado has recently reported $500,000,000 in tax revenue collected since 2014. That equates to $17,241,379,310 in marijuana sales. This has investors and potential owners drooling. We have calculated the quarterly sales between quarter four of fiscal year 2016 as well as quarter one of fiscal year 2017 from 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 […]

Greece Legalizes Medical Marijuana Opening the Door for Cannabusiness

By |July 13th, 2017|

Last week Greece legalized marijuana for medicinal use. The current Prime Minister Alexia Tsipras has opened the door for medical cannabis businesses to start planning. Just like any business owner it is important that Greek purveyors have the proper business plan and start-up capital. Potential business owners must first decide the scope of their business […]

Update on I-300 The Social Use Initiative

By |July 2nd, 2017|

There is an update on Initiative 300, the social use initiative in Denver, CO. The release of a zoning map has brought up some concerns with Colorado pot activists. Another concern is the $2000 application fee that may or may not get you started on the licensing process. If you read the previous blog on […]

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 […]

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 […]

Cops Use Marijuana Tax for DUI Training in Colorado

By |June 15th, 2017|

The local Colorado police forces use tax revenue from marijuana for stoned driver identification training. That’s correct the cops are taking money from marijuana consumers and subsequently using it to lock those same consumers up. DUI numbers for marijuana are rising by the day in legal states. Colorado police used $1,168,000 of marijuana tax in […]

How Will Social Consumption be Defined?

By |May 25th, 2017|

What is social consumption and how should it be safely managed? Is social consumption a complete open display, for example smoking a blunt on a street corner? Is social consumption vaping only in a private club while under a blanket in a room with no windows? Responsible social consumption falls somewhere between these two extremes. […]

Tax Check List

By |March 31st, 2017|

As December 31 fades in the rearview mirror and another year appears in the headlights, it’s time to think ahead to 2017 Tax Season. The Tax Man will be here sooner than you think.

While reviewing year-end financials, keep these things in mind:
Cash
Count your cash

When thinking of the cannabis industry, one thinks of cash. And lots of it, […]

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By |March 15th, 2017|

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Want to establish or expand a cannabis cultivation, grow, dispensary, extraction or retail business? Let Pinnacle Consultation help with your business plan, site location, financial projections, operational plans, licensing assistance and state and local compliance visits. Pinnacle Consultation has an experienced and knowledgeable team ready to help […]