Live Resin Concentrate on the Rise

By |May 10th, 2017|

With so many options for consumers to choose from in the concentrate category, why is live resin so popular? Wax and shatter seem to be on the decline when it comes to sales numbers. As consumers in legal states become more particular it is important for dispensaries to keep up with demand. To figure out […]

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 […]

MJ Blowing Up: Cannabis Investors Want In

By |January 25th, 2017|

Be it CBD, THC or hemp, the cannabis (MJ) industry is blowing up! If you think not, look at some of the latest information out of Colorado.

Colorado reported more than $486 million in medical and retail cannabis sales through May 2016. During that time, taxes and license fees totaled more than $71.4 million. Sales are expected to exceed $1 billion […]

Private Placement Memorandum

By |November 30th, 2016|

Private Placement Memorandum. PPM. I’m not talking about a business plan here.

A Private Placement Memorandum is a legal document provided to prospective investors when selling stock or another security in a business. It is also call an offering memorandum or offering document. It is a vehicle to secure financing.

A Business Plan is a formal statement of business goals, reasons […]

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 […]

MJ Blowing Up: Cannabis Investors Want In

By |October 31st, 2016|

Be it CBD, THC or hemp, the cannabis (MJ) industry is blowing up! If you think not, look at some of the latest information out of Colorado.

Colorado reported more than $486 million in medical and retail cannabis sales through May 2016. During that time, taxes and license fees totaled more than $71.4 million. Sales are expected to exceed $1 billion […]

November Ballot

By |October 17th, 2016|

This land is your land This land is my land
From California to the New York island;
From the red wood forest to the Gulf Stream waters
This land was made for you and Me.*

And this land will soon be seeing more states with legal and active marijuana, medical and adult, industries after this Fall’s election.

With Missouri down […]

Michigan Update

By |October 7th, 2016|

Michigan voters legalized medical marijuana in 2008. And law enforcement has been raiding dispensaries ever since.

Michigan’s Gov. Rick Snyder ® recently signed bills to establish medical cannabis industry rules and regulations. The bills establish a licensing system for MMJ businesses, legalize infused products and require a seed-to-sale tracking system.

“We can finally implement a solid framework that […]

Oregon Marijuana Tax Haul

By |August 22nd, 2016|

Recreational cannabis in Oregon is taxed at 25 percent. Through May 30, the Oregon Department of Revenue reported $14.9 million in recreational tax payments. State economists now expect tax revenue from recreational marijuana for 2016 to be about $43 million.

Mazen Malik, senior economist with the Office of Legislative Revenue, said he estimates the cost of regulating marijuana to be about […]