Anti-Marijuana Group Wants Michigan Marijuana Legalization

By |June 4th, 2018|

It’s the legislature’s move, says the Committee to Keep Pot out of Neighborhoods and Schools. Michigan marijuana legalization is on the ballot and ready to go to voters in November. But the Michigan group has been a staunch opponent of marijuana in the state. Now, they’ve switched their tune and are willing to go for […]

Recreational Marijuana Law Takes Hold in Maine – Governor Overridden

By |May 21st, 2018|

Maine can’t say the Governor didn’t try. The recreational marijuana market is now officially law. It is slated to launch possibly by 2019, but most likely by 2020. Gov. Paul LePage had previously vetoed the proposed cannabis bill. But the second time around, on May 2nd, lawmakers in the state opted to override the governor.

Back […]

420 Ready?

By |April 19th, 2018|

It’s almost here. To some, it is the ultimate marijuana meet-up of the year. To others, just another Friday. This day in question is of course, April 20th, known more commonly as 420. According to marijuana sales records collected by the Colorado Department of Revenue, exponential growth continues every year. Retail sales alone from the month of April grew […]

Be a Better Dispensary Manager

By |April 9th, 2018|

How do you know as a dispensary manager if your store is successful? You’re open during normal business hours and you have a steady flow of customers. You also sell enough product to warrant ordering more. But all of these business essentials give you only an anecdotal assessment. Determining actual level of success requires a […]

Selling Marijuana Legally

By |March 27th, 2018|

Compliance starts and ends with identification.
Checking a customer’s I.D. seems pretty straightforward: a quick look at the birthday to be sure they’re 21 or older, and they’re good to go. Not so fast. How do you know whether the I.D. is recognized by the Marijuana Enforcement Division (MED)? How do you know you are staying legal […]

You’re Safe for Now from Sessions

By |March 14th, 2018|

The Federal Government announced on Saturday that they won’t take on small-time marijuana cases. Attorney General Jeff Sessions said this decision stands even though the Justice Department recently lifted policy speaking to the contrary. Authorities didn’t pursue cases in states that had legalized marijuana during the Obama years.

The marijuana industry clearly recalls that back in […]

California Cannabis Tax: At What Expense?

By |March 8th, 2018|

Recreational marijuana sales officially began January 1st in the state of California. With a market as big as California, marijuana tax revenue potential is extremely high, like beer sales level high. A recent state of the industry report performed by BDS Analytics estimates by the end of 2018, cannabis sales will reach $3.7 billion. Then […]

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 […]