Cannabis in Canada and U.S.: Who Will Win the Race?

Cannabis in Canada and the U.S. is going strong. The race is on. But, who will win the marijuana melee? Canada or the United States? Although the two countries are vastly different in size, it isn’t necessarily clear-cut as to who will eventually lead the industry. Consider this: The four biggest cannabis companies (with valuation […]

Cannabis Midterms = November Wins

Last week’s cannabis midterms made history in some states. Here’s a look at what passed:
MICHIGAN
First off, adult-use legalization was approved. Proposition 1 passed 56-44 percent. Michigan is now the tenth state to legalize for adult-use. Now, residents of the state can possess 2.5 ounces and can grow up to 12 plants in their own home. […]

By |November 13th, 2018|Marijuana Ballot Issues|0 Comments

Colorado Marijuana Report Card

The state of Colorado marijuana. Recently, the Department of Public Safety released a report on marijuana’s impact in the state. General findings appear to be positive, with a few trouble spots.

According to the report, there has been a significant drop in arrests “since recreational sales began in 2014.” This is mostly attributed to the decline in […]

By |November 5th, 2018|Recreational Marijuana|0 Comments

Marijuana Grows are Failing

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, […]

By |October 29th, 2018|Cultivation|0 Comments

How Much Does it Cost to Open a Dispensary?

One of the most commonly asked questions we get here at Pinnacle Consultation is, “How much does it cost to open a dispensary?” Well, it depends – on your intended focus, location, size, etc. The answer though is not clear-cut, but below we’ll delve into it and help you get exactly the info you need […]

Oklahoma Medical Marijuana Booming

As of October 1st, Oklahoma medical marijuana has gone full speed ahead. The state has already received a considerable amount of revenue from registration fees. Here are a few of those figures:

Patient registration fee: $501,100 for 5,011 applicants

Medicaid patient registration fee: $46,140 for 2,307 applicants

Temporary patient registration fee (valid for 30 days): $1,100 for 11 applicants

Grower […]

The Changing Colorado Marijuana Code

The Colorado General Assembly modified several cannabis-related bills. From vertical integration, marijuana waste, product sampling to marijuana storage, the Colorado marijuana code is on the move. Read on to see what’s changing.
So Long Required Vertical Integration
Medical marijuana businesses can now choose to vertically integrate or not. To many cannabusiness owners, this comes as positive news. […]

Cannabis Market Update Across the Country

A number of states across the country have either recently passed their marijuana legalization or have made significant changes to their regulations. Let’s take a look at a few noteworthy happenings in the cannabis market.
CALIFORNIA
The Governor of California recently signed a bill that lets cities issue temporary marijuana event permits at any venue. Jerry Brown’s […]

By |October 2nd, 2018|Cannabusiness|0 Comments

Selling Excess Marijuana Across State Lines?

Marijuana overproduction in Oregon is hardly breaking news. We’ve covered it ourselves a number of times in the Pinnacle blog. Oregon is producing so much excess marijuana, that it is about three times more that it can consume. This overproduction has resulted in rotting marijuana and low-ball prices in the state. At this stage, there aren’t […]

By |September 24th, 2018|Cultivation|0 Comments

CO’s Costly Marijuana Pesticide Testing

The Colorado Marijuana Enforcement Division (MED) requires a lot of marijuana pesticide testing. The MED requires multiple testing on all marijuana flower and trim (but not concentrates). This results in redundancy and higher costs.

New marijuana pesticide testing in Colorado officially began Aug. 1. But cultivators have been busy contending with product gluts and falling wholesale prices. […]