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4 Critical Tax And Accounting Considerations For Cannabis And Hemp Contract Manufacturing Arrangements

ByPot Shop News

August 18, 2025

[#item_full_content] Expanding through contract manufacturing opens opportunities for your cannabis or hemp brand — but also brings complex financial and regulatory challenges. 4 Critical Tax And Accounting Considerations For Cannabis And Hemp Contract Manufacturing Arrangements Read More

Author: Pot Shop News

ByPot Shop News

Daily News Hits

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by Mary Frances McGowan, cleveland.com on August 17, 2025
Industry experts cite success despite regulatory challenges and competition from neighboring Michigan's more relaxed market.
Utica is now home to one of few cannabis consumption lounges in Michigan. Why it's rare
by Adrienne Roberts on August 16, 2025
The cannabis consumption lounge Burn1, and an adjacent marijuana retail store Bowdega, opened on Aug. 8 in what used to be a Red Ox Tavern.
Marijuana shops sue New York after they were allowed to open too close to schools
by ABC News on August 15, 2025
A group of marijuana dispensaries in New York have sued the state after cannabis regulators admitted that they accidentally allowed pot shops to open too close to schools, putting the future of the businesses in jeopardy
Marijuana Shops Sue New York After They Were Allowed to Open Too Close to Schools
by Associated Press on August 15, 2025
ALBANY, N.Y. (AP) — A group of marijuana dispensaries in New York sued the state on Friday after cannabis regulators admitted they accidentally allowed pot shops to open too close to schools, putting the future of the businesses in jeopardy. The lawsuit asks a state Supreme Court judge in Albany to ...
NY Weed Dispensaries Sue Regulators Over Misinterpretation of State Rules
by Taylor Robinson on August 15, 2025
Last month, dozens of cannabis businesses were told they were located too close to schools after state officials realized they had misinterpreted regulations.
‘It’s something that’s here now’: Once banned, second pot shop takes root in Arlington Heights
by Christopher Placek on August 15, 2025
A second marijuana dispensary quietly has opened in Arlington Heights, years after controversy and debate about whether to allow the first one to do business in town. Longtime Mayor Tom Hayes was outr...
Klutch Cannabis Announces Grand Opening of Fifth Marijuana Dispensary in Northfield Village across from MGM Casino and Racetrack
by Klutch Cannabis on August 15, 2025
/PRNewswire/ -- Klutch Cannabis, one of Ohio's leading vertically integrated cannabis companies, is proud to announce the grand opening of its newest...
How far should marijuana dispensaries be from schools? Ann Arbor revisiting question
by Ryan Stanton | ryanstanton@mlive.com on August 15, 2025
Regulatory barriers impacting Ann Arbor marijuana business are getting a closer look.
Newly Posted Texas Medical Marijuana Rules Will Let Doctors Recommend New Qualifying Conditions For Patients
by Kyle Jaeger on August 15, 2025
Texas officials are taking another step toward implementing a law to significantly expand the state’s medical marijuana program—posting a draft of proposed rules to let physicians recommend new qualifying conditions for cannabis and create standards for allowable inhalation devices. The state Health and Human Services Commission is set to formally file the proposed rules next
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by NORML on August 14, 2025
WaPo analysis finds 30% lower death rates
Los Angeles City Hall puts weed shops on the ropes
by The Editorial Board on August 14, 2025
Are city of Los Angeles officials trying to clear a new high bar of misunderstanding what it is to be a local business sector enduring severe financial malaise?
New York let pot shops open too close to schools. Now they might have to move
by Anthony Izaguirre l The Associated Press on August 14, 2025
Since New York began licensing recreational marijuana stores about three years ago, the state has been using a simple tactic to ensure pot shops are kept a legally-mandated distance from local schools: Measure from the door of the dispensary to the door of the school. But officials recently made a startling admission: They’d misread the law and had been measuring incorrectly the…
New York allowed pot shops to open too close to schools. Now they might have to move
by KTAR.com on August 14, 2025
New York’s legal marijuana agency allowed dozens of cannabis dispensaries to open too close to schools after regulators misread state law and are now pushing for a legislative fix to prevent the pot shops from having to relocate.
New York Allowed Pot Shops to Open Too Close to Schools. Now They Might Have to Move
by Associated Press on August 14, 2025
Since New York began licensing recreational marijuana stores about three years ago, the state has been using a simple tactic to ensure pot shops are kept a legally-mandated distance from local schools: Measure from the door of the dispensary to the door of the school. But officials recently made a ...
Trump administration eyeing federal marijuana reclassification: Change could impact Ohio cannabis market, research
by Sydney Dawes on August 14, 2025
The Trump administration said it would consider reclassifying marijuana on the federal level.
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Donald Andrews Jr. faces 2 to 6 years of incarceration after crashing his Tesla last year near Crossgates Mall.
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by , The Courier-Journal on August 12, 2025
President Trump is considering the reclassification of cannabis. Learn about Kentucky's medical marijuana program.
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by Don Cazentre | dcazentre@nyup.com on August 12, 2025
The Dank Bank by the Budd Boyz will operate in a former bank branch in DeWitt.

12 New York Cannabis Businesses Sue State Over School Proximity Fiasco
on August 18, 2025 at 5:05 pm
The businesses, including Conbud and Housing Works, argue that the Office of Cannabis Management changed policy without a formal rulemaking process.
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The new leaders will be responsible for driving portfolio growth, operational improvements and market expansion across the U.S.
The Cannabist Co. Divests Dispensary Footprint in Pennsylvania
on August 18, 2025 at 1:24 pm
The sale, involving three medical cannabis dispensaries, repositions the company’s wholesale strategy in the commonwealth.
From The Vault: The HIGH TIMES interview Allen Ginsberg (1992)
by High Times Vault on August 18, 2025 at 5:00 am
Count Beat poet Allen Ginsberg among the nation’s first hemp activists. After his seminal poem Howl thrust him into the national spotlight in 1956, Ginsberg began speaking out in favor of marijuana-law reform, gay rights and a myriad of other causes close to his heart. The post From The Vault: The HIGH TIMES interview Allen Ginsberg (1992) first appeared on High Times.
High Times Strains Of The Month: August 2025
by Jimi Devine on August 17, 2025 at 4:11 pm
Jimi Devine’s August picks are all killer. No filler. From PINK DIRT’s candy-gas punch to Zunicorn’s dreamy Z terps, these strains prove great genetics and craft growers still run the game. The post High Times Strains Of The Month: August 2025 first appeared on High Times.
Revelry NYC 2025: Inside New York’s Cannabis Culture & Industry Festival
by Kyle Rosner on August 16, 2025 at 4:53 pm
In just a few short years, Revelry NYC has become the cannabis event where New York’s culture, commerce, and community converge. This year, it’s taking over Pier 36 in Manhattan on September 12–13, 2025, and according to co-founder Lulu Tsui, it’s bigger, more inclusive, and more dialed-in than ever. As the Chief Experience Officer for The post Revelry NYC 2025: Inside New York’s Cannabis Culture & Industry Festival first appeared on High Times.
High Times Was The Most Influential Publication Of My Life
by James Loud on August 16, 2025 at 4:01 pm
James Loud revisits the raw roots of cannabis culture and the magazine that captured it: “We were in it for the high, for the relief, and for the connection.” The post High Times Was The Most Influential Publication Of My Life first appeared on High Times.
Book Review: The Traveling Cannabis Writer’s Guide to America’s Hidden Gems
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We read Veronica Castillo’s Cannabis Legacy Chronicles and loved it. A heartfelt six-year journey through cannabis culture and equity. The post Book Review: The Traveling Cannabis Writer’s Guide to America’s Hidden Gems first appeared on High Times.
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on August 15, 2025 at 5:11 pm
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by Javier Hasse on August 15, 2025 at 2:52 pm
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Klutch Cannabis Opening 5th Ohio Dispensary in Northfield
on August 15, 2025 at 6:03 am
The company’s new retail facility, located across from the MGM Casino and Racetrack, will officially open on Aug. 21.
From The Vault: DEAL for REAL (1978)
by High Times Vault on August 15, 2025 at 5:00 am
Wisdom well-stated remains valuable long after its author has turned stupid. In the case of Timothy Leary, a legacy remains that is still worth exhuming. In 1968, when Leary was still the High Priest of Acid and not yet a federal informer, he penned an article titled “Deal for Real,” setting forth brilliantly the ethics and spiritual rewards of righteous dope dealing. The post From The Vault: DEAL for REAL (1978) first appeared on High Times.
[Video] Jason Silva Shows How Cannabis Turns The Everyday Into Art
by Javier Hasse on August 14, 2025 at 8:20 pm
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Cannabis Isn’t The Problem—How We Use It Might Be: What Happens When You Smoke So Much Weed It Makes You Sick
by Rick Pescatore on August 14, 2025 at 4:17 pm
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Cresco Labs Closes $325 Million Senior Secured Term Loan Refinancing
on August 14, 2025 at 2:43 pm
The transaction extends the loan’s maturity to 2030, strengthening the company’s balance sheet and positioning it for growth.
High Tide to Become Major Player in German Medical Cannabis Market Through €27.2 Million Acquisition
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The Canadian cannabis company signed an agreement to acquire a majority stake in Remexian Pharma GmbH.
Tilray Brands Reconfirms Strategy to Regain Nasdaq Compliance
on August 14, 2025 at 2:08 pm
The Canadian cannabis company requested an extension to meet Nasdaq listing requirements as it considers a reverse stock split.
Glass House Expects Hit to Revenue, Profitability Following ICE Raids
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The Southern California cannabis cultivator is scaling back production amid a reduced workforce but expects a fourth-quarter rebound.
Japanese Rebellion: 7 Years in Prison for Smoking Weed… and They Do It Anyway
by Marian Venini on August 13, 2025 at 5:22 pm
Neither strict regulations nor public shaming seem to have deterred part of Japan's population from using cannabis. Quite the contrary: arrests related to the plant have been increasing in recent years. The post Japanese Rebellion: 7 Years in Prison for Smoking Weed… and They Do It Anyway first appeared on High Times.
Texas Governor Plans to Call 2nd Executive Session for Unfinished Business, Including Hemp
on August 13, 2025 at 1:03 pm
Gov. Greg Abbott said if House Democrats continue to break quorum, he’ll just call another executive session with the exact same agenda.
Tilray Medical Forms Strategic Partnership in Italy to Broaden Access to Cannabis Extracts
on August 13, 2025 at 11:47 am
Tilray’s FL Group teamed up with Molteni, a major pharmaceutical firm focused on pain and substance dependence therapies.
Federal Court Rules New York’s Social Equity Dispensary Licenses Unconstitutional
on August 13, 2025 at 8:08 am
The U.S. Court of Appeals for the Second Circuit ruled that New York’s protectionist measure favoring in-state applicants collides with the Constitution.
US Congressman Vows to File 1-to-3 Act to Reschedule Cannabis
on August 12, 2025 at 5:50 pm
Republican Rep. Greg Steube said he will reintroduce legislation to move cannabis to Schedule III on the heels of Trump’s public comments.
Aurora Ignites Global Expansion With Whistler Cannabis Co. Brand Debut in Australia
on August 12, 2025 at 3:02 pm
Canada's largest medical cannabis company is launching two high-potency cultivars, expanding patient choice in Australia.
High Tide Provides Corporate Updates
on August 12, 2025 at 2:51 pm
The Canadian cannabis company provided updates on Germany, an executive appointment, a base shelf prospectus and more.

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Amid business failures, Michigan weed sales rose more than 5% in July
by https://www.facebook.com/* on August 18, 2025
Despite sustained falling prices, Michigan’s legal market sales increased in July.
Twin Acres Estates Grows Its Footprint: Family-Run Cannabis Shop Blooms in Holland Patent
by Zach Lewis on August 18, 2025
Twin Acres Estates, Inc., a family-owned cannabis dispensary, has opened its doors on Thompson Road in Hollland Patent.
Washington cannabis sales falling for 5th straight year
by NonStop Local Tri-Cities/Yakima on August 18, 2025
Sales of cannabis in the state of Washington are down for the 5th consecutive year.
Manchester men jailed after smuggling £9m worth of cannabis into NI
by bbc.com on August 18, 2025
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Washington Adult-Use Cannabis Sales Decline for Fifth Straight Year
by @ganjapreneur on August 18, 2025
Adult-use cannabis sales in Washington state have been falling for five years, according to Department of Revenue data reported by KHQ.
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Massachusetts Auditor Diana DiZoglio last week released an audit of the state’s Cannabis Control Commission (CCC), claiming to have uncovered violations and
Home sold to HS2 turned into cannabis farm
by Tom McArdle on August 18, 2025
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4 Critical Tax And Accounting Considerations For Cannabis And Hemp Contract Manufacturing Arrangements

ByPot Shop News

Author: Pot Shop News

ByPot Shop News

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