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Inventory Costing: One of Cannabis’s Most Misunderstood and Financially Critical Business Processes

ByPot Shop News

August 6, 2025

[#item_full_content] By approaching inventory costing strategically—not just as a back-office task—cannabis businesses can strengthen tax compliance and operational efficiency, and support long-term growth. Read More

Author: Pot Shop News

ByPot Shop News

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Delaware marijuana sales top $900K in first weekend of recreational launch

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St. Louis County Council delays vote on bill to ban sale of Delta-8 THC outside dispensaries
by Laura Barczewski on August 6, 2025
Menominee residents vote to limit number of marijuana dispensaries in the city
by Mallory Allen, FOX 11 News on August 5, 2025
Since Michigan legalized recreational marijuana in 2018, more and more pot shops have been opening in Menominee.
Cannabis cultivation plant in Milford MA will shut down. How many jobs will be lost
by Caroline Bunnell on August 4, 2025
Ayr Wellness will close its cannabis cultivation facility in Milford, resulting in the loss of 157 jobs.
Norwalk police seize illegal THC products, nitrous oxide in smoke shop raid
by Pat Tomlinson on August 4, 2025
Police said they seized THC gummies, prerolled joints, loose marijuana and nitrous oxide during the raid.
Exclusive | Pot peddler forced to abruptly yank plan for NYC shop over latest...
by Carl Campanile on August 3, 2025
Albert Lea's 'The Smoking Tree' cannabis shop opens doors but with nothing to sell
by Kilat Fitzgerald on August 3, 2025
The Smoking Tree cannabis shop is open in Albert Lea, but supply regulations and licensing issues with the city are currently preventing cannabis products from being sold there.
Her Dispensary Was Set to Open. Then New York Got in the Way.
by Ashley Southall on August 2, 2025
State cannabis regulators suddenly changed a rule governing how close dispensaries can be to schools, upending dozens of owners’ plans.
Kentucky's first medical cannabis dispensary approved, expected to open this fall
by WDRB on August 2, 2025
Gov. Andy Beshear said it's another major step forward in making sure Kentuckians with serious medical conditions have access to the medicine they need.
'It's about time': Opening day for Delaware's legal weed sales draws crowds across state
by Shane Brennan on August 1, 2025
Dispensaries across Delaware welcomed recreational weed customers for the first time. We checked out what opening day looked like.
Delaware launches first wave of recreational marijuana retail dispensaries
by Sarah Petrowich on August 1, 2025
After two years of anticipation, Delaware’s recreational marijuana market launches its first wave of retail dispensaries.
Kentucky’s First Medical Marijuana Dispensary Has Been Approved For Operations, Governor Announces
by Tom Angell on August 1, 2025
The governor of Kentucky has announced that the state’s first medical cannabis dispensary has officially been approved for operations. “Great news, Kentucky—today, we approved the state’s first medical cannabis dispensary for operations in Beaver Dam,” Gov. Andy Beshear (D) said in a social media post on Thursday. “The Post Dispensary is expected to open its
Gov. Hochul vows no dispensary closures after cannabis law misstep jeopardizes 89 NYC businesses
by Adam Daly on August 1, 2025
Gov. Kathy Hochul is promising that 89 licensed cannabis dispensaries in New York City, and dozens more statewide, will not be forced to shut down after the
Map: See where you can legally buy marijuana in Minnesota
by Anna Sago on August 1, 2025
Wondering where you can purchase adult-use or medical cannabis in the North Star State? We’ve got you covered.
Cheaper cannabis: Missouri Supreme Court rules counties, cities can’t ‘stack’ taxes on marijuana sales
by Ceilidh Kern on August 1, 2025
Following the ruling, county marijuana sales taxes will only apply to dispensaries in unincorporated areas.
You can now buy legal weed in Delaware. Here are 5 things you need to know
by Shane Brennan on August 1, 2025
There are still regulations to how much you can buy at Delaware marijuana dispensaries.
New marijuana dispensary opening in downtown Cleveland
by Brian Koster on August 1, 2025
Klutch Cannabis is opening its brand new store in downtown Cleveland on Friday, August 1, at 10 A.M.
Kentucky approves first medical marijuana dispensary for operations. Here's where
by Killian Baarlaer on July 31, 2025
Gov. Andy Beshear said the medical marijuana dispensary should open in Fall 2025.
Beaver Dam opening Commonwealth’s first medical cannabis dispensary
by Jill Lyman,Emma Beck on July 31, 2025
“The Post Dispensary” will open their doors this fall in Beaver Dam.
Could your NY weed dispensary need to move? We mapped the shops in limbo.
by https://gothamist.com/staff/jon-campbell on July 31, 2025
State regulators have changed how they're applying a rule about how close dispensaries can be to schools.
Cannabis dispensaries prepare to close after state changes rules
by ny1.com on July 31, 2025
89 businesses in the city are now affected.

NY Head Cannabis Regulator Sends New Letter to Businesses Impacted by School Proximity Correction
on August 6, 2025 at 5:44 pm
Felicia Reid, the New York Office of Cannabis Management’s acting executive director, clarified next steps for impacted businesses.
Inventory Costing: One of Cannabis’s Most Misunderstood and Financially Critical Business Processes
on August 6, 2025 at 5:35 pm
By approaching inventory costing strategically—not just as a back-office task—cannabis businesses can strengthen tax compliance and operational efficiency, and support long-term growth.
Joint for Life: Alison Brie and Dave Franco Gave Weed to Their Wedding Guests
by Marian Venini on August 6, 2025 at 4:28 pm
Alison Brie & Dave Franco revealed they not only served pizza at their wedding but also offered cannabis to guests to help them "let loose and go crazy." The post Joint for Life: Alison Brie and Dave Franco Gave Weed to Their Wedding Guests first appeared on High Times.
Cannabis Is Being Grown Like It’s Bitcoin: That’s A Problem
by Rolando García on August 6, 2025 at 2:10 pm
Your weed might be grown indoors with massive energy use. Here’s why cannabis could be worse for the climate than crypto. The post Cannabis Is Being Grown Like It’s Bitcoin: That’s A Problem first appeared on High Times.
Trulieve Reports $302 Million in Q2 2025 Revenue
on August 6, 2025 at 12:53 pm
The multistate cannabis operator sold more than 12.5 million in branded products in the second quarter.
FLUENT CEO Resigns in Mutual Departure Agreement
on August 6, 2025 at 12:30 pm
Robert Beasley is resigning his positions as CEO and board director, as he and the cannabis company determined it is in the best interest of both parties.
Cultivating Compliance: Self-Reporting Incidents to Regulators
on August 6, 2025 at 11:49 am
When in doubt, disclose. Avoid adding severity to a compliance incident by being proactive and transparent.
Curaleaf Reports $315 Million in Q2 Revenue; Domestic Stabilization, Robust International Momentum
on August 6, 2025 at 8:51 am
The multinational cannabis operator also reported $41 million in international revenue for the second quarter; awarded a license in Turkey.
Green Thumb Industries Reports $293M in Q2 Revenue
on August 6, 2025 at 8:34 am
The multistate cannabis operator had $177 million in cash at the quarter’s end.
Upling Unveils AI-Powered Cannabis Genetics Tool to Revolutionize Patient Strain Selection
on August 6, 2025 at 8:12 am
The first-of-its-kind precision medicine tool leverages patient health data to optimize therapeutic cannabis use.
Delaware Reports $903K in Cannabis Sales on Opening Weekend
on August 6, 2025 at 6:42 am
The state’s three-day weekend total included roughly $625,000 in adult-use and $278,000 in medical sales at 14 retail locations.
Hemp Beverage Innovator HighBridge Signs East Coast Distribution Agreement
on August 6, 2025 at 6:25 am
The maker of hemp-derived, delta-9 infused beverages entered into the agreement with Opici Family Distribution.
Intimate New York Tasting Showcases PAX FLOW’s Next-Gen Flower Experience
by Kyle Rosner on August 5, 2025 at 6:01 pm
At an intimate New York dinner, cannabis insiders got the first taste of the new PAX FLOW, a flower vaporizer built for flavor, ease, and ritual. The post Intimate New York Tasting Showcases PAX FLOW’s Next-Gen Flower Experience first appeared on High Times.
Panama’s UN Ambassador Talks Weed: ‘We Produced An Allegedly Very Good Product’
by Sara Brittany Somerset on August 5, 2025 at 5:03 pm
At the U.N., Panama’s ambassador got candid about cannabis history, drug policy, and why he’s never set foot in a Broadway dispensary. The post Panama’s UN Ambassador Talks Weed: ‘We Produced An Allegedly Very Good Product’ first appeared on High Times.
Where Is Cannabis Consumption Allowed in Mexico City? New Spots, Same Rights
by Camila Berriex on August 5, 2025 at 5:02 pm
The Government of Mexico City (CDMX) officially announced the relocation of several tolerated public cannabis consumption spots. The post Where Is Cannabis Consumption Allowed in Mexico City? New Spots, Same Rights first appeared on High Times.
Canopy Growth Launches Cannabis Brand 7ACRES in Australia
on August 5, 2025 at 3:25 pm
The Canadian cannabis company’s launch complements its existing Tweed flower and Spectrum Therapeutics oil product portfolio.
Würk, National Crime Search Partner to Streamline Background Checks for Cannabis Industry
on August 5, 2025 at 2:20 pm
The new integration simplifies compliance and centralizes workforce data for highly regulated businesses.
From The Vault: TINA TURNER (1978)
by High Times Vault on August 5, 2025 at 10:00 am
During its heyday, the Ike and Tina Turner Revue was the raunchiest show on the rock ’n’ roll circuit. Veteran bluesman Ike Turner, goateed and glum, methodically pumped the neck of his electric axe while raspy-voiced wife Tina clawed at the air, snarled licentious come-ons, caressed her mike with two extended fingers and writhed in convulsions of raw, surging ecstasy. The post From The Vault: TINA TURNER (1978) first appeared on High Times.
New York Lawmaker Introduces Legislative Fix to Grandfather in Dispensary Locations
on August 5, 2025 at 7:46 am
The legislation aims to ensure that cannabis dispensaries that opened before the Office of Cannabis Management’s school proximity correction remain open.
Slovenia Aims Higher: Lawmakers Push for Adult-Use On Top of Medical Legalization
by Camila Berriex on August 4, 2025 at 6:51 pm
While Slovenia moves forward with a bill to legalize medical marijuana, some lawmakers believe that’s just the beginning. That’s why members of the Freedom Movement, The Left, and the Social Democrats are stepping on the gas, having introduced a new bill to legalize adult-use cannabis. The post Slovenia Aims Higher: Lawmakers Push for Adult-Use On Top of Medical Legalization first appeared on High Times.
‘Above The Influencer’: The Psychedelic Content Creators Pushing The Culture Forward
by Dennis Walker on August 4, 2025 at 4:28 pm
Journalist and podcaster Dennis Walker (@mycopreneur) delivers a definitive guide to the psychedelic content creators shaping culture — not in clinics or boardrooms, but online. From AI-powered DMT visuals to spores grown in sneakers, this list captures the weird, the wise, and the wildly influential. The post ‘Above The Influencer’: The Psychedelic Content Creators Pushing The Culture Forward first appeared on High Times.
Cookies Expands to Caribbean, Opening 1st Retail Store in Jamaica
on August 4, 2025 at 1:41 pm
The cannabis lifestyle brand’s new store in Montego Bay follows international growth in Europe and Asia.
Village Farms International Announces Expansion of Cultivation Capacity in Delta, British Columbia
on August 4, 2025 at 1:28 pm
The Canadian cannabis company will convert 550,000 square feet of its remaining greenhouse space to production.
15 Plant-Centric Tips for Commercial Cannabis Cultivation
on August 4, 2025 at 12:22 pm
Four commercial cultivators share their tips to grow more efficiently and effectively.
Glass House Brands Provides Updates to Recent ICE Raids at 2 Cannabis Cultivation Sites
on August 4, 2025 at 12:04 pm
Among roughly 360 people arrested or detained, only nine were Glass House employees, and none were minors, according to the company.

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New York marijuana regulators pause track-and-trace after software deal
by Chris Roberts on August 6, 2025
A new "strategic partnership" between Metrc and BioTrack, the country's two biggest compliance software providers, disrupted New York.
Blazing new trails: 13 Minnesota cities are considering municipal cannabis stores
by BRIAN AROLA/MinnPost on August 6, 2025
As some Minnesota cities fret over regulating newly legalized and normalized marijuana sales, others see an opportunity.
Hemp Beverage Innovator HighBridge Signs East Coast Distribution Agreement
by Posted by CBT Staff on August 6, 2025
The maker of hemp-derived, delta-9 infused beverages entered into the agreement with Opici Family Distribution.
Stockton's pot dispensary lottery goes up in smoke, only one store application OK'd
by Esteban Reynoso on August 6, 2025
NY Head Cannabis Regulator Sends New Letter to Businesses Impacted by School Proximity Correction
by Tony Lange on August 6, 2025
Felicia Reid, the New York Office of Cannabis Management’s acting executive director, clarified next steps for impacted businesses.
Cannabis Company to Sell Ohio Dispensaries, Including Niles
by Staff on August 6, 2025
A Miami-based cannabis company plans to sell off its operations in six states, including a dispensary it opened in Niles earlier this year.
Slightly Stoopid Lights Cannabis Joint With Laser At Texas Concert As Lawmakers Debate Hemp Ban
by Kyle Jaeger on August 6, 2025
As Texas GOP lawmakers remain laser-focused on passing a bill to restrict hemp sales during a special legislative session, Kyle McDonald of the band Slightly Stoopid recently had a laser of his own focused on a different objective: Lighting a joint on stage with the beam of a powerful device during a set the band
Cannabis Takes Flight At The California State Fair
by Andrew DeAngelo on August 6, 2025
The Cannabis Oasis and Awards at the 2025 California State Fair had over 50,000 square feet of marijuana exhibits, a dispensary, and consumption areas for adults.

Inventory Costing: One of Cannabis’s Most Misunderstood and Financially Critical Business Processes

ByPot Shop News

Author: Pot Shop News

ByPot Shop News

Related Post

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