The Daily Hit: August 30, 2023
The Daily Hit is a recap of the top financial news stories for Aug. 30,
Cannabis News
Cannabis Retailers Stock Up and Staff Up for Labor Day 2023
As Labor Day weekend approaches, cannabis stores across the United States are preparing for a
Green Market Report Finance Awards: Top Lender Sweet Leaf Madison Capital
Florida-based Sweet Leaf Madison Capital has provided financial services to marijuana businesses since 2016. On
Braxia Scientific Revenues Rise, Along with Losses and Costs
The company acknowledged it needed additional funding to continue operations. Ketamine clinic company Braxia Scientific
Simply Better Brands Q2 Revenue Soars 40% Despite Net Loss
Simply Better Brands Corp. (TSX: SBBC) (OTCQB: PKANF) reported its second quarter financials ending June
Hawaii Psychedelics Task Force Holds First Meeting As Experts Plan For Legalization
A Hawaii psychedelics task force that was recently established under the governor’s office has held
Top Federal Health Agency Says Marijuana Should Be Moved To Schedule III In Historic Recommendation To DEA
The U.S. Department of Health and Human Services (HHS) is officially recommending that marijuana be
Connecticut Launches New Fund To Support Social Equity Marijuana Businesses
Connecticut officials are rolling out a new loan program aimed at supporting social equity marijuana
Federal Lawmakers Are Preparing To Reintroduce Legislation To Regulate Kratom Amid Pushback To FDA-Proposed Ban
As federal lawmakers prepare to reintroduce a bill to regulate kratom, a former Trump administration
Slightly higher times: Biden administration moves to loosen weed restrictions
The recommendation is the result of a yearlong review initiated by the president. The Biden