The Daily Hit is a recap of the top financial news stories for Aug. 30, 2023. On the Site Biden Administration Calls on DEA to Move Marijuana to Schedule 3 Marijuana rescheduling just got real. On Monday, the U.S. Department of Health and Human Services under the Joe Biden administration …

Marijuana rescheduling just got real. On Monday, the U.S. Department of Health and Human Services under the Joe Biden administration formally recommended to its peers at the Department of Justice that marijuana be moved lower on the list of federally controlled substances, from Schedule 1 to Schedule 3, Bloomberg reported …

Simply Better Brands Corp. (TSX: SBBC) (OTCQB: PKANF) reported its second quarter financials ending June 30, showing a 40% increase in revenue, reaching $23.6 million, as the company tries to invests in growing its brands and expanding its reach. The continued sales lift was due to the rising popularity of …

StateHouse Holdings Inc. (CSE: STHZ) (OTCQB: STHZF) reported its financial results for the second quarter ending June 30, showing slumping revenues as West Coast cannabis sales continue to contract. The California-based company’s net revenues for the period were $25.3 million, down versus the $34.6 million in the same period last …