The Daily Hit is a recap of the top financial news stories for Monday, June 3, 2024. On the Site Rescheduling, 280E tax reform, and Trulieve: How the cannabis industry could be poised to save billions Although it’s now widely accepted that the ongoing marijuana rescheduling process by the Drug …

Florida Gov. Ron DeSantis reportedly plans to veto a bill that would ban consumable hemp-derived products, such as delta-8 THC, according to sources close to the governor who spoke to CBS News Miami. Such a move could bolster the state’s hemp industry while simultaneously undermining a marijuana legalization initiative set …

A three-member panel for the District of Columbia Circuit denied enforcement of part of the National Labor Relations Board‘s decision about Curaleaf Holding’s (OTC: CURLF) Arizona dispensary. The decision stemmed from the firing of worker Anissa Keane, who was a union organizer at a cannabis dispensary. However, the panel did …

Canadian cannabis edibles maker Indiva Limited (TSX: NDVA) has launched a review to weigh potential moves aimed at “maximizing shareholder value,” as the company continues to deal with a tight field and a burdensome debt load. The London, Ontario-based company said Monday that it has tapped a financial advisor to help …