The Daily Hit is a recap of the top financial news stories for Wednesday, June 19, 2024. On the Site Massachusetts inspector general: State needs receiver to run cannabis regulatory agency The state’s inspector general found that the commission had been slipping further into dysfunction over the past two years. …

The Massachusetts Cannabis Control Commission is in such bad shape that lawmakers need to appoint a receiver to take the reins at the regulatory agency, the state inspector general wrote in a letter this week. Massachusetts Inspector General Jeffrey Shapiro called the commission “rudderless” in a press release announcing his …