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  • House Passes Farm Bill Targeting Intoxicating Hemp, Senate Up Next | TTB Presented by Flowhub
    2026/05/04
    In our latest Trade To Black podcast presented by Flowhub, hosts Shadd Dales and Anthony Varrell welcome in Michael Bronstein, President of the American Trade Association for Cannabis & Hemp, to walk through a very busy stretch for cannabis and hemp policy.First up is the Farm Bill. The House has passed its version, and inside the bill is language that could seriously change the hemp market. The proposal targets intoxicating hemp products like Delta-8, THCA, and synthetic cannabinoids by tightening the definition of what hemp can be.Now the bill heads to the Senate, where the debate gets even more important. Senator Rand Paul is one of the key names to watch as lawmakers decide whether this hemp language stays, changes, or gets challenged.Plus the latest on cannabis rescheduling. Medical cannabis has officially moved to Schedule III, and the DEA has set a June 29 hearing to look at whether marijuana as a whole should follow. That opens the door for a major debate over what the federal framework looks like from here.They also get into Virginia’s adult-use deadline and the latest uncertainty around Pennsylvania legalization.#TradeToBlack #CannabisNews #HempPolicy #FarmBill #CannabisRescheduling #DEA #CannabisInvesting #CannabisReform #HempIndustry #MichaelBronsteinWant to see last week's recap?🎬 • From Policy To Execution: Cannabis Turns T... Want to see more Cannabis Reform?🎬 • Congress Tries To Slow Cannabis Reform | T... 🎬 • DEA Moves On HHC — What It Means | TDR Can... 🎬 • DOJ Signals Shift On Cannabis & Firearms |... 🎬 • Cannabis + Psychedelics: What Just Changed... Want to stay updated on Cannabis, Small Cap, AI, and Crypto?Subscribe to our Daily Baked newsletter:https://newsletter.thedalesreport.com...Find us on social media and podcast platforms:✅ Facebook: / thedalesreport ✅ Twitter: / thedalesreport ✅ Instagram: / dalesreport ✅ LinkedIn: / the-dales-report Apple Podcasts: https://tinyurl.com/TDRTradetoBlackon...Spotify: https://tinyurl.com/TDRTradeToBlackon...Website: https://thedalesreport.com/For copyright matters, contact:sdales@thedalesreport.comPodcast Disclaimer (Financial Interests)The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of any company, organization, or employer. The content is provided for informational and entertainment purposes only and should not be taken as financial, investment, or legal advice.The hosts and/or guests may hold positions in the companies, stocks, or financial instruments discussed during the show. These holdings should not be considered endorsements or recommendations to buy or sell any securities. Listeners are encouraged to do their own research or consult with a qualified financial advisor before making any investment decisions.By listening to this podcast, you agree that the hosts, guests, and producers are not liable for any decisions made based on the information discussed.Full Disclosures: https://thedalesreport.com/website-te...
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    51 分
  • Avicanna Executive Team On U.S. Rescheduling Opportunity
    2026/05/04
    In our latest Trade To Black podcast presented by Flowhub, host Shadd Dales sits down with Avicanna (TSX:AVCN / OTCQX:AVCNF) CEO Aras Azadian and Dr. Karolina Urban, Executive Vice President of Scientific and Medical Affairs, to talk about what U.S. cannabis rescheduling could mean for cannabinoid-based medicine.With the DOJ and DEA now moving certain cannabinoid products into a Schedule III framework, the big question becomes simple:Which companies are actually ready for a more pharmaceutical, evidence-based model?Avicanna (TSX:AVCN / OTCQX:AVCNF) has spent years building around clinical research, real-world evidence, standardized formulations, intellectual property, and medical cannabis care models. In this interview, Aras and Dr. Urban explain why that matters now, especially as U.S. regulators begin looking more seriously at FDA pathways, clinical trials, dosing, safety, reproducibility, and physician-guided treatment.The conversation also covers Avicanna’s chronic pain research, its rapid-onset delivery platform, MyMedi.ca, pharmacist-led support, international medical cannabis opportunities, and the company’s upcoming clinical symposium in Toronto.This isn’t just about cannabis moving to Schedule III.It’s about what comes next—and which companies are actually built for the medical and pharmaceutical side of the industry.#Avicanna #AVCN #CannabisNews #MedicalCannabis #CannabisRescheduling #CannabinoidMedicine #Biotech #TradeToBlack #Flowhub #CannabisInvestingWant to see more Cannabis Reform?🎬 • Congress Tries To Slow Cannabis Reform | T... 🎬 • DEA Moves On HHC — What It Means | TDR Can... 🎬 • DOJ Signals Shift On Cannabis & Firearms |... 🎬 • Cannabis + Psychedelics: What Just Changed... Want to stay updated on Cannabis, Small Cap, AI, and Crypto?Subscribe to our Daily Baked newsletter:https://newsletter.thedalesreport.com...Find us on social media and podcast platforms:✅ Facebook: / thedalesreport ✅ Twitter: / thedalesreport ✅ Instagram: / dalesreport ✅ LinkedIn: / the-dales-report Apple Podcasts: https://tinyurl.com/TDRTradetoBlackon...Spotify: https://tinyurl.com/TDRTradeToBlackon...Website: https://thedalesreport.com/For copyright matters, contact:sdales@thedalesreport.comPodcast Disclaimer (Financial Interests)The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of any company, organization, or employer. The content is provided for informational and entertainment purposes only and should not be taken as financial, investment, or legal advice.The hosts and/or guests may hold positions in the companies, stocks, or financial instruments discussed during the show. These holdings should not be considered endorsements or recommendations to buy or sell any securities. Listeners are encouraged to do their own research or consult with a qualified financial advisor before making any investment decisions.By listening to this podcast, you agree that the hosts, guests, and producers are not liable for any decisions made based on the information discussed.Full Disclosures: https://thedalesreport.com/website-te...
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    37 分
  • From Policy To Execution: Cannabis Turns The Corner | TTB Weekly Recap
    2026/05/03
    In this week’s Trade To Black Weekly Recap presented by FRE Pouch, Shadd Dales breaks down the shift from cannabis policy to real-world execution.The DEA has officially opened its registration portal for medical cannabis operators—meaning companies now have a 60-day window to apply for federal recognition. This follows last week’s move to Schedule III and marks the first real step in turning policy into action.From a financial standpoint, the biggest impact is 280E. For years, operators have been taxed at extreme rates, limiting profitability and growth. That now starts to unwind on the medical side—and for major U.S. operators, that changes everything.We also break down how companies are positioned:Trulieve Cannabis Corp. — over $1B in revenue, strong cash flow, positioned to benefit from tax reliefGreen Thumb Industries Inc. — $150M buyback signals confidence in undervaluationCuraleaf Holdings Inc. — expanding globally with full control of German operationsVerano Holdings Corp. — stable quarter and debt refinancingSNDL Inc. — weaker quarter, but $200M+ cash and no debtVireo Growth Inc. — expanding into Florida with FLUENT acquisitionGlass House Brands Inc. — strong production, margins under pressureOn the business side:We also touch on growing momentum in North Carolina and what federal rescheduling means for state-level legalization.This is where the industry starts to separate—execution now matters.#CannabisStocks #CannabisNews #TradeToBlack #FREPouch #280E #DEA #CannabisRescheduling #MSO #Investing #CannabisIndustryWant to see more Cannabis Reform?🎬 • Congress Tries To Slow Cannabis Reform | T... 🎬 • DEA Moves On HHC — What It Means | TDR Can... 🎬 • DOJ Signals Shift On Cannabis & Firearms |... 🎬 • Cannabis + Psychedelics: What Just Changed... Want to stay updated on Cannabis, Small Cap, AI, and Crypto?Subscribe to our Daily Baked newsletter:https://newsletter.thedalesreport.com...Find us on social media and podcast platforms:✅ Facebook: / thedalesreport ✅ Twitter: / thedalesreport ✅ Instagram: / dalesreport ✅ LinkedIn: / the-dales-report Apple Podcasts: https://tinyurl.com/TDRTradetoBlackon...Spotify: https://tinyurl.com/TDRTradeToBlackon...Website: https://thedalesreport.com/For copyright matters, contact:sdales@thedalesreport.comPodcast Disclaimer (Financial Interests)The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of any company, organization, or employer. The content is provided for informational and entertainment purposes only and should not be taken as financial, investment, or legal advice.The hosts and/or guests may hold positions in the companies, stocks, or financial instruments discussed during the show. These holdings should not be considered endorsements or recommendations to buy or sell any securities. Listeners are encouraged to do their own research or consult with a qualified financial advisor before making any investment decisions.By listening to this podcast, you agree that the hosts, guests, and producers are not liable for any decisions made based on the information discussed.Full Disclosures: https://thedalesreport.com/website-te...
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    9 分
  • Congress Tries To Slow Cannabis Reform | TDR Cannabis in 5
    2026/05/02
    In the latest TDR Cannabis in Five presented by Flowhub, Shadd Dales breaks down a new development out of Washington—and why it’s raising eyebrows across the cannabis industry.According to reporting from Marijuana Moment, a GOP-led House appropriations subcommittee has advanced a spending bill that would block federal funds from being used to reschedule or deschedule marijuana.So in simple terms—an attempt to slow down the process that’s already underway.Because here’s where it gets confusing…The Trump administration has already moved on this. The DOJ has acted. The DEA process is open.So what exactly is being stopped?In this episode, we break down:What the proposed language actually doesWhy it doesn’t line up with where things are headingThe contradiction between supporting state programs but blocking federal recognitionAnd what this means from an investor standpointThis likely doesn’t change the end result.But it does show you there’s still pushback—even now.#CannabisNews #CannabisPolicy #Rescheduling #ScheduleIII #WashingtonDC #TradeToBlack #Flowhub #CannabisIndustry #Investing #FederalPolicyWant to see more Cannabis Reform?🎬 • DEA Moves On HHC — What It Means | TDR Can... 🎬 • DOJ Signals Shift On Cannabis & Firearms |... 🎬 • Cannabis + Psychedelics: What Just Changed... 🎬 • White House Says Cannabis Is Popular | TDR... Want to stay updated on Cannabis, Small Cap, AI, and Crypto?Subscribe to our Daily Baked newsletter:https://newsletter.thedalesreport.com...Find us on social media and podcast platforms:✅ Facebook: / thedalesreport ✅ Twitter: / thedalesreport ✅ Instagram: / dalesreport ✅ LinkedIn: / the-dales-report Apple Podcasts: https://tinyurl.com/TDRTradetoBlackon...Spotify: https://tinyurl.com/TDRTradeToBlackon...Website: https://thedalesreport.com/For copyright matters, contact:sdales@thedalesreport.comPodcast Disclaimer (Financial Interests)The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of any company, organization, or employer. The content is provided for informational and entertainment purposes only and should not be taken as financial, investment, or legal advice.The hosts and/or guests may hold positions in the companies, stocks, or financial instruments discussed during the show. These holdings should not be considered endorsements or recommendations to buy or sell any securities. Listeners are encouraged to do their own research or consult with a qualified financial advisor before making any investment decisions.By listening to this podcast, you agree that the hosts, guests, and producers are not liable for any decisions made based on the information discussed.Full Disclosures: https://thedalesreport.com/website-te...
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    6 分
  • DEA Moves On HHC — What It Means | TDR Cannabis in 5
    2026/05/01
    In the latest TDR Cannabis in Five presented by Flowhub, Shadd Dales breaks down a major move from the DEA—and what it means for the future of hemp-derived THC products.The DEA has now officially classified HHC (hexahydrocannabinol) as a Schedule I substance.That’s a big deal.Because this isn’t just about one compound—it’s about what comes next.For years, the hemp market has operated in a gray area following the 2018 Farm Bill. That opened the door for products like delta-8, delta-10, and HHC—created through chemical conversion and sold widely across the U.S.In this episode, we break down:What the DEA’s decision on HHC actually meansWhy this signals a shift in federal enforcementHow regulators are starting to close the hemp loopholeAnd what operators need to be thinking about heading into NovemberBecause this isn’t happening all at once.It’s happening piece by piece.And this is one of the clearest signals yet that the current model isn’t going to last.#HempIndustry #CannabisNews #DEA #HHC #CannabisPolicy #FarmBill #TradeToBlack #Flowhub #THC #RegulationWant to see more Cannabis Reform?🎬 • DOJ Signals Shift On Cannabis & Firearms |... 🎬 • Cannabis + Psychedelics: What Just Changed... 🎬 • White House Says Cannabis Is Popular | TDR... 🎬 • DEA Applications Now Open — Clock Started ... Want to stay updated on Cannabis, Small Cap, AI, and Crypto?Subscribe to our Daily Baked newsletter:https://newsletter.thedalesreport.com...Find us on social media and podcast platforms:✅ Facebook: / thedalesreport ✅ Twitter: / thedalesreport ✅ Instagram: / dalesreport ✅ LinkedIn: / the-dales-report Apple Podcasts: https://tinyurl.com/TDRTradetoBlackon...Spotify: https://tinyurl.com/TDRTradeToBlackon...Website: https://thedalesreport.com/For copyright matters, contact:sdales@thedalesreport.comPodcast Disclaimer (Financial Interests)The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of any company, organization, or employer. The content is provided for informational and entertainment purposes only and should not be taken as financial, investment, or legal advice.The hosts and/or guests may hold positions in the companies, stocks, or financial instruments discussed during the show. These holdings should not be considered endorsements or recommendations to buy or sell any securities. Listeners are encouraged to do their own research or consult with a qualified financial advisor before making any investment decisions.By listening to this podcast, you agree that the hosts, guests, and producers are not liable for any decisions made based on the information discussed.Full Disclosures: https://thedalesreport.com/website-te...
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    6 分
  • DOJ Signals Shift On Cannabis & Firearms | TDR Cannabis in 5
    2026/05/01
    In the latest TDR Cannabis in Five presented by Flowhub, Shadd Dales breaks down a developing story around cannabis use and gun ownership—and why this issue is starting to shift.This is a topic we’ve covered before.And the reality hasn’t changed… the laws are still outdated.But what is changing—is how they may be enforced.According to reporting first published by Marijuana Moment, the Trump administration is now signaling it may stop pursuing prosecutions against marijuana users who are found in possession of firearms.Important point—this does not change federal law.Cannabis users are still considered “unlawful users” under federal rules, which means firearm restrictions are still technically in place.But if enforcement starts to pull back?That changes the real-world impact.In this episode, we break down:What the DOJ is actually signalingWhy courts are starting to question these lawsHow this ties into cannabis reschedulingAnd what it means for consumers, operators, and the broader industryBecause once enforcement starts to shift… policy usually isn’t far behind.#CannabisNews #SecondAmendment #CannabisPolicy #GunLaws #CannabisRescheduling #TradeToBlack #Flowhub #LegalUpdate #CannabisIndustry #FederalPolicyWant to see more Cannabis Reform?🎬 • Cannabis + Psychedelics: What Just Changed... 🎬 • White House Says Cannabis Is Popular | TDR... 🎬 • DEA Applications Now Open — Clock Started ... Want to stay updated on Cannabis, Small Cap, AI, and Crypto?Subscribe to our Daily Baked newsletter:https://newsletter.thedalesreport.com...Find us on social media and podcast platforms:✅ Facebook: / thedalesreport ✅ Twitter: / thedalesreport ✅ Instagram: / dalesreport ✅ LinkedIn: / the-dales-report Apple Podcasts: https://tinyurl.com/TDRTradetoBlackon...Spotify: https://tinyurl.com/TDRTradeToBlackon...Website: https://thedalesreport.com/For copyright matters, contact:sdales@thedalesreport.comPodcast Disclaimer (Financial Interests)The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of any company, organization, or employer. The content is provided for informational and entertainment purposes only and should not be taken as financial, investment, or legal advice.The hosts and/or guests may hold positions in the companies, stocks, or financial instruments discussed during the show. These holdings should not be considered endorsements or recommendations to buy or sell any securities. Listeners are encouraged to do their own research or consult with a qualified financial advisor before making any investment decisions.By listening to this podcast, you agree that the hosts, guests, and producers are not liable for any decisions made based on the information discussed.Full Disclosures: https://thedalesreport.com/website-te...
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    5 分
  • The Cannabis Capital Markets Are Already Heating Up | TTB Presented by Flowhub
    2026/04/30
    Hosts Anthony Varrell and Shadd Dales break down a packed day in cannabis news with special guest Adam Stettner, Founder and CEO of FundCanna, the leading non-dilutive capital provider to the cannabis industry.Top of the docket: Vireo Growth's (CSE: VREO) all-stock acquisition of FLUENT Corp. (CSE: FNT.U), a deal that consolidates the Florida medical cannabis market and creates a combined operator with roughly 74 stores and 144,000 square feet of cultivation across the Sunshine State. The crew unpacks the deal terms, the Vireo strategic playbook, and what the transaction signals about MSO consolidation in a post-rescheduling environment.Next up: Verano Holdings (Cboe: VRNO) Q1 2026 earnings. The team digs into Verano's $208 million revenue print, the $18 million net loss, the new $195 million senior secured term loan, the $20 million share repurchase authorization, and management's commentary on Section 280E tax relief following DOJ's Schedule III rescheduling order.Plus: federal cannabis policy momentum on Capitol Hill. The MORE Act added five new House sponsors yesterday — Reps. Schakowsky, Torres, Boyle, Beyer, and Budzinski — bringing total cosponsors to 70 as legislative pressure builds for full marijuana descheduling.Adam Stettner joins to discuss the cannabis lending landscape, how rescheduling is reshaping capital markets, what operators should be doing right now to position for DEA registration and the June 22 medical filing deadline, and where FundCanna sees the smartest opportunities for cannabis financing in 2026.Tune in for sharp analysis, real numbers, and zero fluff.🎧 Subscribe to Trade To Black for daily cannabis stock coverage, MSO earnings breakdowns, federal policy updates, and exclusive guest interviews with the operators and capital allocators shaping the industry.#Cannabis #CannabisStocks #Marijuana #Vireo #FLUENT #VeranoHoldings #FundCanna #MOREAct #Rescheduling #CannabisInvesting #tradetoblack Want to see more Cannabis Reform?🎬 • Cannabis + Psychedelics: What Just Changed... 🎬 • White House Says Cannabis Is Popular | TDR... 🎬 • DEA Applications Now Open — Clock Started ... Want to stay updated on Cannabis, Small Cap, AI, and Crypto?Subscribe to our Daily Baked newsletter:https://newsletter.thedalesreport.com...Find us on social media and podcast platforms:✅ Facebook: / thedalesreport ✅ Twitter: / thedalesreport ✅ Instagram: / dalesreport ✅ LinkedIn: / the-dales-report Apple Podcasts: https://tinyurl.com/TDRTradetoBlackon...Spotify: https://tinyurl.com/TDRTradeToBlackon...Website: https://thedalesreport.com/For copyright matters, contact:sdales@thedalesreport.comPodcast Disclaimer (Financial Interests)The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of any company, organization, or employer. The content is provided for informational and entertainment purposes only and should not be taken as financial, investment, or legal advice.The hosts and/or guests may hold positions in the companies, stocks, or financial instruments discussed during the show. These holdings should not be considered endorsements or recommendations to buy or sell any securities. Listeners are encouraged to do their own research or consult with a qualified financial advisor before making any investment decisions.By listening to this podcast, you agree that the hosts, guests, and producers are not liable for any decisions made based on the information discussed.Full Disclosures: https://thedalesreport.com/website-te...
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    58 分
  • Cannabis + Psychedelics: What Just Changed | TDR Cannabis in 5
    2026/04/30
    In the latest TDR Cannabis in Five presented by Flowhub, Shadd Dales takes a step back and looks at what just happened over the past week—and why it matters.Because this wasn’t just another policy update.Between cannabis rescheduling and a new executive order on psychedelic research, we’re seeing one of the most meaningful shifts in U.S. drug policy in decades.On the cannabis side, the Department of Justice has now formally moved state-licensed medical marijuana to Schedule III. That opens the door to expanded research and, importantly for operators, potential relief from 280E.At the same time, the Trump administration signed an executive order aimed at accelerating psychedelic research—fast-tracking clinical trials and expanding access for treatments targeting PTSD, depression, and other serious conditions.In this episode, we break down:What actually changed this week on cannabis reschedulingWhat the psychedelic executive order means in practical termsWhy both of these moves are happening nowAnd how this starts to shift the broader conversation around healthcare and treatmentThis doesn’t solve everything. There are still gaps across regulation, banking, and federal law.But the direction is becoming clearer.And that’s what matters.#CannabisNews #CannabisRescheduling #Psychedelics #Healthcare #ScheduleIII #TradeToBlack #Flowhub #CannabisPolicy #MedicalCannabis #InvestingWant to see more Cannabis Reform?🎬 • White House Says Cannabis Is Popular | TDR... 🎬 • DEA Applications Now Open — Clock Started ... 🎬 • What Cannabis Rescheduling Actually Means ... 🎬 • Cannabis Rescheduling Is Now Official | TD... Want to stay updated on Cannabis, Small Cap, AI, and Crypto?Subscribe to our Daily Baked newsletter:https://newsletter.thedalesreport.com...Find us on social media and podcast platforms:✅ Facebook: / thedalesreport ✅ Twitter: / thedalesreport ✅ Instagram: / dalesreport ✅ LinkedIn: / the-dales-report Apple Podcasts: https://tinyurl.com/TDRTradetoBlackon...Spotify: https://tinyurl.com/TDRTradeToBlackon...Website: https://thedalesreport.com/For copyright matters, contact:sdales@thedalesreport.comPodcast Disclaimer (Financial Interests)The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of any company, organization, or employer. The content is provided for informational and entertainment purposes only and should not be taken as financial, investment, or legal advice.The hosts and/or guests may hold positions in the companies, stocks, or financial instruments discussed during the show. These holdings should not be considered endorsements or recommendations to buy or sell any securities. Listeners are encouraged to do their own research or consult with a qualified financial advisor before making any investment decisions.By listening to this podcast, you agree that the hosts, guests, and producers are not liable for any decisions made based on the information discussed.Full Disclosures: https://thedalesreport.com/website-te...
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    6 分