Shadd Dales, alongside Anthony Varrell, welcomes Michael Bronstein, president of the American Trade Association for Cannabis & Hemp (ATACH), to break down two of the biggest state stories shaping the cannabis industry right now: Pennsylvania’s adult-use legalization debate and Texas’s new hemp and vape laws.Pennsylvania cannabis legalization update 2025:Governor Josh Shapiro has made legalization part of his budget plan, but the state remains divided. The House advanced a state-run model earlier this year, while Senators Dan Laughlin and Sharif Street are pushing for a private licensing system with a Cannabis Control Board. The stakes are high: with neighboring states like New Jersey, New York, and Maryland already legal, Pennsylvania risks losing out on hundreds of millions in tax revenue and jobs if it delays further.Texas hemp and vape law changes:On September 1, SB 2024 went into effect, banning the sale and marketing of vape products containing cannabinoids such as Delta-8, CBD, and THC. Violations carry Class A misdemeanor penalties. Meanwhile, SB 6—a broader hemp-derived THC ban—remains under consideration during the special session, with a September 14 deadline. Investors, operators, and retailers alike are watching closely as Texas reshapes its hemp market.We’ll connect these policy shifts to the investor outlook: compliance risks, market opportunities, and which catalysts could drive the next wave of cannabis investing news.What’s your take—should Pennsylvania move faster, and is Texas going too far? Drop your thoughts in the comments and join us live at 4:00pm ET.#CannabisStocks #CannabisNews #PennsylvaniaCannabis #TexasCannabis #Texas #VapeBan #THC #HempPolicy #CannabisRescheduling #TrumpAdministration #CannabisInvestingWant to see last week's recap?   • Rescheduling Rumors Highlight This Week’s ...  Want to see more Cannabis Reform videos?   • Congress Orders Study of State Cannabis La...     • Two-Thirds of Voters Back Legal Cannabis |...     • MORE Act Returns: What It Means for Cannab...     • Will Adult-Use Cannabis Pass in Pennsylvan...     • What Happens After Cannabis Rescheduling? ...  Want to be updated on Cannabis, Small Cap, AI, and Crypto? Subscribe to our Daily Baked in Newsletter!https://newsletter.thedalesreport.com...Find us as well on Facebook, Twitter, Instagram, LinkedIn and on the Web: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, please get in touch with us at:[email protected] 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 as 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 you make based on the information discussed.Full Disclosures: https://thedalesreport.com/website-te...