Shadd Dales and Anthony Varrell sit down with two guests—Margaret Brodie from Rubicon Organics and Michael Bronstein from the American Trade Association for Cannabis and Hemp—to cover important updates in both the Canadian cannabis market and a fast-moving hemp policy fight in Texas.Segment One – Rubicon Organics (ROMJ:TSXV)Rubicon Organics CEO Margaret Brodie returns with updates on the company’s latest moves. On July 2, Rubicon launched its 1964 Supply Co. all-in-one FSE resin vapes, marking a strategic push into Canada’s competitive vape market. Brodie also shares details on the Hope, BC facility expansion, which is expected to boost premium cannabis production through the back half of 2025. We also take a step back to discuss the broader Canadian cannabis market, where consolidation and easing pricing pressure in premium categories may signal a slow shift toward more stable growth.Segment Two – Texas Hemp & Federal UpdatesThe bigger story is in Texas, where hemp policy could soon shift. Michael Bronstein breaks down what’s at stake as lawmakers head into a special session following Governor Greg Abbott’s veto of SB3. With HB42 in focus, legislators will debate THC potency caps, retail licensing, consumer protections, and local opt-outs—decisions that could make Texas a blueprint for U.S. hemp regulation.Bronstein also weighs in on today’s vote on Terrence Cole’s potential appointment as DEA Administrator under the Trump Administration, a move that could influence how aggressively the federal government approaches cannabis rescheduling and hemp enforcement going forward.#TexasHemp #HB42 #TerrenceCole #DEA #HempReform #RubiconOrganics #CannabisNews #THCRegulation #CanadianCannabis #TrumpAdministrationWant to see last week's recap?   • Biggest Cannabis Developments This Week – ...  Want to see more Cannabis Reform videos?   • New Study Links Medical Cannabis to Fewer ...     • Texas Hemp Showdown: What HB 42 Means for ...     • Senate Shakes Up Hemp & Cannabis – Psyched...     • Glass House Brands Raided – What It Means ...     • Rescheduling Showdown: GOP Tries to Stop I...  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] views on the Trade To Black podcast and the guests on this podcast are purely opinions. You should not treat any opinions expressed by us or our guests as investment advice. The views on this podcast are solely intended to be informational and are not investment advice. Please go to our website for a full list of disclosures and details of any client relationship we have. https://thedalesreport.com/website-te...

Shadd Dales and Anthony Varrell sit down with Paolo De Luca, Chief Strategy Officer at Organigram (NASDAQ: OGI), to break down some of the biggest questions surrounding the U.S. and Canadian cannabis landscape in the event reform is announced by the Trump administration.For Canada, Organigram is approaching growth in a challenging market, the outlook for excise tax reform in Canada, and whether it could unlock meaningful capital or simply extend the current struggles for operators. Paolo also explains why Canadian cannabis stocks continue to trade at a discount compared to U.S. peers, what might change that, and how Organigram evaluates international opportunities — including Germany’s medical expansion and Australia’s growing demand — while keeping financial discipline and export readiness at the core of its strategy.Next, cannabis attorney Shane Pennington joins the conversation to talk about a major U.S. policy development: President Donald J. Trump has officially signed the HALT Fentanyl Act into law, permanently classifying fentanyl-related substances as Schedule I under the Controlled Substances Act. Shane believes the public discussion is missing the real impact of this law and explains wha this announcement really means.Finally, Dan from The Chart Guys breaks down the biggest cannabis stock movers of the week. He shares what traders are watching as reform rumors heat up in Washington, key technical levels shaping short-term sentiment, and how investors are positioning as speculation builds around potential federal changes.#CannabisInvesting #CannabisStocks #Organigram #OGI #CannabisReform #GlobalCannabis #ExciseTaxReform #HALTFentanylAct #TrumpAdministration #FentanylLaw #ShanePenningtonWant to see last week's recap?   • Biggest Cannabis Developments This Week | ...  Want to see more Cannabis Reform videos?   • Senate Shakes Up Hemp & Cannabis – Psyched...     • Glass House Brands Raided – What It Means ...     • Rescheduling Showdown: GOP Tries to Stop I...     • Trump Allies Push Marijuana Rescheduling |...     • Will Cannabis Reform Finally Happen? | TDR...  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] views on the Trade To Black podcast and the guests on this podcast are purely opinions. You should not treat any opinions expressed by us or our guests as investment advice. The views on this podcast are solely intended to be informational and are not investment advice. Please go to our website for a full list of disclosures and details of any client relationship we have. https://thedalesreport.com/website-te...

Cannabis lending remains cautious, but important shifts are starting to take shape—especially as reform discussions gain momentum.In this episode of Trade To Black, we sit down with Peter Sack, Managing Partner at Chicago Atlantic (NASDAQ: REFI), to discuss how lenders are approaching the industry today and what could change if reform or rescheduling moves forward.Here’s what we cover: • $462 million in cannabis lending pipelines—how maturities, refinancing, and distressed assets are being managed. • The Glass House federal raid—why no cannabis product was seized and why that’s a subtle but positive indicator of progress. • Texas, Georgia, and Sun Belt markets—how lenders weigh early-stage medical markets and when capital typically enters. • Rescheduling & reform impact—what might shift in risk thresholds, cash flow profiles, and access to institutional capital. • 280E taxes & ESOPs—why tax policy remains a major barrier to M&A and how ESOP conversions are shaping private operators. • Hemp-derived THC beverages—are they expanding the market, and when might debt capital follow?Peter also outlines how short-term loans, recapitalizations, and disciplined lending frameworks are influencing which companies are positioned to grow—and which may face consolidation—over the next 12–24 months.For investors and operators, this conversation provides a clear view of how capital providers are thinking about the space as the policy environment slowly evolves.0:00:00 - Intro0:01:30 - Cannabis industry trends and national debate0:05:03 - Cannabis lending strategies and debt pipeline0:10:16 - Cannabis rescheduling on capital markets0:13:12 - ESOP (Employee Stock Ownership Plan) strategies0:15:37 - Investing in new, emerging cannabis markets0:19:28 - Michigan market trends and consolidation0:21:39 - Pennsylvania adult-use market potential0:23:41 - THC beverages and market expansion0:25:30 - Wrap-up#CannabisInvesting #CannabisLending #CannabisCapitalMarkets #REFI #ChicagoAtlantic #CannabisReform #280E #HempIndustry #THCBevs #CannabisStocksWant to see last week's recap?   • Biggest Cannabis Developments This Week | ...  Want to see more Cannabis Reform videos?   • Senate Shakes Up Hemp & Cannabis – Psyched...     • Glass House Brands Raided – What It Means ...     • Rescheduling Showdown: GOP Tries to Stop I...     • Trump Allies Push Marijuana Rescheduling |...     • Will Cannabis Reform Finally Happen? | TDR...  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] views on the Trade To Black podcast and the guests on this podcast are purely opinions. You should not treat any opinions expressed by us or our guests as investment advice. The views on this podcast are solely intended to be informational and are not investment advice. Please go to our website for a full list of disclosures and details of any client relationship we have. https://thedalesreport.com/website-te...

Today on Trade To Black: Steve Robinson is in the building—and he’s not holding back.Robinson is the Editor-in-Chief of The Maine Wire, an investigative news outlet focused on state policy, accountability, and political transparency. He’s also a former producer for The Howie Carr Show and a well-known voice in conservative media.Lately, he’s been doing some of the most aggressive reporting in the country on how foreign crime syndicates—mainly Chinese-backed operations—are running illegal cannabis grows across rural Maine. These grows are: • Using toxic pesticides banned even in China • Exploiting U.S. taxpayer-funded land credits • And operating with near-zero local enforcementSteve just appeared on the Tucker Carlson Podcast to lay it all out. Now, he joins Trade To Black to explain what he’s uncovered, how it ties into national cannabis policy, and what industry players need to pay attention to.Also on the show—Michael Bronstein, President of the American Trade Association for Cannabis and Hemp will join us for the latest Insiders Edge segment.Last week, SB120 was formally introduced in Pennsylvania, receiving bipartisan support to legalize adult-use cannabis. Our audience knows that part. With Michael, we’re getting into: • What happens next • Where the political pressure is coming from • And how fast this could realistically moveWe’ll talk timelines, political realities, and how close we really are to seeing a full legalization bill pass in a major swing state.#SteveRobinson #CannabisCartels #MaineCannabis #TuckerCarlson #ChineseMafia #MichaelBronstein #SB120 #PennsylvaniaCannabis #cannabisreform #cannabisindustry #CannabisRescheduling Want to see last week's recap?   • Biggest Cannabis Developments This Week | ...  Want to see more Cannabis Reform videos?   • Will Cannabis Reform Finally Happen? | TDR...     • PA Cannabis Legalization Bill Just Dropped...     • Crypto Momentum Could Unlock Cannabis Bank...     • Is Congress Finally Ready for Full Cannabi...     • Banking, Cannabis, and the Trump Factor—Wh...  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] views on the Trade To Black podcast and the guests on this podcast are purely opinions. You should not treat any opinions expressed by us or our guests as investment advice. The views on this podcast are solely intended to be informational and are not investment advice. Please go to our website for a full list of disclosures and details of any client relationship we have. https://thedalesreport.com/website-te...

Shadd Dales and co-host Anthony Varrell break down the weekly performance on cannabis stocks plus policy reform—starting with big news out of Pennsylvania.Trent Woloveck, Chief Strategy Officer at Jushi Holdings (OTCQX: JUSHF), joins us to discuss the bipartisan adult-use cannabis bill just filed in the Pennsylvania Senate. If passed, this could open the door to one of the largest new recreational cannabis markets in the U.S.—and institutional investors are watching closely. The framework includes private retail, record expungements, and reinvestment in communities impacted by prohibition. We dig into the bill’s structure and the political path ahead.Next up, Sammy J from C21 Investments (CSE: CXXI) and Dan Ahrens from AdvisorShares ETF $MSOS (NYSE: MSOS) return to talk cannabis price action. After a sluggish stretch, MSOS is heating up—but what’s driving the move? Is this real momentum or another head fake?We’ll also clear up investor concerns about Glass House Brands (OTC: GLASF) following Thursday’s news about ICE involvement at their licensed grow facility in California. While it raised eyebrows, this isn’t a direct federal strike on legal cannabis. More optics than substance—investors should stay calm.📈 Cannabis reform and price momentum are finally aligning. Let’s get into what matters.#CannabisStocks #CannabisReform #PennsylvaniaCannabis #MSOSETF #AdultUseCannabis #CannabisRescheduling #CannabisLegalization #JushiHoldings #GlassHouseBrands #CannabisInvestingWant to see last week's recap?   • Top Cannabis Developments This Week: Tyson...  Want to see more Cannabis Reform videos?   • Crypto Momentum Could Unlock Cannabis Bank...     • Is Congress Finally Ready for Full Cannabi...     • Banking, Cannabis, and the Trump Factor—Wh...     • Rand Paul Warns GOP Hemp Ban Would Destroy...     • Texas GOP War Over Cannabis: Abbott vs. Pa...  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] views on the Trade To Black podcast and the guests on this podcast are purely opinions. You should not treat any opinions expressed by us or our guests as investment advice. The views on this podcast are solely intended to be informational and are not investment advice. Please go to our website for a full list of disclosures and details of any client relationship we have. https://thedalesreport.com/website-te...

Shadd Dales and co-host Anthony Varrell welcome back—former hedge fund manager and activist investor Marc Cohodes, and cannabis entrepreneur and policy strategist Brady Cobb.This latest episode breaks down a major shakeup in Washington. Senator Mitch McConnell—the same lawmaker who helped legalize hemp back in 2018—is now backing a proposal that could effectively ban most consumable hemp products. It’s a surprising turn—and one that’s raising serious concern across the cannabis and wellness sectors.But here’s where it gets even more important: this move may end up doing more than just disrupting the hemp market. It could become the trigger that finally forces Congress to address comprehensive cannabis reform.We break down:• What the proposed hemp ban actually includes—and why it targets much more than Delta-8• How this could impact popular wellness products like full-spectrum CBD • Why Senator Rand Paul is pushing back with his HEMP Act to raise the THC threshold• How all this ties into the upcoming September 30 crypto regulation deadline, opening a legislative window for cannabis banking• Why the proposed hemp restrictions may indirectly push Congress toward full cannabis reform, by exposing the flaws in current policy• And why pressure is growing to create a unified national cannabis framework#CannabisIndustry #CannabisReform #CannabisStocks #CBDMarket #HempBan #BradyCobb #MarcCohodes #SAFEBankingAct #TradeToBlack #FarmBill #MitchMcConnell #CannabisReschedulingWant to see last week's recap?   • Top Cannabis Developments This Week: Tyson...  Want to see more Cannabis Reform videos?   • Banking, Cannabis, and the Trump Factor—Wh...     • Rand Paul Warns GOP Hemp Ban Would Destroy...     • Texas GOP War Over Cannabis: Abbott vs. Pa...     • Big Beautiful Bill Passes—Is Cannabis Refo...     • Could Cannabis Reform Win Trump the Youth ...  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] views on the Trade To Black podcast and the guests on this podcast are purely opinions. You should not treat any opinions expressed by us or our guests as investment advice. The views on this podcast are solely intended to be informational and are not investment advice. Please go to our website for a full list of disclosures and details of any client relationship we have. https://thedalesreport.com/website-te...

Shadd Dales sits down with Ryan Crandall, Chief Commercial Officer at MariMed Inc. (OTCQX: MRMD), for a timely conversation on how the company is scaling smart, staying lean, and leading with brand-first execution in some of the most competitive cannabis markets in the U.S.Crandall shares what his expanded role now includes—from R&D to marketing—and how aligning these departments has helped sharpen the company’s product rollout strategy. The two discuss how Betty’s Eddies, Bubbies Baked, and the new Microdose mushroom-infused line are outperforming in key states like Massachusetts, Maryland, and Illinois.They also break down: • Why MariMed is sticking to a wholesale-first model • What the August 1 launch of adult-use cannabis in Delaware could mean for growth • How product consistency and disciplined SOPs set them apart • What’s working in fast-acting edibles and low-dose functional SKUs • Where the next real M&A opportunities might come from as reform slowly takes shapeWith federal attention potentially shifting to cannabis post–“Big Beautiful Bill,” Crandall also explains how MariMed is preparing for what could come next in banking and market expansion.#CannabisReform #MariMed #SAFERBanking #BettysEddies #CannabisStocks #CannabisBanking #CannabisStrategy #CannabisIndustry #CannabisInnovation #FunctionalMushroomsWant to see last week's recap?   • Top Cannabis Developments This Week: Tyson...  Want to see more Cannabis Reform videos?   • Rand Paul Warns GOP Hemp Ban Would Destroy...     • Texas GOP War Over Cannabis: Abbott vs. Pa...     • Big Beautiful Bill Passes—Is Cannabis Refo...     • Could Cannabis Reform Win Trump the Youth ...  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] views on the Trade To Black podcast and the guests on this podcast are purely opinions. You should not treat any opinions expressed by us or our guests as investment advice. The views on this podcast are solely intended to be informational and are not investment advice. Please go to our website for a full list of disclosures and details of any client relationship we have. https://thedalesreport.com/website-te...

Shadd Dales and co-host Anthony Varrell react to the latest wave of cannabis rescheduling rumors—and fresh comments from Senator Jeff Merkley (D-OR), who just confirmed what many feared: the SAFER Banking Act is still stuck in gridlock. Merkley says bigger headline items like war and reconciliation bills are taking up all the oxygen in Congress. While he’s hopeful for action “sooner than later,” GOP co-sponsor Bernie Moreno doesn’t expect anything until fall.That’s left the industry asking: Does SAFE need to pass before cannabis banking becomes real—or could Trump step in with an executive order or tie it to crypto banking reform? Right now, the silence from the White House is deafening.Michael Bronstein, President of the American Trade Association for Cannabis and Hemp, also joins the show to weigh in on key state battles. He breaks down whether Pennsylvania is on track for adult-use legalization—and what’s really behind the political fight in Texas between Governor Greg Abbott and Lt. Governor Dan Patrick, who made headlines for saying: “I’m not going to legalize marijuana. If voters don’t like that, so be it.”The episode also touches on a new University of Pittsburgh study showing anxiety is now the top reason for medical marijuana use in Pennsylvania, while New York’s cannabis program is focusing on equity and Latino ownership, even as rollout problems persist.Other headlines covered:– AYR Wellness making a senior note interest payment to avoid default– A six-year cannabis facility licensing battle in Missouri– Plus YouTube coverage on Mike Tyson urging Trump on cannabis reform, Senator Rand Paul fighting a hemp ban, and a crackdown on medical marijuana in Florida.Stream now to learn more.#CannabisBanking #SAFERBankingAct #CannabisRescheduling #TrumpCannabis #CryptoBanking #TexasCannabis #NewYorkWeed #PennsylvaniaCannabis #MedicalMarijuana Want to see last week's recap?   • Top Cannabis Developments This Week: Tyson...  Want to see more Cannabis Reform videos?   • Texas GOP War Over Cannabis: Abbott vs. Pa...     • Big Beautiful Bill Passes—Is Cannabis Refo...     • Could Cannabis Reform Win Trump the Youth ...     • Mike Tyson, Kevin Durant, Urge Trump to Ac...     • California Cannabis Sales Are Falling — He...     • Is Pennsylvania the Next Big Cannabis Mark...  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] views on the Trade To Black podcast and the guests on this podcast are purely opinions. You should not treat any opinions expressed by us or our guests as investment advice. The views on this podcast are solely intended to be informational and are not investment advice. Please go to our website for a full list of disclosures and details of any client relationship we have. https://thedalesreport.com/website-te...

Anthony Varrell sits down with Mark Yusko—CEO of Morgan Creek Digital and Independent Director at MetaPlanet, one of the most aggressive Bitcoin Treasury companies in the market.They get into the real mechanics behind the Bitcoin ecosystem and the growing influence of Wall Street:→ Is Bitcoin’s volatility being misunderstood—and why is it actually useful?→ Are institutions using ETFs and futures to tame and control Bitcoin’s price?→ How are Bitcoin Treasury strategies changing corporate balance sheets?→ Are stablecoins backed by U.S. T-bills the Fed’s new way of propping up debt markets?→ Is quantum computing a real threat to Bitcoin security or just hype?Mark breaks down why inflation punishes savers, how stablecoins may reshape global finance, and why Bitcoin is still the strongest form of self-sovereign money. They also cover how today’s financial system is engineered to extract value—while crypto is building a system to return it.You’ll also hear Mark’s thoughts on:– BlackRock’s quiet accumulation of BTC– The rise of companies like MetaPlanet, MicroStrategy, and ProCap– AI’s real impact on jobs and investing– Why the shift from fiat to digital money is happening faster than most people realizeWhether you’re managing a crypto portfolio or just trying to understand what’s next in finance, this conversation hits the key points.🎧 Watch now and subscribe for more sharp takes on crypto, cannabis, and capital markets.#Bitcoin #MarkYusko #Stablecoins #CryptoInvesting #DigitalAssets #MetaPlanet #CryptoETFs #FiatCollapse #QuantumComputing #BitcoinTreasuryWant to learn more about AI and Blockchain?   • Stablecoins: The $2 Trillion Boom You Didn...     • Bitcoin vs Ethereum vs XRP: Which One Wins...     • Why are Investors flocking to ETF's over M...     • Should we be loading our portfolio with AI...  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] views on the Trade To Black podcast and the guests on this podcast are purely opinions. You should not treat any opinions expressed by us or our guests as investment advice. The views on this podcast are solely intended to be informational and are not investment advice. Please go to our website for a full list of disclosures and details of any client relationship we have. https://thedalesreport.com/website-te...

Shadd Dales and co-host Anthony Varrell welcome Anthony Coniglio, CEO of NewLake Capital Partners (OTCQX: NLCP), to respond to one of the most provocative interviews we’ve aired to date — featuring former hedge fund manager and institutional investor Marc Cohodes.Earlier this week, Cohodes delivered an unfiltered, high-conviction case for why federal cannabis reform is coming — and fast. He made bold claims: the U.S. government is finally serious about cracking down on the illicit market, and the DEA, DHS, and Treasury are laying the groundwork for cannabis policy shifts that could include safe banking, rescheduling, and even nationwide taxation under a second Trump administration.But is it all hype? Or is there real momentum building?As the head of a major U.S. cannabis REIT, Anthony Coniglio offers a grounded, data-backed view of the situation. In this episode, he reacts to Cohodes’ commentary on: • The growing enforcement pressure on illegal grows • The merging narrative around hemp and cannabis as one regulated product • Whether the illicit-to-legal transition is finally happening • The need for U.S. cannabis companies to trade on U.S. exchanges • And what federal policy reform could mean for investors, operators, and capital markets.Plus, we dig into NewLake’s strategy in this unpredictable policy environment — and why Coniglio believes this industry is still worth betting on long-term.Also joining us is Christian Angermayer, Chairman of ATAI Life Sciences (NASDAQ: ATAI), following the company’s July 1 announcement of a $50 million private placement funding round. Angermayer breaks down how the capital will advance ATAI’s clinical-stage psychedelic therapeutics — including COMPASS Pathways’ Phase 3 trial in treatment-resistant depression and Beckley Psytech’s Phase 2b 5-MeO-DMT study.He also shares insights on the future of the psychedelics industry, regulatory tailwinds, and where investor attention should be focused as the mental health treatment landscape rapidly evolves.Subscribe for a front-row seat to cannabis reform, psychedelic breakthroughs, and market-moving interviews.#CannabisIndustry #CannabisStocks #CannabisReform #SAFERBanking #Trump #TrumpAdministration #CannabisRescheduling #SafeBankingAct #PsychedelicStocks #MentalHealth #BiotechStocksWant to see last week's recap?   • The Week’s Biggest Cannabis Headlines – Fr...  Want to see more Cannabis Reform videos?   • Mike Tyson, Kevin Durant, Urge Trump to Ac...     • California Cannabis Sales Are Falling — He...     • Is Pennsylvania the Next Big Cannabis Mark...     • Texas Vetoes Hemp Ban: Here’s What It Mean...     • Alcohol Sales Are Dropping — Cannabis May ...  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] views on the Trade To Black podcast and the guests on this podcast are purely opinions. You should not treat any opinions expressed by us or our guests as investment advice. The views on this podcast are solely intended to be informational and are not investment advice. Please go to our website for a full list of disclosures and details of any client relationship we have. https://thedalesreport.com/website-te...