Trade to Black brings you a full breakdown of how politics, capital, and communication are colliding in cannabis, and why getting the narrative right might matter more than ever.Shadd Dales and Anthony Varrell kick things off with three big storylines: • Ohio’s rollback of a voter-approved cannabis law and new rules that push hemp products into dispensaries. • Cronos Group’s (TSX; CRON) move into the Netherlands, buying CanAdelaar and grabbing the top spot in Europe’s adult-use pilot market. • Pennsylvania’s leadership still hiding behind federal illegality, even while neighbors like New Jersey, Maryland, and Ohio move ahead.Then we bring on Kyle Sherman, CEO of Flowhub, for a deeper conversation about cannabis messaging:Why are anti-cannabis fear campaigns getting paid reach but no real engagement?Why is the industry so quiet or fragmented in response?And what does a real, unified PR strategy for cannabis actually look like as rescheduling talk heats up?If you care about cannabis investing, policy, and how this industry tells its story, this one is worth tuning into.#TradeToBlack #CannabisInvesting #CannabisPolicy#KyleSherman #CannabisMessaging #OhioCannabis#CronosGroup #PennsylvaniaCannabis #CannabisRescheduling #CannabisIndustry #CannabisStocksWant to see more Cannabis Reform videos?   • New York Study Shows Medical Cannabis Cuts...     • Cannabis vs Alcohol & Pharma: What’s Reall...     • Dina Titus Demands Answers from Attorney G...     • Senator Blocks Trump Drug Czar Nominee | T...  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...

In this episode of TDR Cannabis in Five, host Shadd Dales breaks down a new study out of New York — first reported by Marijuana Moment — showing that medical cannabis patients significantly reduced their prescription opioid use, and kept those reductions going for well over a year. For anyone following the opioid crisis or the medical-cannabis conversation, this is an important development.Shadd explains how researchers analyzed verified prescription-monitoring data from 2018 through 2023, comparing chronic-pain patients who entered New York’s medical cannabis program to similar patients who did not. The results were clear: patients using medical cannabis lowered their average daily opioid dosage and maintained that drop over an 18-month period. And because the study relied on state-verified records rather than surveys, the findings hold more weight with clinicians and policymakers.He also breaks down what this could mean for doctors, insurance providers, and lawmakers as discussions continue around safer pain-management options. The episode highlights why this study stands out compared to typical cannabis research and how it could influence future access, federal scheduling debates, and medical guidance nationwide.#CannabisInFive #MedicalCannabis #Opioids #CannabisResearch #CannabisNews #ChronicPain #CannabisPolicy #CannabisIndustry #NewYorkCannabis #MMEWant to see more Cannabis Reform videos?   • Cannabis vs Alcohol & Pharma: What’s Reall...     • Dina Titus Demands Answers from Attorney G...     • Senator Blocks Trump Drug Czar Nominee | T...     • Why Cannabis Is Gaining Ground Clinically ...  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...

On today’s episode of TDR Cannabis in Five, host Shadd Dales breaks down why so many analysts think cannabis is becoming a major player in everyday consumer life — not just a niche product on the sidelines. Sales are climbing, new product categories are catching on fast, and a lot of people are choosing cannabis over things like alcohol, sleep meds, and even traditional wellness products. The question now is: where is this all heading?Shadd starts with the numbers, including Canada’s strong sales in April 2025 and what that says about where consumer spending is shifting. From there, he looks at how cannabis is starting to compete directly with other industries — whether it’s infused drinks taking share from beer, edibles cutting into pharma categories, or wellness products attracting people who used to buy vitamins and supplements.He also touches on the global angle, where countries across Europe, Asia, and South America are opening up, leading to more trade activity and new competition. Another key point: younger consumers are treating cannabis more like a lifestyle product than a “vice,” which is changing buying habits fast.The episode closes with a look at what investors are watching — from tight margins and tax issues to which companies might have the staying power to survive long-term. The takeaway stays neutral: cannabis is growing up as an industry, and it’s starting to bump into some very big markets along the way.#CannabisInFive #CannabisMarket #CannabisTrends #CannabisIndustry #ConsumerTrends #AlcoholVsCannabis #WellnessMarket #CannabisFinance #TDR #CannabisBusinessWant to see last week's recap?   • Texas Issues Largest Round of TCUP License...  Want to see more Cannabis Reform videos?   • Michigan Judge Allows 24% Cannabis Wholesa...     • Dina Titus Demands Answers from Attorney G...     • Senator Blocks Trump Drug Czar Nominee | T...     • Why Cannabis Is Gaining Ground Clinically ...  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...

In this episode of TDR Cannabis in Five, host Shadd Dales breaks down a major legal development out of Michigan that could influence cannabis taxation and state policy far beyond its borders. A judge has ruled that Michigan’s new 24% wholesale cannabis tax can take effect while a broader lawsuit challenging it continues — and operators across the state are now preparing for the financial impact.Shadd explains how the tax was originally introduced as part of Michigan’s state budget, positioned to generate around $420 million annually for road and infrastructure improvements. While lawmakers saw it as a revenue tool, operators argued it could squeeze retailers, raise prices, and push consumers back toward the illicit market.Industry groups quickly filed suit, claiming the tax effectively amended the voter-approved cannabis law without the required supermajority. They asked the court to block the tax temporarily, saying small businesses could face irreparable harm. But Judge Sima Patel denied that request, ruling that the plaintiffs did not meet the legal threshold for an injunction. For now, the tax stands — though the broader constitutional challenge continues.Shadd walks through the short-term implications for operators, how consumer behavior might shift, and why this case could become a blueprint (or warning sign) for other states exploring new cannabis tax structures. The episode ends neutrally: Michigan’s industry must now adjust, while the legal outcome remains uncertain.#CannabisInFive #MichiganCannabis #CannabisTax #CannabisPolicy #TDR #CannabisBusiness #CannabisLegalization #CannabisNews #WholesaleTax #CannabisIndustryWant to see last week's recap?   • Texas Issues Largest Round of TCUP License...  Want to see more Cannabis Reform videos?   • Dina Titus Demands Answers from Attorney G...     • Senator Blocks Trump Drug Czar Nominee | T...     • Why Cannabis Is Gaining Ground Clinically ...  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...

Shadd Dales and Anthony Varrell get into what’s really going on behind the biggest stories in cannabis and hemp — federal moves, state updates, and everything people are actually talking about right now.We’re kicking things off with the latest news across the cannabis and hemp space, starting with the federal hemp THC ban. Congressional researchers are now saying it’s not even clear how the feds plan to enforce it, especially with the FDA and DEA already stretched thin. And on the federal front, a newly surfaced DOJ memo admits the government knew the marijuana-user gun ban could be on shaky legal ground — right as the Supreme Court gets ready to take it up.Then we zoom into the states: Kentucky says its first medical cannabis dispensary is just weeks away, with the governor openly pitching cannabis as an alternative to opioids. And Trulieve made a big financial move by redeeming all US$368M of its 8% secured notes due 2026 — one of the cleaner balance-sheet resets we’ve seen heading into an election year.Plus, Michael Bronstein, President of the American Trade Association for Cannabis & Hemp will join us with his MJBizCon takeaways and some of the industry chatter already floating around for 2026.#CannabisNews #HempIndustry #CannabisPolicy #CannabisIndustry #TradeToBlack #MJBizCon #Trulieve #DOJ #CannabisReform #CannabisStocksWant to see last week's recap?   • Texas Issues Largest Round of TCUP License...  Want to see more Cannabis Reform videos?   • Dina Titus Demands Answers from Attorney G...     • Senator Blocks Trump Drug Czar Nominee | T...     • Why Cannabis Is Gaining Ground Clinically ...  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...

In this episode of TDR Cannabis in Five, host Shadd Dales breaks down newly surfaced federal enforcement guidance, a congressional response, and the uncertainty many Americans are now facing around marijuana policy. The focus: What does this shift in DOJ posture actually mean — and how widely could it ripple?As first detailed by Marijuana Moment, an internal DOJ memo from February 2024 instructed federal prosecutors to be extremely cautious when pursuing simple marijuana possession cases. That guidance aligned with mass federal pardons issued at the time and required high-level approval for any new possession prosecutions. But last month, the Trump Administration rescinded that memo. According to the U.S. Attorney’s Office in Wyoming, federal prosecutors will now “rigorously” enforce existing marijuana laws, including simple possession on federal land.Congresswoman Dina Titus (D-NV) is now pressing for answers. She’s asked Attorney General Pam Bondi to release both the rescission memo and the original guidance, and to clarify what offenses DOJ intends to prioritize moving forward. So far, there’s been no public response.The episode also looks at why this matters beyond possession cases — including implications for medical cannabis patients, people living in legal states, and anyone impacted by federal gun restrictions tied to cannabis use.The show ends neutrally: the policy shift raises important questions, but many details remain unknown.#CannabisInFive #CannabisPolicy #DOJ #FederalCannabis #MarijuanaEnforcement #PamBondi #DinaTitus #CannabisNews #CannabisReform #TDRWant to see last week's recap?   • Texas Issues Largest Round of TCUP License...  Want to see more Cannabis Reform videos?   • Senator Blocks Trump Drug Czar Nominee | T...     • Why Cannabis Is Gaining Ground Clinically ...     • GOP Leader Suggests Trump May Move Toward ...     • Virginia Moves Toward Cannabis Retail Sale...  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...

If you’re ever injured in an accident, you can check out Morgan & Morgan. You can start your claim in just a click without having to leave your couch. To start your claim, visit: https://www.forthepeople.com/TDRIn this week’s episode of TDR Trade to Black, presented by Dutchie, host Shadd Dales walks through key developments in U.S. cannabis policy, state regulatory updates, and business activity across the sector. The guiding question for the episode is: Do these developments reflect broader policy momentum, or are they simply incremental steps in a longer process?The episode opens with new filings submitted to the U.S. Supreme Court. Americans for Prosperity Foundation, the Cato Institute, and the Pacific Legal Foundation have urged the Court to revisit Gonzales v. Raich, arguing that federal authority under the Commerce Clause may not extend to cannabis operators whose activities do not cross state lines. If the Court agrees to hear the case, it would represent the most significant constitutional review of federal marijuana law in nearly twenty years.The conversation then moves to Texas, where regulators issued nine conditional licenses under the Texas Compassionate Use Program (TCUP). This marks the largest expansion in the program’s history. Among those receiving conditional approval are Trulieve (OTCQX: TCNNF) and Verano Holdings (CBOE CA: VRNO). With additional qualifying conditions added, Texas is making gradual progress toward a more developed medical cannabis framework.Shadd also highlights a new University of Maryland study showing cannabis regulators are significantly more likely than alcohol regulators to prioritize public-health goals.The business roundup includes updates from The Cannabist Company (CBOE CA: CBST | OTCQB: CBSTF), Curaleaf (TSX: CURA), Village Farms International (NASDAQ: VFF), High Tide Inc. (NASDAQ: HITI), Trulieve (OTCQX: TCNNF), Incannex Healthcare (NASDAQ: IXHL), and FLUENT Corp. (CSE: FNT.U).#CannabisNews #TradeToBlack #CannabisPolicy #SCOTUS #TexasCannabis #MSOs #CannabisBusiness #Rescheduling #HempIndustry #CannabisReformWant to see more Cannabis Reform videos?   • Senator Blocks Trump Drug Czar Nominee | T...     • Why Cannabis Is Gaining Ground Clinically ...     • GOP Leader Suggests Trump May Move Toward ...     • Virginia Moves Toward Cannabis Retail Sale...  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...

Earlier this week, a major development in Washington put the brakes on a key White House nomination tied directly to national drug policy. As first reported by Marijuana Moment, Sen. Michael Bennet (D-CO) blocked a confirmation package of nearly 90 nominees from the current administration — including President Trump’s pick for the next Director of the Office of National Drug Control Policy (ONDCP), Sara Carter Bailey.Bailey, a former journalist and commentator, has publicly supported medical cannabis and has described marijuana reform as a bipartisan issue. Those positions made her nomination especially notable for advocates watching federal rescheduling discussions. But Bennet said he halted the package over concerns about “unqualified” nominees bundled together, arguing that the process undermined long-standing norms around critical public-safety roles.With Bailey’s confirmation now on hold, the future leadership of ONDCP — and the direction of federal cannabis enforcement — remains uncertain. A resubmission from the White House could trigger a floor vote, or the administration could pivot to a new nominee altogether.In today’s episode of TDR Cannabis in Five, host Shadd Dales breaks down why this block matters, how Bailey’s cannabis stance factored into the reaction from reform advocates, and what this pause means for rescheduling momentum, enforcement priorities, and the broader federal cannabis landscape.#CannabisNews #CannabisPolicy #ONDCP #Rescheduling #ShaddDales #TDRCannabisInFive #MarijuanaMoment #FederalCannabis #DrugPolicyWant to see more Cannabis Reform videos?   • Why Cannabis Is Gaining Ground Clinically ...     • GOP Leader Suggests Trump May Move Toward ...     • Virginia Moves Toward Cannabis Retail Sale...  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...

Shadd Dales and Anthony Varrell return from MJBizCon in Las Vegas with a fresh download of what people were really talking about on the ground. That includes new rescheduling chatter, the latest outlook for the hemp industry, and where things may be heading as the sector moves toward 2026.Plus, Anthony Coniglio, CEO of NewLake Capital (OTCQX: NLCP), stops by to share what stood out to him at MJBizCon — from market sentiment to where capital activity may be shifting next.The show also covers two big stories from earlier this week:📰 Curaleaf (TSX: CURA / OTCQX: CURLF) announcing a $110M deal for The Cannabist Company’s Virginia assets, including five operating dispensaries, another on the way, and an ~82,000 sq. ft. cultivation and production facility — a move that positions Curaleaf ahead of Virginia’s potential adult-use launch.📰 Texas regulators granting conditional TCUP approvals to operators including Trulieve and Verano, setting the stage for a major expansion of the state’s medical market.A breakdown of the news that matters — and what investors should be paying attention to.#CannabisNews #TradeToBlack #Dutchie #MJBizCon #CannabisInvesting #HempIndustry #Rescheduling #Curaleaf #Trulieve #Verano #TexasCannabis #VirginiaCannabis #MSOs #CannabisStocks #NewLakeCapital #AnthonyConiglio #CannabisPolicy #CannabisReform #WeedBusinessWant to see more Cannabis Reform videos? • Three Months That Made Cannabis Impossible... • Three Months That Made Cannabis Impossible... • High Tide Executive Warns the Canadian Can... • Texas Moves Ahead Despite the Federal Ban ... 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...

This episode of TDR Cannabis in Five features Shadd Dales breaking down one of the most consistent patterns in cannabis equities: the tendency for sector bottoms to form in June and July, not in the winter months. Presented in third-person, the segment reviews more than a decade of price behavior to show why the summer period repeatedly becomes a turning point.Shadd walks through historical examples from 2013, 2017, 2020, and the recent 2024–2025 cycle, showing how winter dips often fail to mark true bottoms. Instead, the market typically grinds lower into Q2, resets in early summer, and then begins recovering as sentiment, volume, and catalysts shift.The episode highlights three main drivers: inventory cycles that tighten heading into summer, seasonal retail demand that picks up in warmer months, and political/market catalysts that often emerge in Q3. Shadd also outlines the psychology behind this pattern—investors tend to give up at the exact moment the market is stabilizing.For traders watching MSOS and other cannabis names, the segment provides context for why June and July frequently present better entry points than the winter months that often get the attention.#CannabisStocks #WeedStocks #MSOS #MarketTrends #StockMarketPatterns #CannabisInvesting #CannabisIndustry #CannabisNews #StockMarketEducation #CannabisSectorWant to see more Cannabis Reform videos?   • Why Cannabis Is Gaining Ground Clinically ...     • GOP Leader Suggests Trump May Move Toward ...     • Virginia Moves Toward Cannabis Retail Sale...  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...