Welcome back to the Trade To Black Podcast, your go-to source for the latest insights across Cannabis, psychedelics, crypto, AI, and Technology.
Top Industry Headlines "Into The Wire"
Israel Investigates Canadian Cannabis Companies: Import-Export Disputes Uncovered"
📊 Israel launches an 'anti-dumping' probe into Canadian cannabis companies, requiring 10 firms to submit information and evidence.
Canada faces accusations from countries like Australia, Colombia, and Jamaica for protecting its domestic cannabis market by restricting commercial imports of medical marijuana.
🌿 U.S. Senators Push for Swift Marijuana Descheduling: A Closer Look
U.S. Senators, including Chris Van Hollen, Elizabeth Warren, and Chuck Schumer, unite to urge the Biden administration to deschedule marijuana from the Controlled Substances Act (CSA).
The Senators emphasize the need for complete descheduling to eliminate criminal and civil penalties for marijuana use, citing changing state laws and public opinion.
🚀 Virginia Navigates Towards Regulated Recreational Cannabis Market: Inside the Debate
Virginia's General Assembly works on establishing a regulated recreational cannabis marketplace, allowing the Virginia Cannabis Control Authority to grant licenses from July 1, 2024.
Disagreements among supporters and uncertainty regarding Governor Glenn Youngkin's stance raise questions about the approach, possession limits, taxation, and criminal justice elements.
💼 AYR Wellness Restructures Debt: A Deep Dive into the Deal
AYR Wellness Inc. nears finalization of a debt restructuring deal, including its Canadian subsidiary, AYR Wellness Canada, involving the exchange of senior secured notes and issuance of new shares and warrants.
The company balances immediate financial needs with long-term shareholder value in the restructuring process, aiming for completion by February 7, 2024.