Shadd Dales and Anthony Varrell cover the growing legal and regulatory uncertainty surrounding hemp-derived cannabinoids, including delta-8 and THCA. During a June 4 webinar hosted by the Attorney General Alliance, officials from Florida, Oregon, Nevada, and California confirmed that over 40 states now regulate hemp cannabinoids—up from just 8 a year ago. But state laws remain inconsistent, and federal rules are still unclear.A newly advanced federal bill could ban all hemp products containing “quantifiable” levels of THC, threatening much of the current market. Industry leaders say this would hurt small businesses and worsen enforcement gaps.In North Carolina, Governor Josh Stein is forming a cannabis policy council to propose adult-use legislation by 2026. Stein called the state’s current hemp market the “Wild West” and supports regulating THC like alcohol, with restrictions on youth access and product labeling.The episode also looks at the rise of hemp-derived THC beverages. While direct-to-consumer (DTC) sales currently account for over 50% of revenue in the category, some states are beginning to ban the channel. Meanwhile, major beverage companies remain on the sidelines—though that could change as policy evolves.A new national poll shows a majority of sports fans support cannabis sponsorships across major leagues like the NFL, NBA, and NHL. As cannabis becomes more accepted, these partnerships could shape public perception, open new revenue channels, and mark a turning point in the mainstreaming of the industry.#CannabisRegulation #HempIndustry #Delta8THC#THCA #CannabisPolicy #NorthCarolinaCannabis #HempBeverages #CannabisSponsorships #CannabisBusiness #MarijuanaRescheduling #CannabisIndustry #MarijuanaIndustry #WeedStocksWant to see last week's recap? • Hemp Crackdown, Cannabis vs Alcohol & Refo... Want to see more Cannabis Reform videos? • Are Republicans or Democrats Holding Marij... • What Every Cannabis CEO Needs To Do To Suc... • What the U.S. Can Learn from Ontario’s Mar... • JD Vance: Trump Will Lead the Bitcoin Revo... • What’s the #1 Cannabis Stock to Own in 202... 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...