Shadd Dales and Anthony Varrell cover major developments in both U.S. and international cannabis markets — from Texas politics to European expansion.First, we break down Governor Greg Abbott’s veto of Senate Bill 3 (SB3) — a bill that would’ve effectively banned all consumable hemp-derived THC products in Texas, including Delta-8 and Delta-9. Abbott called the bill “overly broad,” warning it could unintentionally criminalize parents, veterans, and legal operators. Shadd and Anthony weigh in: was this a rare win for the hemp industry, or just a temporary pause before stricter regulation?Then, we take a data-driven look at legalization’s impact more than a decade in: over $24.7 billion in state tax revenue has been generated since 2014. States like Colorado, Illinois, and Nevada are reinvesting that money into education, infrastructure, and equity. Even more surprising? Teen cannabis use is down sharply in most legal states, thanks to strict retail enforcement and prevention programs.We also discuss a major European development: Tilray Medical is now the first company authorized to sell branded cannabis in Italy. It’s a major step forward in Europe’s medical cannabis rollout — and possibly a glimpse at where the global market is heading.Straight talk. Smart analysis. Only on Trade To Black.#TexasHemp #SB3Texas #GregAbbott #CannabisPolicy #Tilray #MedicalCannabis #Delta8 #CannabisLegalization #CannabisInvesting #HempIndustryWant to see last week's recap?   • DEA Raids, German Cannabis Buzz & Trump’s ...  Want to see more Cannabis Reform videos?   • Alcohol Sales Are Dropping — Cannabis May ...     • Mike Tyson Joins Cannabis Rescheduling Fig...     • Why Canadian Cannabis Companies Are Domina...     • Are Republicans or Democrats Holding Marij...  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...