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The Dales Report | Trade to Black
Dales Media Group
404 episodes
4 hours ago
We are a business news platform that provides the latest and best insight into the stories that make headlines worldwide. From cannabis to psychedelics, crypto and more, we give institutional and retail investors an inside edge in the competitive world of investing. And we profile companies that are making waves in their ever-growing industries. We are The Dales Report. The information provided in this podcast is for educational purposes only and should not be considered as financial or investment advice. Listeners are encouraged to conduct their own research and co
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All content for The Dales Report | Trade to Black is the property of Dales Media Group and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
We are a business news platform that provides the latest and best insight into the stories that make headlines worldwide. From cannabis to psychedelics, crypto and more, we give institutional and retail investors an inside edge in the competitive world of investing. And we profile companies that are making waves in their ever-growing industries. We are The Dales Report. The information provided in this podcast is for educational purposes only and should not be considered as financial or investment advice. Listeners are encouraged to conduct their own research and co
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Investing
Business
Episodes (20/404)
The Dales Report | Trade to Black
Mike Tyson Takes His Cannabis Fight to Pennsylvania | TDR Cannabis in 5

Can one of the most famous athletes in the world help push cannabis reform over the finish line? This week, boxing legend and cannabis entrepreneur Mike Tyson brought his fight for legalization straight to Pennsylvania’s Capitol—and lawmakers listened.TDR Cannabis in Five, presented by Dutchie, with host Shadd Dales breaks down what really happened inside Harrisburg. Tyson met with Senate President Kim Ward and other key officials to make the case for adult-use cannabis, arguing it’s time for Pennsylvania to stop missing out on jobs and tax revenue while neighboring states cash in. His visit comes as bipartisan support grows for Senate Bill 120, and as leaders weigh how federal rescheduling—and possible action from the Trump administration—could shape the state’s next move.While lawmakers debate timing, a new state grand jury report found that over 93 percent of hemp-derived products sold in Pennsylvania smoke shops were actually illegal marijuana—unregulated, untested, and mislabeled. The contrast between the tightly regulated cannabis industry and the loose hemp market is fueling calls for clarity and reform.Pennsylvania isn’t dragging its feet—it’s watching Washington. Whether adult-use passes this session or waits for federal guidance, the outcome will depend on how fast the federal government moves on rescheduling and enforcement.#CannabisNews #CannabisStocks #PennsylvaniaCannabis #MikeTyson #CannabisLegalization #WeedNews #MarijuanaPolicy #CannabisReform #Dutchie #TDRCannabisInFiveWant to see more Cannabis Reform videos?   • What the Data Really Say About Cannabis an...     • Raj Grover’s Plan for Global Expansion | T...     • Medical Cannabis Cuts Opioid Prescriptions...  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:sdales@thedalesreport.comPodcast 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...

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1 day ago
6 minutes 19 seconds

The Dales Report | Trade to Black
Germany Expands Cannabis Imports While Australia Pulls Back | TDR Weekly Intl Recap

TDR Trade To Black Weekly International Recap, presented by Prohibition Partners, breaks down three major developments showing how unpredictable global cannabis reform can be. Host Shadd Dales takes you through Germany’s rapid import expansion, Australia’s regulatory pullback, and Morocco’s cautious first step into medical cannabis exports — each revealing the tension between growth, oversight, and accountability.Germany just raised its national medical cannabis import quota by nearly 60%, driven by booming digital prescriptions — but that growth now has regulators worried. Meanwhile, Australia is tightening control after repeated over-forecasting by importers, forcing stricter quota rules that could shrink the market. And in North Africa, Morocco has completed its first legal medical cannabis export, a small but historic milestone that could mark the beginning of a new trade route into Europe.TDR Trade To Black, presented by Prohibition Partners, explores how these stories reflect a larger global pattern — one where opportunity collides with bureaucracy, and markets are learning that cannabis expansion without structure is unsustainable.From Berlin’s cannabis clubs facing red tape to Australia’s quota reforms and Morocco’s emerging GMP industry, this episode breaks down what’s working, what’s failing, and what every investor, policymaker, and operator should watch next.#CannabisNews #GlobalCannabis #GermanyCannabis #AustraliaCannabis #MoroccoCannabis #CannabisIndustry #CannabisExports #CannabisPolicy #WeedStocks #TradeToBlackWant to see more Cannabis Reform videos?   • What the Data Really Say About Cannabis an...     • Raj Grover’s Plan for Global Expansion | T...     • Medical Cannabis Cuts Opioid Prescriptions...  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:sdales@thedalesreport.comPodcast 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...

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1 day ago
6 minutes 58 seconds

The Dales Report | Trade to Black
Cannabis Earnings Season Is Here — What Investors Need To Watch

Joining the show is Matt Karnes, CEO of GreenWave Advisors, sharing what investors should pay attention to as cannabis companies start reporting third-quarter results.We’re breaking down Verano Holdings (CBOE: VRNO / OTCQX: VRNOF) and its latest earnings, then previewing the four major operators reporting next week:• Curaleaf Holdings (TSX: CURA / OTCQX: CURLF)• Cresco Labs (CSE: CL / OTCQX: CRLBF)• Green Thumb Industries (CSE: GTII / OTCQX: GTBIF)• Trulieve Cannabis (CSE: TRUL / OTCQX: TCNNF)We’ll look at analyst expectations, margin trends, and which operators might show resilience as the market tightens across U.S. multi-state operators.This livestream focuses on data and direction — giving investors a clear view of where the cannabis industry stands heading into 2026.#TradeToBlack #CannabisIndustry #CannabisStocks #CannabisNews #WeedStocks #MarijuanaStocks #CannabisEarnings #Dutchie #Verano #MSOWant to see more Cannabis Reform videos?   • What the Data Really Say About Cannabis an...     • Raj Grover’s Plan for Global Expansion | T...     • Medical Cannabis Cuts Opioid Prescriptions...  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:sdales@thedalesreport.comPodcast 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...

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2 days ago
47 minutes 52 seconds

The Dales Report | Trade to Black
How Genomics Are Revolutionizing The Cannabis Plant

What happens when cannabis cultivation meets true genetic precision? As the industry moves beyond trial and error into data-driven breeding and disease prevention, we’re entering a new era of cultivation science — one that could redefine how growers scale, protect, and profit from the plant.TDR Trade To Black Podcast, presented by Advanced Nutrients, is launching a brand-new segment exploring the future of cannabis science and cultivation. Host Shadd Dales and co-host Anthony Varrell sit down with two of the most influential minds in cannabis genomics: Brendan McKernan, CEO of Medicinal Genomics and architect of CannMed, and Kevin McKernan, the genomic scientist who first sequenced Cannabis sativa. Together, they’re decoding how genomic mapping, pathogen defense, and AI-driven breeding are transforming the business of cannabis from the ground up.From protecting cultivars and IP to leveraging genetic insights for yield optimization, this episode dives into the real science shaping tomorrow’s cannabis industry. Whether you’re a grower, investor, or policy watcher, you’ll walk away with a clearer view of where cultivation is headed — and why genomic intelligence may be the next major growth engine.This discussion is about data, innovation, and practical steps toward smarter cannabis cultivation in a tightening global market.0:00:00 – Intro0:01:31 – Cannabis Science 0:02:22 – Genomics & Industry Challenges0:04:00 – Plant Patents & IP0:07:23 – Genetics on Blockchain0:09:03 – Smart Contracts & Proof0:11:10 – Medicinal Genomics Overview0:15:24 – Genetic Modification Debate0:25:16 – AI in Genomics0:30:00 – Sequencing Tech Advances0:33:13 – Cultivation Consistency Issues0:35:02 – Global Policy & CanMed0:39:26 – Clinical Trials & Research0:42:24 – Rescheduling Implications0:44:02 – Wrap-Up#CannabisCultivation #CannabisGenomics #MedicinalGenomics #TDRPodcast #AdvancedNutrients #CannabisScience #PlantGenetics #CannabisInnovation #Cannabis #Hemp #CannabisIndustry Want to see more Cannabis Reform videos?   • What the Data Really Say About Cannabis an...     • Raj Grover’s Plan for Global Expansion | T...     • Medical Cannabis Cuts Opioid Prescriptions...  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:sdales@thedalesreport.comPodcast 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...

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2 days ago
46 minutes 49 seconds

The Dales Report | Trade to Black
What the Data Really Say About Cannabis and Crime | TDR Cannabis in 5

TDR Cannabis in Five, presented by Dutchie, breaks down the real numbers behind cannabis and crime. Hosted by Shadd Dales, this episode explains the “four shocks” that upend years of assumptions: plummeting arrest rates, stable violent crime trends, improved clearance rates, and how closing dispensaries in some cities led to more neighborhood crime.The data come directly from peer-reviewed studies and government reports. Colorado recorded a 68% drop in marijuana arrests since 2012. Washington State saw adult possession convictions fall to near zero. Nationally, violent and property crime rates show no measurable increase tied to legalization, while low-level drug arrests have sharply declined.Overall, the evidence points to significant changes in enforcement priorities and criminal justice outcomes—but not the surge in crime many predicted. Arrests are down, conviction rates are minimal, and police resources are being redirected toward higher-level threats. The trend lines are consistent across multiple jurisdictions and time periods, showing that legalization reshaped enforcement patterns more than it changed community safety itself.#CannabisInFive #Dutchie #CannabisResearch #CrimeRates #CannabisLegalization #ShaddDales #CannabisPolicy #ColoradoCannabis #WashingtonState #CannabisNewsWant to see more Cannabis Reform videos?   • Raj Grover’s Plan for Global Expansion | T...     • Medical Cannabis Cuts Opioid Prescriptions...     • Could Massachusetts Reverse Legal Cannabis...     • Big Change Is Coming to Cannabis Over the ...  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:sdales@thedalesreport.comPodcast 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...

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3 days ago
8 minutes 46 seconds

The Dales Report | Trade to Black
Mike Tyson Hits Harrisburg: Cannabis Legalization in PA?

TDR’s Trade to Black podcast, presented by Dutchie, returns with hosts Shadd Dales and Anthony Varrell breaking down four major stories;Here's what they're covering: • Colombia just legalized the sale of psychoactive cannabis flower for medical use—what does this mean for LATAM operators and global exports?• Verano Holdings (CBOE: VRNO) released Q3 earnings: revenue dipped, margins held, and the company is signaling a leaner, more disciplined approach heading into 2026.• Verano and Vireo settled their long-standing lawsuit in British Columbia—$10M in value changes hands, and both sides walk away clean.• Mike Tyson showed up at the Pennsylvania Capitol this morning to push for adult-use legalization. Joining us live from Harrisburg is Ryan Burke, President of Tyson 2.0, to share what was said behind closed doors and what kind of feedback they got from lawmakers.0:00:00 – Intro0:01:32 – PA State Senate Meeting0:02:02 – Harrisburg Meeting Purpose0:04:30 – Cannabis Tax Debate0:06:49 – PA Legalization Timeline0:14:01 – Colombian Legalization Update0:17:33 – Verano Q3 Earnings0:20:31 – Earnings Calls Preview0:21:51 – Verano & Vireo Lawsuit0:23:34 – Hemp Policy Discussion0:29:13 – Hemp Market Concerns0:34:11 – Closing & Announcements#CannabisNews #TradeToBlack #VeranoHoldings #Tyson #CannabisFinance #CannabisLegalization #ColombiaCannabis #CannabisPolicy #CannabisInvesting #CannabisIndustryWant to see more Cannabis Reform videos?   • Raj Grover’s Plan for Global Expansion | T...     • Medical Cannabis Cuts Opioid Prescriptions...     • Could Massachusetts Reverse Legal Cannabis...     • Big Change Is Coming to Cannabis Over the ...  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:sdales@thedalesreport.comPodcast 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...

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4 days ago
38 minutes 43 seconds

The Dales Report | Trade to Black
Raj Grover’s Plan for Global Expansion | TDR Cannabis in 5

Can Canada still turn its early start in legal cannabis into a true global export advantage?A new Financial Post editorial argues the answer lies in medical cannabis exports — and that the next phase of Canada’s cannabis story might finally deliver the economic leadership the country has been chasing since 2018. But it’ll take smart policy, patient science, and industry leaders who think globally instead of fighting for scraps in a saturated domestic market.TDR Cannabis in Five, presented by Dutchie, breaks down how Canadian companies like High Tide (TSXV: HITI | NASDAQ: HITI) could help shape the next chapter of global cannabis trade — and what policymakers in Ottawa need to do right now to keep Canada competitive.From Germany’s fast-growing medical-cannabis imports to rising demand in Australia, Israel, and South America, the opportunity is real — if Canada can move quickly enough.Medical cannabis could be the bridge that reconnects innovation, credibility, and economic growth. The question is: will Canada take it?#CannabisNews #CanadaCannabis #HighTide #CannabisExports #RajGrover #MedicalCannabis #CannabisInvesting #Dutchie #TDRCannabisInFive #CannabisPolicyWant to see more Cannabis Reform videos?   • Medical Cannabis Cuts Opioid Prescriptions...     • Could Massachusetts Reverse Legal Cannabis...     • Big Change Is Coming to Cannabis Over the ...  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:sdales@thedalesreport.comPodcast 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...

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4 days ago
8 minutes 28 seconds

The Dales Report | Trade to Black
Medical Cannabis Cuts Opioid Prescriptions | TDR Cannabis in 5

A new peer-reviewed study just confirmed what many in the cannabis industry have long believed — legalizing medical marijuana leads to significant reductions in opioid prescriptions. But if the data is this clear, why are so many states still restricting access to medical cannabis and home cultivation?TDR Cannabis in Five, presented by Dutchie, breaks down the findings from researchers at the University of Southern California and Cornell University, who analyzed Medicaid prescription data from 2010 to 2020. They discovered that states with active medical cannabis programs — especially those allowing home-grow — saw the steepest declines in opioid use.The takeaway is undeniable: expanding safe, regulated access to cannabis isn’t just good policy, it’s a public-health win. Fewer opioid prescriptions mean fewer overdoses, fewer emergency visits, and more patients finding safer ways to manage chronic pain. Science now confirms what advocates have said for years — medical cannabis saves lives.#CannabisNews #MedicalMarijuana #OpioidCrisis #CannabisReform #CannabisResearch #Dutchie #TDRCannabisInFive #ShaddDales #HarmReduction #PublicHealthWant to see last week's recap?   • Pennsylvania Sets Stage for Adult-Use | TT...  Want to see more Cannabis Reform videos?   • Could Massachusetts Reverse Legal Cannabis...     • Big Change Is Coming to Cannabis Over the ...     • Pennsylvania Takes Major Cannabis Step | T...     • FLA State Officials Throw Out 200K Signatu...  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:sdales@thedalesreport.comPodcast 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...

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5 days ago
6 minutes 22 seconds

The Dales Report | Trade to Black
Trump DOJ Move Raises Questions | TDR Cannabis in 5

So here’s the question — why did the Department of Justice under President Trump ask the Supreme Court for more time in a case involving gun rights and marijuana users? On paper, it’s about firearm policy. But beneath it, this case could be a window into how the administration is sequencing federal cannabis reform — and what that means for the broader rescheduling process.TDR Cannabis in Five, presented by Dutchie, digs into what this move could signal for investors, operators, and the legal landscape ahead. Host Shadd Dales breaks down how cannabis rescheduling, gun ownership rights, and political timing all intersect — and why the Department of Justice’s latest filing might be part of a bigger plan to keep upcoming policy decisions consistent with expected cannabis law changes.At this stage, nothing’s off the table. Leave your comments below!#CannabisNews #TrumpAdministration #CannabisReform #DOJ #GunRights #Rescheduling #USCannabis #CannabisInvesting #Trump #CannabisIndustryWant to see last week's recap?   • Pennsylvania Sets Stage for Adult-Use | TT...  Want to see more Cannabis Reform videos?   • Could Massachusetts Reverse Legal Cannabis...     • Big Change Is Coming to Cannabis Over the ...     • Pennsylvania Takes Major Cannabis Step | T...     • FLA State Officials Throw Out 200K Signatu...  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:sdales@thedalesreport.comPodcast 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...

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5 days ago
7 minutes 45 seconds

The Dales Report | Trade to Black
Cannabis Growth Meets Cartel Chaos

Is Canada’s cannabis sector about to scale globally—and is rural America under siege from Chinese cartels? Tune in today at 4 PM ET for Trade To Black, presented by Dutchie, hosted by Shadd Dales and Anthony Varrell.Segment One: We kick off with Margaret Brodie, CEO of Rubicon Organics, who breaks down their new Health Canada license for the Cascadia facility in Hope, B.C. This move boosts Rubicon’s annual output by 40%, positions them for international expansion, and signals a major shift in premium cannabis strategy. Brodie shares timelines, branding updates, and what investors should expect in early 2026.Segment Two: Then we bring on Steve Robinson, Editor-in-Chief of The Maine Wire, whose investigation into Chinese drug cartels has exploded nationally. Since his July appearance on Tucker Carlson, Robinson’s work has been featured on the Shawn Ryan Show, and he’s received private feedback from law enforcement officials confirming the scale of cartel infiltration. His reporting has triggered calls for federal investigations, especially after exposing synthetic drugs like THC-P and 7-OH flooding gas stations. Robinson also reveals how absentee ballots were found in Amazon packages—raising new questions about election integrity.#RubiconOrganics #CannabisCanada#HealthCanadaLicense #TradeToBlack #SteveRobinson#ChineseDrugCartels #SyntheticDrugs #ElectionSecurity#TuckerCarlson #CannabisIndustry #CannabisNews #TrumpAdministrationWant to see last week's recap?   • Pennsylvania Sets Stage for Adult-Use | TT...  Want to see more Cannabis Reform videos?   • Could Massachusetts Reverse Legal Cannabis...     • Big Change Is Coming to Cannabis Over the ...     • Pennsylvania Takes Major Cannabis Step | T...     • FLA State Officials Throw Out 200K Signatu...  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:sdales@thedalesreport.comPodcast 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...

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5 days ago
1 hour 5 minutes 14 seconds

The Dales Report | Trade to Black
Jushi & MariMed Talk Pennsylvania Strategy

Pennsylvania could be the next big story in U.S. cannabis — and this time, it feels like something real is happening. With more than 440,000 medical patients, $1.7 billion in yearly sales, and a new Senate bill to create a Cannabis Control Board, the Keystone State looks like it’s quietly getting ready for adult-use legalization. But how close are we, really?On this episode of TDR Trade To Black, host Shadd Dales sits down with Trent Woloveck, Chief Strategy Officer at Jushi Holdings (OTCQX: JUSHF), and Ryan Crandall, Chief Commercial Officer at MariMed (CSE: MRMD), to talk through what’s actually going on behind the scenes. They cover Pennsylvania’s reform timeline, the fight over hemp-derived THC, and how both companies are positioning themselves for when the market finally opens up.From Jushi’s massive vertical footprint — with 18 dispensaries and a 160,000 sq ft grow — to MariMed’s brand-driven playbook built around Standard Farms, this panel gets into what legalization could mean for retail, consumers, and investors if rescheduling lands in 2025.Could Pennsylvania be the state that finally shifts national momentum? Let’s find out.#TradeToBlack #CannabisInvesting #PennsylvaniaCannabis #JushiHoldings #MariMed #CannabisReform #CannabisStocks #AdultUseCannabis #CannabisPolicy #ShaddDalesWant to see last week's recap?   • Pennsylvania Sets Stage for Adult-Use | TT...  Want to see more Cannabis Reform videos?   • Could Massachusetts Reverse Legal Cannabis...     • Big Change Is Coming to Cannabis Over the ...     • Pennsylvania Takes Major Cannabis Step | T...     • FLA State Officials Throw Out 200K Signatu...  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:sdales@thedalesreport.comPodcast 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...

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6 days ago
44 minutes 17 seconds

The Dales Report | Trade to Black
Pennsylvania Sets Stage for Adult-Use | TTB Weekly Recap

Florida’s cannabis legalization fight is heating up again. Election officials have invalidated more than 200,000 signatures from the Smart & Safe Florida campaign, sparking lawsuits and new political tension with Governor Ron DeSantis. Meanwhile, Pennsylvania just advanced a bill to create a Cannabis Control Board — a step toward regulating both medical and hemp-derived THC products. And on the federal side, the U.S. Supreme Court is set to hear a landmark case that could redefine gun rights for cannabis users.This is TDR Trade To Black, presented by Dutchie, where we break down the biggest stories shaping the cannabis industry every week. Host Shadd Dales covers the latest from Rubicon Organics and High Tide, along with major updates from Village Farms, Fluent, Planet 13, and hemp beverage brand Señorita. From courtroom battles to boardroom strategy, this week shows how fast cannabis policy and business are shifting — and which companies are adapting best.#MarijuanaIndustry #CannabisNews #CannabisIndustry #CannabisStocks #MarijuanaRescheduling #TrumpAdministration #GovernorDeSantis #FloridaCannabis #PennsylvaniaCannabisWant to see more Cannabis Reform videos?   • Could Massachusetts Reverse Legal Cannabis...     • Big Change Is Coming to Cannabis Over the ...     • Pennsylvania Takes Major Cannabis Step | T...     • FLA State Officials Throw Out 200K Signatu...  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:sdales@thedalesreport.comPodcast 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...

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1 week ago
9 minutes 5 seconds

The Dales Report | Trade to Black
Could Massachusetts Reverse Legal Cannabis? | TDR Cannabis in 5

Now here’s the big question — could Massachusetts actually roll back cannabis legalization? A new campaign is pushing to repeal major parts of the state’s adult-use law, claiming it’s led to impaired driving, youth access, and “quality-of-life” problems. But is this movement real, or just political noise in a market that’s already brought in more than $8 billion in legal cannabis sales?On TDR Cannabis in Five, presented by Dutchie, host Shadd Dales breaks down what’s really going on in Massachusetts — and what this could mean for the rest of the country. With states like North Carolina, Texas, and Pennsylvania all moving in different directions, the U.S. cannabis map has never looked more fractured.Here’s the bottom line: this campaign is unlikely to overturn legalization, but it’s part of a growing trend of political pushback that could shape future regulations. Even in mature markets, cannabis reform remains fragile — and investors are watching closely.#CannabisNews #MassachusettsCannabis #CannabisReform #TDRCannabisInFive #Dutchie #MorganAndMorgan #CannabisInvesting #USCannabisPolicy #MarijuanaIndustry#CannabisStocksWant to see last week's recap?   • DeSantis Admits Legalization Is Popular in...  Want to see more Cannabis Reform videos?   • Big Change Is Coming to Cannabis Over the ...     • Pennsylvania Takes Major Cannabis Step | T...     • FLA State Officials Throw Out 200K Signatu...  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:sdales@thedalesreport.comPodcast 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...

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1 week ago
9 minutes 5 seconds

The Dales Report | Trade to Black
Europe’s Cannabis Reform Momentum Builds | Cannabis in 5

The Netherlands could soon turn cannabis legalization into a national election issue — and that’s something Europe hasn’t seen in decades. Ten political parties are now backing full reform ahead of the October 29th vote, signaling that cannabis is no longer a fringe debate but a mainstream political priority. A legal market could generate over €1 billion annually while ending the grey-market confusion that’s defined the country’s coffee-shop model for years.This is the TDR Cannabis in 5 Weekly International Recap presented by Prohibition Partners. Host Shadd Dales covers how Europe’s reform wave is gaining real momentum — from Zurich extending its pilot program to 2028, to the UK re-examining its medical cannabis system, to Germany’s rapidly expanding cannabis club network.The message is clear: Europe is setting the tone for global legalization. The Netherlands, Switzerland, the UK, and Germany are building evidence-based frameworks that balance health, safety, and economics — defining what the next phase of global cannabis reform could look like.#CannabisNews #CannabisIndustry #NetherlandsCannabis #EuropeanCannabis #GermanyCannabis #SwissCannabis #UKCannabis #MedicalCannabis #CannabisClubs #GlobalLegalizationWant to see last week's recap?   • DeSantis Admits Legalization Is Popular in...  Want to see more Cannabis Reform videos?   • Big Change Is Coming to Cannabis Over the ...     • Pennsylvania Takes Major Cannabis Step | T...     • FLA State Officials Throw Out 200K Signatu...  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:sdales@thedalesreport.comPodcast 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...

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1 week ago
10 minutes 11 seconds

The Dales Report | Trade to Black
VA Under Pressure: Could Veterans Be Driving Federal Drug Reform?

Could the VA be the quiet catalyst for federal cannabis and psychedelic reform? With veterans caught between mental health struggles and fear of losing their benefits, pressure is mounting—and the Trump administration may be positioning the VA to lead the charge.TDR Trade To Black podcast presented by Dutchie features host Shadd Dales in conversation with Matthew “Whiz” Buckley, former TOPGUN fighter pilot and frequent guest on Fox News, Megyn Kelly, and CBS. Buckley shares what he’s hearing from inside the veteran community: that many are avoiding treatment because they worry the VA will cut off disability payments if they admit to using cannabis or psychedelics. He also opens up about the hidden brain injuries affecting Navy pilots and the fallout from Project Odin—a secret military program now under congressional review. With rumors swirling about cannabis rescheduling and expanded psychedelic access, the VA may be the testbed for a major federal shift.#CannabisPolicy #VeteransAffairs #PsychedelicMedicine#FederalReform #MatthewBuckley #CannabisNews #TrumpAdministration #MarijuanaRescheduling #PsychedelicStocks #CannabisStocks#MentalHealthPolicy #WashingtonInsider Want to see last week's recap?   • DeSantis Admits Legalization Is Popular in...  Want to see more Cannabis Reform videos?   • Big Change Is Coming to Cannabis Over the ...     • Pennsylvania Takes Major Cannabis Step | T...     • FLA State Officials Throw Out 200K Signatu...  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:sdales@thedalesreport.comPodcast 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...

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1 week ago
50 minutes 20 seconds

The Dales Report | Trade to Black
Big Change Is Coming to Cannabis Over the Next 12 Months | TDR Cannabis in 5

What will the cannabis industry look like 12 months from now?That’s the question investors, operators, and policymakers are asking as we head toward the 2026 midterms. Because depending on whether the DEA officially moves cannabis from Schedule I to Schedule III—or leaves it untouched—the next year could transform the industry in completely opposite ways.On TDR Cannabis in Five presented by Dutchie, host Shadd Dales breaks down two very different futures: one where rescheduling triggers growth, consolidation, and renewed investor confidence—and another where stagnation continues, valuations fall, and companies fight to survive. From banking access to 280E tax relief, M&A activity, and political momentum, every outcome ties back to whether rescheduling actually happens.Either way, the next 12 months are set to redefine cannabis investing in America. For professionals following federal reform, this episode offers clear, data-driven context—without hype, just facts—on what’s at stake for both the U.S. market and global capital entering the space.#CannabisInvesting #CannabisRescheduling #CannabisStocks #TrumpAdministration #CannabisPolicy #CannabisReform #DEA #ScheduleIII #CannabisIndustry #CannabisNews #MidtermsWant to see last week's recap?   • DeSantis Admits Legalization Is Popular in...  Want to see more Cannabis Reform videos?   • Pennsylvania Takes Major Cannabis Step | T...     • FLA State Officials Throw Out 200K Signatu...     • Trump’s Cannabis Delay Raises Alarms | TDR...     • Breaking Down Michigan’s Cannabis Tax Cris...  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:sdales@thedalesreport.comPodcast 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...

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1 week ago
7 minutes 45 seconds

The Dales Report | Trade to Black
Pennsylvania Takes Major Cannabis Step | TDR Cannabis in 5

Big news out of Pennsylvania — the state just took a major step closer to adult-use cannabis legalization.The Pennsylvania Senate Law and Justice Committee approved a bipartisan bill (10–1 vote) that would create a Cannabis Control Board, a new agency to oversee both the medical marijuana market and the unregulated hemp-derived THC market.Now, this bill doesn’t legalize recreational cannabis just yet — but it sets the stage. It’s about preparation, not speculation. For the first time, Pennsylvania is building the infrastructure needed for adult-use legalization to happen smoothly when lawmakers give the green light.On today’s TDR Cannabis in 5 presented by Dutchie, Shadd Dales breaks down what this means for the industry, patients, and investors — and why this bipartisan momentum signals that the question is no longer if legalization happens in Pennsylvania, but when.Because this time, it’s not about politics — it’s about planning.#Cannabis #Pennsylvania #Cannabis #CannabisNews #CannabisLegalization #AdultUseCannabis #PennsylvaniaCannabis #CannabisPolicy #CannabisReform Want to see last week's recap?   • DeSantis Admits Legalization Is Popular in...  Want to see more Cannabis Reform videos?   • FLA State Officials Throw Out 200K Signatu...     • Trump’s Cannabis Delay Raises Alarms | TDR...     • Breaking Down Michigan’s Cannabis Tax Cris...  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:sdales@thedalesreport.comPodcast 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...

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1 week ago
8 minutes 48 seconds

The Dales Report | Trade to Black
Fragmented Cannabis State Laws Fuel Investor Confusion

What happens when every state takes cannabis policy into its own hands? Today, we’re breaking down the growing patchwork of laws and agendas shaping the U.S. cannabis market — from Massachusetts’ repeal campaign and Ohio’s rollback bill to Pennsylvania’s new Cannabis Control Board and a viral LinkedIn post from MC Nutraceuticals CEO Brett Worley that’s shaken the hemp industry.The TDR Trade To Black Podcast presented by Dutchie, with host Shadd Dales and co-host Anthony Varrell, dives into how the absence of federal leadership is fueling confusion and volatility across the cannabis landscape. We’re covering how operators like Curaleaf Holdings (TSX: CURA / OTC: CURLF), Verano Holdings (CBOE: VRNO), Trulieve Cannabis (CSE: TRUL / OTC: TCNNF), Green Thumb Industries (CSE: GTII / OTC: GTBIF), Cresco Labs (CSE: CL / OTC: CRLBF), TerrAscend (TSX: TSND / OTC: TSNDF), MariMed (CSE: MRMD / OTC: MRMD), and Jushi Holdings (CSE: JUSH / OTC: JUSHF) are positioning amid political theatrics, policy rewrites, and regulatory overhauls. From hemp panic to state-level reform, this episode connects the dots on how fragmented cannabis policy continues to drive both risk and opportunity.No hype — just straight analysis. Until Washington defines a national THC standard, we’re going to keep seeing markets move in opposite directions, and today’s show unpacks exactly why that matters.#TradeToBlack #CannabisNews #Hemp #FarmBill #MitchMcConnell #MarijuanaRescheduling #CannabisStocks #CannabisIndustry #CannabisReform #HempIndustry #THCPolicy #CannabisInvesting Want to see last week's recap?   • DeSantis Admits Legalization Is Popular in...  Want to see more Cannabis Reform videos?   • FLA State Officials Throw Out 200K Signatu...     • Trump’s Cannabis Delay Raises Alarms | TDR...     • Breaking Down Michigan’s Cannabis Tax Cris...  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:sdales@thedalesreport.comPodcast 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...

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1 week ago
46 minutes 19 seconds

The Dales Report | Trade to Black
How Cannabis Lending Is Quietly Evolving

On the latest Trade To Black Podcast, host Shadd Dales and co-host Anthony Varrell sit down with Peter Sack, Managing Partner of Chicago Atlantic (NASDAQ: LIEN) — one of the key players shaping how cannabis companies actually get financed in 2025.Two weeks ago, Verano Holdings (CBOE: VRNO / OTCQX: VRNOF) locked in a $75 million credit facility led by Chicago Atlantic. It wasn’t about raising new money — it was about cleaning up old debt. Peter joins the show to unpack why that move matters, how balance sheet strategy is evolving, and what this deal says about where real capital is flowing in cannabis right now.They get into everything — from why Verano used real estate as collateral, to how lenders are pricing regulatory risk with rescheduling still hanging in the air, and what kind of operators Chicago Atlantic wants to work with next. You’ll walk away with a clearer view of how cannabis lending is shifting, how operators are keeping liquidity alive, and why this next phase of the industry feels a lot more like grown-up capital markets than the hype era we left behind.#MarijuanaRescheduling #TradeToBlack #CannabisStocks #CannabisNews #ChicagoAtlantic #VeranoHoldings #VRNO #VRNOF #CannabisInvesting #CannabisFinance #MSOs #CannabisLendingWant to see last week's recap?   • DeSantis Admits Legalization Is Popular in...  Want to see more Cannabis Reform videos?   • FLA State Officials Throw Out 200K Signatu...     • Trump’s Cannabis Delay Raises Alarms | TDR...     • Breaking Down Michigan’s Cannabis Tax Cris...  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:sdales@thedalesreport.comPodcast 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...

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1 week ago
26 minutes 46 seconds

The Dales Report | Trade to Black
FLA State Officials Throw Out 200K Signatures, Here’s Why | TDR Cannabis in 5

What happens when a state government tries to throw out more than 200,000 voter signatures tied to a cannabis legalization campaign?That’s exactly what’s unfolding in Florida, where the state’s top legalization group is suing the government — claiming officials unlawfully invalidated petitions for the 2026 ballot initiative.In today’s episode, we break down why Smart & Safe Florida filed the lawsuit, how this could derail legalization before voters even see it, and what it reveals about the politics of cannabis reform in one of the nation’s most influential states.TDR Cannabis in 5 presented by Dutchie looks at the full story — from John Morgan’s leadership and funding power, to Governor Ron DeSantis’ opposition, to the billions of dollars at stake if adult-use legalization finally passes. This case could become a national precedent, showing how state officials can use technicalities to stall reform efforts.Because in cannabis, the fight isn’t just about laws — it’s about who controls the process.#FloridaCannabis #JohnMorgan #CannabisReform #SmartAndSafeFlorida #TradeToBlack #TDRPodcast #Dutchie #CannabisInvesting #MarijuanaMoment #LegalizationWant to see last week's recap?   • DeSantis Admits Legalization Is Popular in...  Want to see more Cannabis Reform videos?   • Trump’s Cannabis Delay Raises Alarms | TDR...     • Breaking Down Michigan’s Cannabis Tax Cris...     • Trump's 60-Day Cartel War Could Reshape Ca...     • Cannabis Stock BREAKTHROUGH on Robinhood |...  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:sdales@thedalesreport.comPodcast 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...

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1 week ago
9 minutes 15 seconds

The Dales Report | Trade to Black
We are a business news platform that provides the latest and best insight into the stories that make headlines worldwide. From cannabis to psychedelics, crypto and more, we give institutional and retail investors an inside edge in the competitive world of investing. And we profile companies that are making waves in their ever-growing industries. We are The Dales Report. The information provided in this podcast is for educational purposes only and should not be considered as financial or investment advice. Listeners are encouraged to conduct their own research and co