Hemp Ban Delayed, Rescheduling Still Waits | TTB Weekly Recap

In our latest Trade to Black Weekly Recap, presented by FRE, host Shadd Dales breaks down a busy week across cannabis and psychedelics, still no word yet on the ALJ’s rescheduling recommendation, but plenty happening everywhere else, from Washington to Florida to a heated fight between two major MSOs.The House officially passed legislation delaying the federal hemp THC ban to December 11, voting 370-48 following the Senate’s 90-6 approval. That buys the industry time to build a real regulatory framework, since synthetic cannabinoids not capable of being naturally produced by the plant are still on track to face recriminalization November 12 regardless. In Florida, weekly sales data shows the state’s medical market moving over 426 million milligrams of THC and roughly 9,250 pounds of flower in a single week, with Trulieve (NYSE: TRLV) still holding roughly 26% of statewide THC volume, while Green Thumb Industries (CSE: GTII) (OTCQX: GTBIF) and privately held Sunburn Cannabis post standout per-store productivity numbers.On the M&A side, the split between Schedule III medical cannabis and Schedule I adult-use is reshaping who becomes a buyer versus a target, with Vireo Growth (CSE: VREO) (OTCQX: VREOF), Cresco Labs (CSE: CL) (OTCQX: CRLBF), TerrAscend (TSX: TSND) (OTCQX: TSNDF), Verano (Cboe CA: VRNO) (OTCQX: VRNOF), and Green Thumb all positioned differently depending on leverage and uplisting potential. The Curaleaf (TSX: CURA) (OTCQX: CURLF) and Aurora Cannabis (TSX: ACB) (NASDAQ: ACB) fight got more personal too, with Aurora rejecting the hostile bid and Curaleaf’s Boris Jordan firing back hard. In psychedelics, Clearmind Medicine began Phase IIa trials for CMND-100 targeting alcohol use disorder.00:01:12 — Hemp THC Ban Delayed to December 1100:02:47 — Florida Medical Cannabis Market Update00:04:16 — Rescheduling & Cannabis M&A00:05:37 — Curaleaf-Aurora Hostile Takeover Heats Up00:06:33 — Clearmind Launches Phase 2A Psychedelic Trial00:07:21 — Wrap-up#CannabisIndustry #CannabisRescheduling #HempBan #Curaleaf #AuroraCannabis #Trulieve #GreenThumbIndustries #FloridaCannabis #CannabisMA #FREWant to see more Cannabis Reform?🎬    • McConnell vs. Paul: Hemp’s Kentucky Divide...  🎬    • Trump Signs Bill Delaying Hemp THC Ban | T...  🎬    • Could Cannabis Reform Boost the GOP in Mid...  🎬    • Hemp Industry Gets a One-Month Lifeline | ...  Want to stay updated on Cannabis, Small Cap, AI, and Crypto?Subscribe to our Daily Baked newsletter:https://newsletter.thedalesreport.com...Find us on social media and podcast platforms:✅ 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, contact:[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 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 made based on the information discussed.Full Disclosures: https://thedalesreport.com/website-te...