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  • MSOs Are Thriving — But Is the Rest of the Industry Falling Behind? | TTB Presented by Flowhub

    MSOs Are Thriving — But Is the Rest of the Industry Falling Behind? | TTB Presented by Flowhub
    Apr 17 2026
    The cannabis industry just wrapped another earnings season, and one theme continues to dominate: cash flow is king. But while the largest MSOs are posting some of their strongest cash‑flow numbers to date, the broader industry isn’t experiencing the same momentum.In today’s Trade to Black presented by Flowhub, FundCanna CEO Adam Stettner returns to break down what’s really happening beneath the surface. Adam has spent the past several months meeting with operators across the country — public and private, small and mid‑sized — and a clear pattern is emerging. Many companies understand what a healthier cash‑flow model looks like, and some even have the right pieces in place, yet they remain hesitant to take the final steps that would strengthen their financial position.This isn’t about blame — it’s about understanding the psychology, the pressure, and the operational realities that shape decision‑making in a still‑maturing industry. And it matters, because the health of the cannabis ecosystem is interconnected. When smaller and mid‑tier operators struggle, the ripple effects reach everyone, including the top‑performing MSOs.#CannabisInvesting #CannabisIndustry #MSOs #CashFlow #FundCanna #CannabisFinance #EarningsSeason #CannabisBusiness #TDR #TradeToBlackWant to see more Cannabis Reform videos?🎬 • Virginia Cannabis Plan Faces New Changes |... 🎬 • Texas Hemp Ban Hit With Legal Pause | TDR ... 🎬 • RFK Jr. & Dr. Oz Move to Dismiss CBD Medic... 🎬 • Cannabis Rescheduling Isn’t Delayed It Jus... 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: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 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...
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    1 h et 1 min
  • Senator Rand Paul Pushes New Hemp Bill | TDR Cannabis in 5

    Senator Rand Paul Pushes New Hemp Bill | TDR Cannabis in 5
    Apr 17 2026
    There’s a new development out of Washington that’s getting a lot of attention—especially on the hemp side of the industry.In the latest TDR Cannabis in Five presented by Flowhub, host Shadd Dales breaks down a proposed bipartisan bill led by Senator Rand Paul aimed at protecting hemp products from potential federal restrictions.On the surface, the message is about protecting farmers, jobs, and consumer access. But inside the cannabis industry, the conversation goes a bit deeper.Because for years, a large part of the hemp market has grown around a loophole tied to the 2018 Farm Bill—allowing intoxicating products like delta-8, delta-10, and THCA flower to be sold outside of the regulated cannabis system.Now, with a federal crackdown expected later this year, that model is being challenged.This segment looks at what this new bill is actually trying to do—and more importantly, what it doesn’t address.Is this about creating a real regulatory framework for hemp products?Or is it an attempt to preserve parts of the market as they currently exist?That’s where the focus shifts.Because the bigger issue isn’t whether hemp should be protected—it’s how it should be regulated moving forward.For operators and investors, this is another sign that the industry is moving toward clearer rules. The question now is what those rules will look like—and who they benefit.#CannabisNews #HempIndustry #Delta8 #THCA #CannabisPolicy #CannabisStocks #USCannabis #MarijuanaNews #TDR #FlowhubWant to see more Cannabis Reform videos?🎬 • Virginia Cannabis Plan Faces New Changes |... 🎬 • Texas Hemp Ban Hit With Legal Pause | TDR ... 🎬 • RFK Jr. & Dr. Oz Move to Dismiss CBD Medic... 🎬 • Cannabis Rescheduling Isn’t Delayed It Jus... 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: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 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...
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    5 min
  • Virginia Cannabis Plan Faces New Changes | TDR Cannabis in 5

    Virginia Cannabis Plan Faces New Changes | TDR Cannabis in 5
    Apr 16 2026
    There’s a new update out of Virginia—and it’s an important one if you’ve been following the path toward adult-use cannabis.In the latest TDR Cannabis in Five presented by Flowhub, host Shadd Dales breaks down where things stand after Governor Abigail Spanberger returned the adult-use bill with a set of proposed amendments.The original legislation laid out a clear framework for launching retail sales after years of legal possession without a regulated market. Now, those amendments are changing some key pieces—including delaying the launch timeline, reducing the number of retail licenses, increasing taxes down the road, and adding new enforcement provisions.That’s led to pushback from multiple sides.Some lawmakers feel the amendments shift the balance of what was originally agreed upon. At the same time, industry participants—including MSOs, smaller operators, and hemp businesses—are all weighing in, and in many cases, they’re aligned in questioning parts of the revised approach.And that’s what makes this moment worth watching.You’ve got different parts of the industry—groups that don’t always agree—now speaking with a similar tone when it comes to how this market should be structured.From here, lawmakers will decide whether to accept the amendments, reject them, or let the bill stall altogether.So this isn’t the final step—but it’s an important one.Because the decisions made here will shape how Virginia approaches adult-use cannabis heading into 2027.#CannabisNews #VirginiaCannabis #CannabisPolicy #AdultUseCannabis #CannabisIndustry #MSOS #CannabisInvesting #MarijuanaNews #TDR #FlowhubWant to see more Cannabis Reform videos?🎬 • Texas Hemp Ban Hit With Legal Pause | TDR ... 🎬 • RFK Jr. & Dr. Oz Move to Dismiss CBD Medic... 🎬 • Cannabis Rescheduling Isn’t Delayed It Jus... 🎬 • How Media Gets the Cannabis Youth Conversa... 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: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 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...
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    6 min
  • Who’s Ready for Post-280E Cannabis? | TTB Presented by Flowhub

    Who’s Ready for Post-280E Cannabis? | TTB Presented by Flowhub
    Apr 15 2026
    In the latest Trade To Black podcast presented by Flowhub, hosts Shadd Dales and Anthony Varrell sit down with Terry Mendez, CEO of Safe Harbor Financial (NASDAQ: SHFS), to understand what happens next as cannabis moves closer to federal reform.The focus here is simple—who’s actually ready for a post-280E world?Because if cannabis is rescheduled to Schedule III, the removal of 280E would completely change the financial picture for operators. Lower tax burdens, stronger cash flow, and healthier balance sheets all sound great—but not every company is built to take advantage of that shift.We break down the difference between operators that are already running like real businesses—with proper financials, compliance, and banking relationships—and those that may get exposed once the industry moves into a more traditional financial system.There’s also a look at the hemp side of the market, especially with growing momentum toward tighter federal rules on intoxicating hemp products. If that happens, a lot of those operators may be forced into the same regulatory framework as cannabis—and that comes with a very different level of financial scrutiny.The big takeaway: this industry is moving toward normalization—but that doesn’t mean everyone is prepared for it.#CannabisStocks #CannabisInvesting #SafeHarbor #SHFS #CannabisBanking #280E #CannabisNews #MSOS #CannabisPolicy #CannabisReschedulingWant to see more Cannabis Reform videos?🎬 • Texas Hemp Ban Hit With Legal Pause | TDR ... 🎬 • RFK Jr. & Dr. Oz Move to Dismiss CBD Medic... 🎬 • Cannabis Rescheduling Isn’t Delayed It Jus... 🎬 • How Media Gets the Cannabis Youth Conversa... 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: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 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...
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    53 min
  • Texas Hemp Ban Hit With Legal Pause | TDR Cannabis in 5

    Texas Hemp Ban Hit With Legal Pause | TDR Cannabis in 5
    Apr 15 2026
    There’s a new development out of Texas that’s worth paying attention to—especially if you’ve been following the hemp side of the industry.In the latest TDR Cannabis in Five presented by Flowhub, host Shadd Dales walks through what just happened after the state rolled out new hemp rules at the end of March that targeted products like THCA flower and other smokable hemp.Those rules were set to take a big portion of products off shelves—but now a judge has stepped in and temporarily paused enforcement.So for the time being, those products are back on the market.From there, the conversation shifts to what this actually means. This isn’t a final decision—it’s a temporary pause while the court reviews whether regulators went too far and moved beyond what lawmakers approved.And that’s really the bigger story here.Texas is just one example of something happening across the country right now—states trying to tighten up hemp rules, while the industry pushes back on how those rules are being implemented.As this plays out, courts are starting to get involved more often—and that’s adding a new layer to how policy actually develops.For operators and investors, it creates a situation where things can change quickly.What’s allowed today might not look the same a few weeks from now—and that’s something the market is going to have to adjust to.#CannabisNews #HempIndustry #THCA #CannabisPolicy #TexasHemp #CannabisStocks #MarijuanaNews #CannabisInvestinWant to see more Cannabis Reform videos?🎬 • RFK Jr. & Dr. Oz Move to Dismiss CBD Medic... 🎬 • Cannabis Rescheduling Isn’t Delayed It Jus... 🎬 • How Media Gets the Cannabis Youth Conversa... 🎬 • Idaho Lawmakers Fighting to Keep Medical C... 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: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 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...
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    6 min
  • Virginia Amendment + MSOs Face New Reality in 2026 | TTB Presented by Flowhub

    Virginia Amendment + MSOs Face New Reality in 2026 | TTB Presented by Flowhub
    Apr 15 2026
    In the latest Trade To Black podcast presented by Flowhub, hosts Shadd Dales and Anthony Varrell sit down with Anthony Coniglio, CEO of NewLake Capital Partners (OTCQB: NLCP), for a high-level conversation that cuts straight through where the cannabis industry actually stands today.This episode connects two sides of the story investors need to understand right now — policy shifts and real company performance.On the policy front, Massachusetts is moving to expand dispensary caps and restructure its Cannabis Control Commission, signaling a push toward consolidation in a mature market. Meanwhile, Virginia is still on track for adult-use, but with a slower rollout and tighter controls, reinforcing that execution and patience matter just as much as market entry.On the business side, the conversation breaks down what the latest earnings from major U.S. operators are really telling us. Names like Green Thumb (CSE: GTII / OTCQX: GTBIF), Trulieve (CSE: TRUL / OTCQX: TCNNF), Curaleaf (TSX: CURA / OTCQX: CURLF), Cresco Labs (CSE: CL / OTCQX: CRLBF), Glass House Brands (CSE: GLAS / OTCQX: GLASF), and Jushi Holdings (CSE: JUSH / OTCQX: JUSHF) are no longer being judged on growth alone — it’s about margins, cash flow, and balance sheet strength.The takeaway is simple: this has become a cash-flow-driven industry. The companies that can execute, manage costs, and stay disciplined are starting to separate from the rest.#CannabisStocks #MSOS #CannabisInvesting #CannabisNews #USCannabis #StockMarket #GreenThumb #Trulieve #Curaleaf #TDRWant to see more Cannabis Reform videos?🎬 • RFK Jr. & Dr. Oz Move to Dismiss CBD Medic... 🎬 • Cannabis Rescheduling Isn’t Delayed It Jus... 🎬 • How Media Gets the Cannabis Youth Conversa... 🎬 • Idaho Lawmakers Fighting to Keep Medical C... 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: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 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...
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    49 min
  • RFK Jr. & Dr. Oz Move to Dismiss CBD Medicare Lawsuit | TDR Cannabis in 5

    RFK Jr. & Dr. Oz Move to Dismiss CBD Medicare Lawsuit | TDR Cannabis in 5
    Apr 14 2026
    In the latest TDR Cannabis in Five presented by Flowhub, Shadd Dales breaks down an important update on the lawsuit tied to the Medicare pilot program for hemp-derived cannabinoid products.This is a story we’ve been following — and now the federal government has officially responded.Robert F. Kennedy Jr. and Dr. Mehmet Oz are asking the court to dismiss the lawsuit brought forward by Smart Approaches to Marijuana (SAM). Their argument is simple — the groups behind the case aren’t directly affected by the program, which means they may not have the legal standing needed to move forward.If the court agrees, the case could be shut down early.But the bigger picture here is what this program represents.The proposed Medicare pilot would allow eligible patients to access hemp-derived cannabinoid products, including CBD and low-dose THC, with potential annual coverage.That’s a meaningful shift — because it brings cannabinoid-based products into a federal healthcare framework.At the same time, there are still questions around regulation, product standards, and how this fits within existing federal policy.So while this is still early — it’s something the industry should be paying attention to.Bottom line — this case could determine how quickly cannabinoid products move into healthcare conversations at the federal level.#CannabisNews #CBD #THC #CannabisPolicy #Healthcare #Medicare #CannabisIndustry #TDR #CannabisStocks #LegalNewsWant to see more Cannabis Reform videos?🎬 • Cannabis Rescheduling Isn’t Delayed It Jus... 🎬 • How Media Gets the Cannabis Youth Conversa... 🎬 • Idaho Lawmakers Fighting to Keep Medical C... 🎬 • Missouri Moves to Ban Hemp THC Products | ... 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: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 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...
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    5 min
  • Texas Hemp Ban Paused as Legal Fight Escalates | TTB Presented by Flowhub

    Texas Hemp Ban Paused as Legal Fight Escalates | TTB Presented by Flowhub
    Apr 13 2026
    In this Trade To Black livestream presented by Flowhub, host Shadd Dales and Anthony Varrell sit down with Michael Bronstein, President of the American Trade Association for Cannabis and Hemp, for another round of the Weekly Insider’s Edge — and there’s a lot happening right now.First up — Texas.A judge has officially paused new rules that would have banned smokable hemp products like THCA flower. That’s a significant move, and it makes one thing very clear: this fight is far from over. Expect it to play out state by state for a while.On the federal side, things are getting interesting too.RFK Jr. and Dr. Mehmet Oz are pushing to dismiss a lawsuit trying to block a Medicare pilot program connected to hemp-derived CBD and low-dose THC. That’s not a small thing — it signals that cannabinoids are quietly working their way deeper into the healthcare system, legal battles and all.Plus, news out of Minnesota where retail chain Target just secured 72 new licenses to sell hemp-derived THC drinks across all of its stores in the state, making it the single largest holder of lower-potency hemp edible licenses in the state.And finally, Mike Tyson is expanding Tyson 2.0 with a cannabis consumption lounge opening April 20 at 733 Flatbush Avenue in Brooklyn. This isn’t just a retail play — it’s an experience-first model built around brand identity and what today’s cannabis consumer actually wants.Log on and leave your comments!#CannabisNews #Hemp #CannabisPolicy #THCA #CannabisIndustry #MikeTyson #CannabisLounge #CBD #TDR #CannabisStocksWant to see last week's recap?🎬 • Cannabis Rescheduling: Execution Now the S... Want to see more Cannabis Reform videos?🎬 • Cannabis Rescheduling Isn’t Delayed It Jus... 🎬 • How Media Gets the Cannabis Youth Conversa... 🎬 • Idaho Lawmakers Fighting to Keep Medical C... 🎬 • Missouri Moves to Ban Hemp THC Products | ... • What’s Really Happening With Cannabis Resc... 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: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 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...
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    1 h et 4 min