Welcome to our latest Trade to Black podcast where we discuss the pivoting momentum in the cannabis space as the U.S. Department of Health and Human Services (HHS) speeds up its proceedings to review the category of cannabis and settle the reclassification of the substance as early as this year. Is this finally happening and is this the best catalyst yet for the industry?
We also break down the potential benefits of rescheduling to the current status of MSOs and smaller companies in the space, possible government and market outlooks, and how the final verdict would affect both legal and illegal markets.
The FDA aims to finalize reclassification as soon as possible, and if cannabis will be rescheduled or totally descheduled in 6 months or less, will SAFE banking approval still be significant, is the industry forecasting a bullish market, and what can investors anticipate from the industry?
Here’s the latest.
Time Stamps:
0:00 – 3:47 Re-scheduling Over SAFE Banking
3:48 – 5:04 5.7m Sales Momentum
5:05 – 5:46 De-schedule Better Than Re-schedule
5:47 – 7:06 Market Resurgence Upon Junking 280e
7:07 – 8:46 New Federal Tax Code?
8:47 – 09:46 Impacts of Black Market
9:47 – 11:07 Consumer Education on Unsafe Products
11:08 – 14:16 How Black Market Thrives
14:17 – 17:52 High Tide’s Positive Earnings Report
17:53 – 20:00 Population Triggers Long-term Sale
20:01 – 23:39 Sports Commision Removes Cannabis Ban
23:40 – 24:45 MAPS Conference Expects 10,000 Practitioners
24:46 – 25:32 Matter Over Money
25:33 – 27:30 Numinus & MAPS Partnership
27:31 – 29:39 $19,580 to Cure PTSD?!
29:40 – 32:55 Pandemic, War Uncovers Mental Health Crisis
32:56 – 35:22 Questions to Ask: Triggers and Cures to PTSD
35:23 – 38:09 NBA Championship Recap
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Written by Shadd Dales
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