Episode Details

Shadd Dales and Anthony Varrell dive into one of the biggest stories shaking up the cannabis and hemp space—Texas is on the verge of dismantling its $4 billion hemp industry.The Texas House just passed a bill that would ban nearly all hemp-derived THC products, including delta-8 and THCA flower. With more than 8,000 licensed businesses and tens of thousands of jobs at stake, this move is being seen as a full-scale crackdown. The bill now heads to Governor Greg Abbott’s desk, and all signs point to him signing it into law. The irony? Many of these products were legalized under the 2018 Farm Bill signed by President Donald Trump, making this a dramatic reversal from that administration’s stance on hemp.Joining us to make sense of it all is Michael Bronstein, President of ATACH (American Trade Association for Cannabis and Hemp). He breaks down what this could mean for the future of hemp regulation, and how it might impact multi-state cannabis operators across the U.S.We’re also joined by Dan from The Chart Guys, who takes us through this week’s cannabis stock price action, with a spotlight on Village Farms (VFF) as a top mover.0:00:00 Intro0:02:06 Texas hemp industry regulation0:05:59 GTI and Agrify IP sale0:08:31 Texas psychedelic research initiative ($50 million for veterans)Michael Bronstein Interview0:10:19 Texas hemp ban0:36:56 Potential ripple effects of Texas ban on other states0:41:06 Farm Bill and potential regulatory changes0:49:03 Wrap-up & industry perspectivesChartguy Segment0:52:39 Daily Movers with Chartguy0:53:03 Village Farms ($VFF) stock analysis0:55:19 VFF support and resistance levels0:56:10 $CGC (Canopy Growth) stock0:57:44 Cronos ($CRON) stock0:59:14 Review of Organigram ($OGI) stock1:00:37 TerrAscend ($TSNDF) stock overview1:02:03 Discussion of Psychedelic ETF ($PSIL) performance1:05:20 - VFF cash deal and spin-off details1:06:14 - Brief personal anecdote about Texas