Episode Details

Shadd Dales and Anthony Varrell break down two high-impact cannabis stories this week—one from Canada, the other from Texas.First up, Rubicon Organics (TSXV: ROMJ) is showing real financial progress. The company reported $12.4 million in Q1 revenue, a 39% year-over-year increase, and posted $0.7 million in adjusted EBITDA, turning around last year’s loss. Rubicon also captured 5.1% of Canada’s premium flower and pre-roll market and 14.7% of the resin vape category—clear signs that its disciplined, brand-first strategy is working in a market still under pressure from excise taxes and oversupply.Shifting to the U.S., Texas lawmakers are pushing forward with Senate Bill 3, a sweeping hemp ban that could dismantle the legal market. Thomas Winstanley, EVP of Edibles.com, joins the show to break it down. He warns the bill could eliminate 6,300+ small businesses, wipe out 40,000 jobs, and fuel a dangerous gray market—while doing little to protect consumers.This episode covers policy, profits, and the real stakes of poor legislation.0:00:00 Podcast IntroductionMargaret Brodie Interview0:02:24 Rubicon Organics Q1 Earnings0:03:37 Financial Performance and Strategy0:10:19 All-in-One Vape Product Strategy0:12:55 Market Trends and Product Categories0:13:47 Government and Regulatory Outlook0:22:37 International Export Opportunities0:28:23 Introduction of Canadian Excise Tax discussion0:30:13 Thomas from Edibles.com joins the podcast0:31:57 Texas SB3 & hemp product ban0:40:40 Potential solutions for Texas hemp0:45:02 Potential impact of THC rescheduling0:49:39 Proposed solutions hemp regulation0:55:43 Hemp industry normalization0:57:29 Tariffs & Upcoming Interviews1:00:49 Outro#CannabisNews #RubiconOrganics #TexasHempBan #CannabisPolicy

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