Episode Details

In the latest TDR Trade to Black Weekly Recap, presented by Flowhub, host Shadd Dales breaks down a pivotal week for the cannabis sector, with Canada firmly in the spotlight and capital markets showing renewed selectivity across North America.The episode begins with a detailed look at High Tide (NASDAQ: HITI | CSE: HITI), which closed fiscal 2025 with record revenue, expanding retail margins, and positive free cash flow. The company’s loyalty-driven retail model and growing international exposure through Germany continue to separate it from peers in a competitive Canadian landscape.Attention then turns to Cannara Biotech (TSX-V: LOVE), which delivered one of the cleanest quarters in the sector, marked by strong margin expansion, internally funded growth, and disciplined production scaling in Québec.On the biotech front, Cardiol Therapeutics (NASDAQ: CRDL | TSX: CRDL) announced a $14.85 million financing, extending its runway as it advances late-stage cardiovascular clinical programs. The raise is positioned as a strategic funding step rather than a balance-sheet rescue.The episode also covers Trulieve Cannabis (CSE: TRUL | OTCQX: TCNNF), which successfully completed a $200 million senior secured debt raise, signaling improving access to institutional credit for high-quality U.S. operators.Additional highlights include Glass House Brands (OTCQX: GLASF) adding a senior executive from Heineken USA to its board, Nextleaf Solutions (CSE: OILS | OTCQB: OILFF) delivering a sharp operational turnaround, and a cultural milestone as Chicago’s United Center begins selling THC beverages at live events.The recap closes with an update on federal reform speculation following comments from former Congressman Matt Gaetz, with a reminder that formal rulemaking — not headlines — will ultimately define the outcome.#CannabisStocks #CannabisInvesting #HighTide #CannaraBiotech #Trulieve #GlassHouseBrands #CanadianCannabis #CannabisReform #CannabisRetail #TradeToBlack☑️ Subscribe for more videos using this link:   / @thedalesreport  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:

Listen Now