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Virginia’s Moment of Truth | FDA Shakeup Raises Big Questions | TTB Presented by Flowhub
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In our latest Trade To Black podcast presented by Flowhub, hosts Shadd Dales and Anthony Varrell break down yet more encouraging news for the cannabis industry, pluse psychedelics as well.In segment one, the guys discuss the appointment of Michael Davis to lead the FDA’s Center for Drug Evaluation and Research following major leadership shakeups inside the agency. Why does this matter? Because Davis has deep experience in psychiatric drug development and psychedelic-based therapeutics at a time when Compass Pathways (NASDAQ: CMPS) is rapidly moving toward potential FDA approval for COMP360.The show also dives into the latest earnings from Safe Harbor Financial (NASDAQ: SHFS), which delivered one of its cleanest quarters in years with strong lending growth, and improving balance sheet metrics.Plus in segment two, Michael Bronstein from the American Trade Association for Cannabis and Hemp joins the show as all eyes turn toward Virginia. Governor Abigail Spanberger is expected to make a decision later this week on the state’s adult-use cannabis retail bill, and after lawmakers rejected several of her proposed amendments, the veto risk appears very real.Leave your comments and don't forget to like and subscribe!00:00:00 Victoria Day intro FDA shakeup and psychedelics angle00:02:17 Cannabis stocks manipulation on Canadian market holidays00:03:59 MSOS MSOX and key cannabis names price action recap00:06:15 Why psychedelic FDA leadership changes matter for Compass00:09:58 Compass Pathways earnings takeaways and phase 3 progress00:12:31 The real market size for treatment resistant depression00:14:46 Safe Harbor Financial earnings and cannabis lending model00:20:39 DEA licenses Schedule III and interstate commerce reality00:23:41 Why SAFE Banking may soon be irrelevant for cannabis00:31:15 How federal rescheduling could reshape legalization path00:47:00 SAM and prohibitionist strategy ahead of June DEA hearing00:58:45 Virginia’s deadline and political risk for adult use bill#CannabisStocks #Psychedelics #CompassPathways #SafeHarborFinancial #VirginiaCannabis #ScheduleIII #CannabisNews #TradeToBlack #FDA #CannabisReformWant to see last week's recap?🎬 • Georgia Expands Medical Cannabis, Earnings... Want to see more Cannabis Reform?🎬 • Cannabis Momentum Is Suddenly Building - H... 🎬 • Cannabis Rescheduling Faces Legal Question... 🎬 • Congress Tr