The Dales Report | Trade to Black

Shadd Dales and Anthony Varrell take you to Fort Lauderdale, Florida, for an exclusive conversation with Sunburn Cannabis CEO Brady Cobb at the company’s flagship dispensary. Once you see this place, it’s easy to understand why Sunburn has become one of the top-quality cannabis brands in the state. Brady shares the evolution of Sunburn, which took off after acquiring MedMen stores in August 2022....

Shadd Dales and Anthony Varrell are joined by former NBA player and CEO of Viola Brands, Al Harrington, along with Avicanna (TSX: AVCN) CEO, Aras Azadian. The episode discusses the partnership between Viola Brands, led by Al Harrington, and Avicanna, focusing on cannabis-based medicines. Harrington will highlight the changing stigma around cannabis and its benefits for athletes, noting the NBA&#39...

Shadd Dales welcome back Jushi Holdings (OTCQX: JUSHF) CEO Jim Cacioppo to get a better understanding of why the cannabis company has upside potential and the key growth states they’re focusing on that present those opportunities. Jushi’s Growth & Expansion Strategy: Focus on Ohio, Pennsylvania & VirginiaJushi continues its impressive expansion while optimizing operations. The company has...

Shadd Dales and Anthony Varrell join Big Mike from Advanced Nutrients to discuss the importance of rescheduling cannabis in the US and EU markets. They'll discuss the global impact of rescheduling and the differences in cultivation and technology between the US and Europe. Big Mike will share that Advanced Nutrients' sales are up 40-46% from last February, having already broken their first...

On our latest Trade to Black podcast, host Shadd Dales and co-host Anthony Varrell break down the latest earnings reports from key cannabis companies, including TerrAscend (TSX: TSND) & Ayr Wellness (OTC: AYRWF), and what their latest numbers mean for both company’s moving forward. Next, Jushi Holdings Inc. (OTCQX: JUSHF) CEO Jim Cacioppo will join us. Jushi, a company with over 50% of its dis...

On our latest Trade To Black Podcast, hosts Shadd Dales and Anthony Varrell welcome in Rubicon Organics’ CEO, Margaret Brodie, to discuss the company’s latest move in the cannabis sector. Rubicon Organics (OTCQX: ROMJF) has entered a purchase and sale agreement with Medipharm Labs Inc., acquiring a 47,500-square-foot indoor cultivation facility in Hope, British Columbia, valued at $4.5 million CAD...

On our latest episode of the Trade to Black Podcast, host Shadd Dales and cohost Anthony Varrell recap some of the latest earnings reports from last week involving major cannabis companies, including Green Thumb Industries, Trulieve, and Verano Holdings. We touch on the reasons why the top MSO's in the cannabis industry make up over 70% allocation of AdvisorShares ETF MSOSPlus, Jamie Pearson, form...

On the latest Trade to Black podcast, host host Shadd Dales is joined by Anthony Coniglio, CEO of NewLake Capital Partners (OTC: NLCP), and Frank Colombo, CFA at Viridian Capital Advisors. The trio will outline the important metrics that you should be paying attention to during this earnings season for the cannabis industry. They’ll go beyond the macro level and educate us on cannabis companies cu...

Shadd Dales welcomes back Kim Rivers, CEO of Trulieve (OTC: TCNNF), to discuss the company's latest Q4 and 2024 earnings. Plus, we'll cover the latest developments in the cannabis industry in Florida, both on the business and political fronts, and what Rivers learned most during the #yeson3 campaign for Amendment 3, which would have legalized adult-use cannabis in the state. Finally, we'll touch o...

Host Shadd Dales is joined by Finn Hänsel, CEO of Sanity Group, to discuss the recent German election held on February 23rd and its implications for the cannabis industry in Germany. News broke on Sunday that the conservative CDU/CSU party, led by Friedrich Merz, won the election. There have been rumours that the party opposes cannabis legalization and aim to repeal the Cannabis Act, which could s...

On our latest Trade To Black podcast, Shadd Dales will be joined by Matt Hawkins, the Founder and Managing Partner of Entourage Effect Capital. Entourage Effect Capital manages a private cannabis fund and has invested over $140 million in more than 60 cannabis companies, driving industry growth and innovation across various sectors. They’ll discuss the following:1. Trends he sees in institutional...

On our latest Trade To Black Podast, host Shadd Dales and Anthony Varrell review three major headlines shaking up politics and finance this week. First, we’ll discuss how Alice Marie Johnson, once serving a life sentence, has been tapped as President Donald Trump’s new “pardon czar.” Could this role foreshadow a cannabis-friendly shift at the White House, or is it just optics? Next, we discuss the...

On our latest episode of Trade To Black, hosts Shadd Dales and Anthony Varrell are joined by David Culver, Senior Vice President of the United States Cannabis Roundtable, to break down some of the biggest developments in the cannabis industry this week, including a major shakeup in the Trump administration that could impact cannabis reform. Earlier this week, former President Donald Trump nominate...

On our latest Trade To Black podcast, hosts Shadd Dales and Anthony Varrell are joined by Eric Berlin from Dentons to discuss the rescheduling of cannabis. One of the topics they will delve into is whether President Donald Trump and the Trump administration can enact a direct ruling for cannabis rescheduling, instead of going through the prolonged ALJ (Administrative Law Judge) hearing. Eric will...

Shadd Dales and Anthony Varrell are joined by Beena Goldenberg, CEO of Organigram (NASDAQ: OGI), to discuss their latest earnings. Organigram reported a 17% increase in net revenue to $42.7 million for Q1 Fiscal 2025, up from $36.5 million in the same period last year. International sales grew by $2.3 million, and adjusted EBITDA rose to $1.4 million from $0.1 million. Additionally, Trent Woloveck...

In this episode of the Black Podcast hosts Shadd Dales and Anthony Varrell dive talk cannabinoids. They’ll discuss how the category has evolved into a macro trend within the broader cannabis and consumer goods industries. Jerry Griffin, VP of Sales and Marketing at BayMedica—a leading supplier of cannabinoid ingredients and a subsidiary of InMed Pharmaceuticals, which trades on the NASDAQ under th...

Shadd Dales and Anthony Varrell are once again joined by Shane Pennington, Partner at Porter Wright Morris & Arthur LLP, to talk about the ongoing ALJ Hearing related to rescheduling cannabis in the United States of America. We'll ask if there have been any updates, if the Trump administration could go for a direct ruling on the rescheduling of cannabis, and if so, what would need to happen in...

Shadd Dales breaks down the biggest cannabis industry developments of the week. From major legislative moves to company earnings, there’s plenty to cover—so if you’re ready for a quick halftime break from the Super Bowl, we’ve got you covered. We will begin with the Senate Banking Committee, which held a pivotal hearing on debanking, closely watched by the cannabis industry. While the focus was on...

Shadd Dales and Anthony Varrell sit down with Tim Seymour, host of CNBC's Fast Money, CIO of Seymour Asset Management and portfolio manager for cannabis ETF CNBS (NYSEARCA: CNBS). Tim is viewed as a pioneer for the cannabis industry who brought cannabis investing into the mainstream conversation. As one of the first broadcasters on CNBC to openly discuss the cannabis sector, Tim helped legitimize...

On our latest Trade To Black Podcast, Saphira Galoob, Executive Director of the United States Cannabis Roundtable, will join us to discuss the latest news from Washington, D.C., regarding the Senate Banking Hearing, where she was present live today. We'll break down the biggest takeaways and what cannabis investors should interpret from today's hearing, knowing that cannabis was mentioned multiple...

Shadd Dales and Anthony Varrell welcome in Peter Sack, the managing partner of Chicago Atlantic (NASDAQ:REFI). This episode delves into a company that has invested over $1.6 billion in the cannabis industry and has become a key financier for the marijuana sector. We’ll learn about one of the leading lending companies in the overall cannabis industry and how their planning to deploy capital moving...

Ayr Wellness announced the dismissal of CEO David Goebert back in November 2024. Since then, it remained unclear who would lead the multi-state operating cannabis company in 2025. Newly appointed President of Ayr Wellness (OTC: AYRWF), George DeNardo, will join us to discuss the direction of the company in 2025. Like most cannabis stocks in the industry, Ayr Wellness saw its share price tumble aft...

This weeks episodes includes a pivotal moment for the cannabis industry, with major developments unfolding at both the state and federal levels. RKF’s hearing appears to be on track for confirmation as Secretary of Health and Human Services, marking another win for the Trump administration. RFK has advocated for cannabis rescheduling and even potential descheduling, but the process is far from com...

On the latest Trade To Black podcast, hosts Shadd Dales and Anthony Varrell welcome in Tyler Beuerlein, Chief Strategic Business Development Officer at Safe Harbor Financial (NASDAQ: SHFS). With extensive experience in the cannabis industry, Beuerlein has facilitated over half a billion dollars in transactions and helped open 1,000 cannabis bank accounts. He believes that the catalysts to break th...

on our latest Trade To Black Podcast, “Big” Mike Straumietis from Advanced Nutrients hops on with us again to discuss the challenges the cannabis industry will face in 2025 from a cultivation standpoint. He emphasizes the need for companies to focus on quality over quantity. With Amendment 3 failing to pass in Florida for Adult Use Cannabis, many Florida operators, especially big MSOs, are showing...