Chinese Cannabis Network Exposed: Spotlight on Illegal Grows
On this episode of Trade to Black, Shadd Dales and Anthony Varrell break down the testimony from top law enforcement, policy experts, and lawmakers, including Representative Troy Carter (D-LA), who challenged prohibition and called for federal cannabis reform. We’ll share our takeaways from a US House hearing on Chinese illegal cartel-linked cannabis grows. Trent Woloveck, Chief Strategy Officer of Jushi Holdings (OTCQB: JUSHF), joins us to share what this means for licensed operators and why compliance has never been more critical. Plus, Dan from The Chart Guys breaks down this week’s cannabis stock price action and what to watch for next week.
Congress just held a dramatic hearing, “Invasion of the Homeland: How China is Using Illegal Marijuana to Build a Criminal Network Across America,” which spotlights the scale and impact of illegal cannabis operations tied to Chinese transnational networks. Witnesses described thousands of unlicensed grows, sophisticated money laundering, human trafficking, and threats to national security—with Oklahoma singled out for up to 12,000 illegal operations.
The hearing’s focus on Chinese criminal infiltration, straw ownership, and exploitation of state laws has huge implications for both the legal cannabis market and investors. Trent Woloveck, Chief Strategy Officer of Jushi Holdings (OTCQB: JUSHF), joins us to share what this means for licensed operators.
Dan McDermitt from The Chart Guys breaks down this week’s cannabis stock price action. While MSOS remains in a daily downtrend, senior listed names like SNDL and High Tide are holding sideways better. Find out what’s moving and what to watch for next week.
Tune in for expert analysis, market impact, and what this means for the future of the cannabis industry in this Friday episode.
