VideoCannabisPodcastsTrade To Black

Michael Bronstein Talks 2025 Expectations For The Farm Bill

By Shadd Dales On Nov 26, 2024

In this episode of the Trade To Black podcast for Monday, November 25, 2024, hosts Shadd Dales and Anthony Varrell will talk about loopholes in the Farm Bill with Michael Bronstein from ATACH. We will also take a look at the incoming state by state bans and the prospects for what the language can look like as it relates to the impending Farm Bill update. In New Jersey, there are some major headlines related to insurance coverage and some thoughts on SAM and the DEA.

In some groundbreaking news out of New Jersey, employees in three municipalities are being offered benefits for medical marijuana through the company Bennabis. This initiative is not insurance coverage, but it is a benefit that gives discounts and access for medical cannabis. This could be an important step in influencing other states and normalizing cannabis use for therapeutic purposes.

RFK Jr.’s vocal support for cannabis and psychedelics could signal upcoming broader acceptance of these substances in the United States. We’ll explore his potential influence over federal agencies like the FDA and HHS if he gains a political platform.

Michael Bronstein, president of ATACH, joins the discussion to analyze the Farm Bill’s impact on hemp and cannabis. The current bill’s failure to regulate final products has created a loophole for synthetic THC products, which presents public safety concerns. Bronstein predicts these issues will be addressed in future Farm Bill revisions, likely by 2025.

There are complexities in regulating THC products derived from hemp and cannabis. Bronstein suggests a model similar to the alcohol industry, where low-dose hemp products are sold in general retail, while higher-potency cannabis products remain in dispensaries. This approach, he argues, could simplify regulations and better align consumer expectations. State-level efforts to consolidate regulatory bodies are already showing promise in improving oversight and expertise.

We’ll also look at the fragmented regulatory environment at the state and federal levels and more, on this episode.

Shadd Dales

Shadd Dales is the Founder and President of The Dales Report and has an extensive background in the business media industry.

His work translates into over 15 years in mainstream media that included roles with BNN Bloomberg, CTV Properties and the iHeart Radio Network.

Shadd is considered one of the leading on air talents in both the cannabis and psychedelic space and has interviewed some of the most notable CEO names in the industry.

Shadd’s vision is to establish a content platform that is equivalent to a mainstream broadcast produced in a format that is relevant for today’s investor.