Trade To Black Podcast with Anthony Varrell is back with another packed episode covering the biggest stories shaping the cannabis industry, multi-state operators, and hemp regulation. Michael Bronstein, President of the American Trade Association for Cannabis and Hemp breaks down the latest on Virginia cannabis, the evolving regulatory backdrop, and the implications of the pending Texas THCA flower ban. In our second segment both Ziad Ghanem and Jason Wild from TerrAscend (TSX: TSND) hop on to discuss the company’s latest earnings, operational performance, strategic priorities, and what investors should be watching next.
Michael Bronstein, president of the American Trade Association for Cannabis and Hemp, leads off with a state-level policy update. The most immediate development was a 10-to-1 committee vote in Pennsylvania advancing SB 49, a bill that would establish an independent cannabis control board to regulate all THC products in the state, including intoxicating hemp. Bronstein points to Virginia’s adult use bill passing to the governor’s desk as a potential catalyst for Pennsylvania, drawing a parallel between how Virginia’s deal came together and how Pennsylvania might ultimately close its own.
On Texas, Bronstein confirmed the March 31st THCA flower ban appeared set, expressing skepticism that pending legal challenges would succeed given the executive order underpinning the rulemaking. As lawmakers and regulators continue to crack down on intoxicating hemp and THCA products, this conversation dives into what it could mean for operators, consumers, and the broader cannabis and hemp markets.
From margin trends to market expansion and capital allocation, this segment offers a closer look at one of the industry’s most closely followed operators. If you follow cannabis stocks, MSOs, hemp regulation, THCA, Texas cannabis policy, Virginia cannabis news, or TerrAscend earnings, this is an episode you do not want to miss.
