Why Q4 Could Matter For Cannabis and Psychedelics | TTB Presented by Flowhub

In our latest Trade to Black podcast, presented by Flowhub, hosts Shadd Dales and Anthony Varrell bring in Dan Ahrens, Managing Director and Chief Operating Officer of AdvisorShares, to talk through what’s happening in the psychedelic sector. Ahrens covers the recent inflows into the AdvisorShares Psychedelics ETF (NYSE Arca: PSIL), a move that follows Eli Lilly’s (NYSE: LLY) acquisition of Atai Beckley (NASDAQ: ATAI) last week along with recent data out of Compass Pathways (NASDAQ: CMPS) and Definium Therapeutics (NASDAQ: DFTX). He also shares his reaction to the ALJ hearing, what he expects the outcome to be, and how that ruling could ripple through cannabis equities heading into the fourth quarter. In segment two, FundCanna CEO Adam Stettner joins the show to break down the new bipartisan Lawful Hemp Protection Act, introduced in Washington yesterday by Republican Andy Barr and Democrat Angie Craig. We get into the bill’s proposed tax structure, a 5% federal retail tax plus a separate tax on THC-based beverages, and use it as a jumping-off point for a broader conversation on what sensible taxation for the hemp industry should actually look like. LIke, subscribe, and leave your comments! 00:00:00 Why Q4 could be huge for cannabis and psychedelics 00:03:30 White House signals on the Barr hemp bill and smokable hemp concerns 00:07:20 Eli Lilly’s Atai deal and why psychedelics ETFs are waking up 00:12:00 How Dan structures his psychedelics ETF and trims Atai after the deal 00:16:30 ALJ hearing, rescheduling, and why “no one cares” about cannabis stocks yet 00:21:45 What rescheduling really means for banking, FinCEN, and state programs 00:27:40 True Leave and Glass House on NYSE and the coming wave of uplistings 00:33:10 New bipartisan hemp bill breakdown: age gates, synthetics, and framework 00:38:30 The hidden 5% hemp tax problem and why it could crush hemp beverages 00:45:10 How overtaxation fuels the illicit market (Laffer curve and cannabis) 00:52:40 GTI, Senorita, and the rise of THC beverages at mainstream events 00:59:30 FundCanna data: what faster repayments and redraws say about the market #Cannabis #CannabisNews #CannabisIndustry #MSOS #CannabisStocks #CannabisEquities #Psychedelics #PsychedelicStocks #CompassPathways #ALJ #ALJHearing #CannabisRescheduling #Hemp #HempIndustry #HempBan Want to see more Cannabis Reform? 🎬    • Does This Hemp Bill Actually Fix Anything?...   🎬    • Cannabis Support Didn’t Drop — Here’s What...   🎬    • Why Cannabis Companies Are Backing Trump |...   🎬    • The DEA Hearing Is Over. Now What? | TDR C...   Want to stay updated on Cannabis, Small Cap, AI, and Crypto? Subscribe to our Daily Baked newsletter: https://newsletter.thedalesreport.com... Find us on social media and podcast platforms: ✅ Facebook:   / thedalesreport   ✅ Twitter:   / thedalesreport   ✅ Instagram:   / dalesreport   ✅ LinkedIn:   / the-dales-report   Apple Podcasts: https://tinyurl.com/TDRTradetoBlackon... Spotify: https://tinyurl.com/TDRTradeToBlackon... Website: https://thedalesreport.com/ For copyright matters, contact: [email protected] Podcast Disclaimer (Financial Interests) The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of any company, organization, or employer. The content is provided for informational and entertainment purposes only and should not be taken as financial, investment, or legal advice. The hosts and/or guests may hold positions in the companies, stocks, or financial instruments discussed during the show. These holdings should not be considered endorsements or recommendations to buy or sell any securities. Listeners are encouraged to do their own research or consult with a qualified financial advisor before making any investment decisions. By listening to this podcast, you agree that the hosts, guests, and producers are not liable for any decisions made based on the information discussed. Full Disclosures: https://thedalesreport.com/website-te...