In this episode of Trade To Black, host Shadd Dales and co-host Anthony Varrell react to the latest wave of cannabis rescheduling rumors—and fresh comments from Senator Jeff Merkley (D-OR), who just confirmed what many feared: the SAFER Banking Act is still stuck in gridlock.
Merkley says bigger headline items like war and reconciliation bills are taking up all the oxygen in Congress. While he’s hopeful for action “sooner than later,” GOP co-sponsor Bernie Moreno doesn’t expect anything until fall.
That’s left the industry asking: Does SAFE need to pass before cannabis banking becomes real—or could Trump step in with an executive order or tie it to crypto banking reform? Right now, the silence from the White House is deafening.
Michael Bronstein, President of the American Trade Association for Cannabis and Hemp, also joins the show to weigh in on key state battles. He breaks down whether Pennsylvania is on track for adult-use legalization—and what’s really behind the political fight in Texas between Governor Greg Abbott and Lt. Governor Dan Patrick, who made headlines for saying: “I’m not going to legalize marijuana. If voters don’t like that, so be it.”
The episode also touches on a new University of Pittsburgh study showing anxiety is now the top reason for medical marijuana use in Pennsylvania, while New York’s cannabis program is focusing on equity and Latino ownership, even as rollout problems persist.
Other headlines covered:
– AYR Wellness making a senior note interest payment to avoid default
– A six-year cannabis facility licensing battle in Missouri
– Plus YouTube coverage on Mike Tyson urging Trump on cannabis reform, Senator Rand Paul fighting a hemp ban, and a crackdown on medical marijuana in Florida.
Stream now to learn more.
#CannabisBanking #SAFERBankingAct #CannabisRescheduling #TrumpCannabis #CryptoBanking #TexasCannabis #NewYorkWeed #PennsylvaniaCannabis #MedicalMarijuana
Want to see last week’s recap?
https://youtu.be/c1zj2VKKOM4
Want to see more Cannabis Reform videos?
https://youtu.be/kri2DrFHPE0
https://youtu.be/kPSxxnNWI4k
https://youtu.be/Ey5RNsqRATE
https://youtu.be/lhJRhaCogVA
https://youtu.be/GMfEZUd3r8E
https://youtu.be/Za7hhaZt6Ss
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