• Cannabis Stock Earnings Surge 35%, Texas and D.C. Updates

  • Apr 29 2025
  • Duración: 1 h y 1 m
  • Podcast

Cannabis Stock Earnings Surge 35%, Texas and D.C. Updates

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  • In our latest Trade To Black podcast, host Shadd Dales and Anthony Varrell break down the latest developments in the cannabis industry, including updates on SAFE Banking progress and how the top cannabis stocks performed today.First, Cannara Biotech (TSXV: LOVE) reported record Q2 2025 earnings, showing strong momentum across several areas. CFO Nick Sosiak will be joining us to walk through the results. Highlights include net revenues of $26.6 million, a 35% increase year-over-year. Gross profit before fair value adjustments rose 52% to $10.8 million, with gross margins improving to 41%. Cannara also posted its sixteenth consecutive quarter of positive Adjusted EBITDA, more than doubling to a record $7.1 million, up 102% from Q2 2024. National market share expanded to 3.9%, with key growth in Québec, Ontario, and Alberta. Operationally, the company added two new grow zones, boosting total active canopy to over 300,000 sq. ft.Later, Michael Bronstein, President of the American Trade Association for Cannabis and Hemp, joins us to discuss Texas hemp industry developments, adult-use cannabis progress in Pennsylvania, and feedback from the WSWA’s fly-in to Washington lobbying for D9 beverages.#Cannabis #CannabisReform #SafeBanking #Marijuana #Banking #FederalLegalization #CannabisStocks #CannabisNews #MarijuanaStocks #CannabisTrendsWant to see last week's recap? • Trump’s Cannabis Push Headlines Bigge... Want to see more Cannabis Reform videos? • Will TRUMP Legalize Marijuana Banking... • Cannabis Culture, 4/20 History, and t... • Can Cannabis Stocks Stay Resilient Am... • Hemp Market Chaos: Is It Time for a C... Want to be updated on Cannabis, Small Cap, AI, and Crypto? Subscribe to our Daily Baked in Newsletter!https://newsletter.thedalesreport.com...Find us as well on Facebook, Twitter, Instagram, LinkedIn and on the Web: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, please get in touch with us at:sdales@thedalesreport.comAll views on the Trade To Black podcast and the guests on this podcast are purely opinions. You should not treat any opinions expressed by us or our guests as investment advice. The views on this podcast are solely intended to be informational and are not investment advice. Please go to our website for a full list of disclosures and details of any client relationship we have. https://thedalesreport.com/website-te...
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