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What Does Terry Cole's DEA Leadership Mean for the Cannabis Industry? | Trade to Black

The Dales Report 4,183 2 weeks ago
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Coming up on our latest Trade To Black Podcast at 4 PM EST, Shadd Dales and Anthony Varrell will be joined by Beena Goldenberg, CEO of Organigram (NASDAQ: OGI), to discuss their latest earnings. Organigram reported a 17% increase in net revenue to $42.7 million for Q1 Fiscal 2025, up from $36.5 million in the same period last year. International sales grew by $2.3 million, and adjusted EBITDA rose to $1.4 million from $0.1 million. Additionally, Trent Woloveck, Chief Strategy Director from Jushi (OTC: JUSHF), will join us to talk about the new appointment of Terry Coleas the head of the DEA under the Trump administration. Jushi has a strong presence in the Virginia medical cannabis market, leveraging its background to build a relationship with the Cannabis Control Authority (CCA). This relationship became even more significant with Cole's appointment, as he previously served as Virginia's Secretary of Public Safety and Homeland Security. Together, they have worked on initiatives to ensure safe and effective cannabis use in Virginia. With Terry Cole's appointment as head of the DEA, Attorney General Pam Bondi will work closely with Cole to ensure that the Department of Justice (DOJ) aligns with the President's priorities, ultimately making decisions that focus on the administration's agenda. This approach aims to eliminate perceived biases and promote a unified strategy in line with Trump's vision. 0:01:22 – RFK News Beena Goldenberg's interview 0:03:25 – Organigram Earnings Report 0:06:05 – Growth & Market Share 0:09:07 – Canada & Germany Supply 0:15:36 – Partnerships & Rec Market 0:17:09 – Investment & Expansion 0:18:38 – Germany's Market Growth 0:19:57 – Closing & Outlook Trent Woloveck's Interview 0:22:48 – Jushi 0:24:40 – Terry Cole's Influence 0:26:35 – Medical vs Adult-Use 0:34:04 – Fentanyl & Policy Impact 0:39:59 – Virginia Market & Politics 0:44:17 – Trump & Cannabis Policy 0:50:51 – Safety & Economic Benefits #dea #trump #trumpadministration #DOJ #CannabisRescheduling #Organigram #cannabis #marijuana #terrycole #pambondi Want to see more Cannabis Reform videos? https://youtu.be/hLdIoz44RIE https://youtu.be/oqiMmYDwBEI https://youtu.be/CvNTPdf8euI https://www.youtube.com/watch?v=SmOwbwlWso4 Want to be updated on Cannabis, Small Cap, AI, and Crypto? Subscribe to our Daily Baked in Newsletter! https://newsletter.thedalesreport.com/subscribe Find us as well on Facebook, Twitter, Instagram, LinkedIn and on the Web: Facebook: https://www.facebook.com/TheDalesReport Twitter: https://twitter.com/TheDalesReport Instagram: https://www.instagram.com/dalesreport LinkedIn: https://www.linkedin.com/company/the-dales-report/ Apple Podcasts: https://tinyurl.com/TDRTradetoBlackonApplePodcasts Spotify: https://tinyurl.com/TDRTradeToBlackonSpotify Website: https://thedalesreport.com/ For copyright matters, please get in touch with us at: [email protected] All 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-terms-of-use/

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