Texas Hemp Ban, SAFE Banking Turmoil & Curaleaf Expands: This Week in Cannabis | Trade to Black

Описание: On the latest Trade To Black podcast, host Shadd Dales unpacks a big week in cannabis—highlighting policy crackdowns, digital reform, and major corporate shifts across the U.S. and Canada.

The headline out of Texas: Senate Bill 3 has passed, heading to Governor Greg Abbott’s desk. If signed, it will effectively outlaw all THC-containing hemp products—making hemp possession punishable by up to one year in jail, while marijuana possession carries only six months. Critics warn this could devastate a market worth $8 billion, eliminating over 50,000 jobs and crushing small businesses. Advocates are preparing legal challenges, while the state’s medical marijuana program (TCUP) continues to expand slowly.

In New York, regulators launched a new “Buy Legal” digital map that connects consumers to licensed dispensaries. Early signs show it’s working—legal cannabis sales jumped 105% in areas targeted by enforcement efforts.

Meanwhile in D.C., the SAFE Banking Act may be attached to the GENIUS Act, though pushback from Smart Approaches to Marijuana (SAM) remains strong.

On the corporate front, C21 Investments, VEXT Science, and Curaleaf all reported retail expansion, while Apollo Technology Capital is calling for a board overhaul at MediPharm Labs. And in Los Angeles, Woody Harrelson’s cannabis lounge was hit by a smash-and-grab.


#CannabisNews #TexasHempBan #CannabisInvesting #SAFEBanking #CannabisPolicy #CanadianCannabis #Curaleaf #VEXTScience #C21Investments #HighTide


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