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📈 The Industry is ALIVE 📈

GM Everyone,

Benzinga came and went this week and one thing is for certain, the cannabis industry is a live and well. We got to meet with pretty much all of the movers and shakers in the space and for the first time in a while it felt like the sector was on solid footing. The conversations were imaptful and the vibes were high which we cant wait to share with you tomorrow on the livestream.

Today’s letter can be read in 6 minutes and 56 seconds. 

  • Gallup polling is finding impactful data from cannabis users

  • German legalization efforts are hitting some speed bumps

  • SAFE potential saving grace (the stablecoin bill) is live

  • Rep. Cardenas gave us a heartfelt argument for cannabis legalization

Capital Markets this Morning:

The futures are up this morning. Here is what is in focus globally for stocks:

  • Declining oil prices and global economic tension eased inflation worries, helping stabilize markets.

  • TSMC reported strong earnings amid AI demand, positively impacting tech stocks.

  • The Fed maintained its stance on high interest rates, contrasting ECB's potential rate cuts.

  • Major U.S. earnings reports and central bank speeches are set to shape market direction today.

Cannabis Poll: New Gallup Poll Insights on Cannabis Use

The TDR Takeaway:  Gallup conducted a survey of 6,386 Americans, asking: "Keeping in mind that this is confidential, how many days in the last month have you used cannabis products (such as smoking marijuana, vaping liquid THC, or consuming baked goods or gummies) to alter your mood and help you relax?" Review the survey details and consider their implications for the upcoming election. For additional details, visit the TDR website.

Cannabis In Germany: Challenges along the path for Germany’s Cannabis Legalization

The TDR Takeaway:  The implementation of cannabis legalization in Germany has encountered various challenges, which was somewhat expected given the swift changes in regulations. Large projects, including government initiatives like this one, often face unexpected complications. Regions such as Bavaria are showing resistance, some are perplexed, and the judicial system, already burdened, now faces additional concerns regarding individuals incarcerated for marijuana-related charges. For more details, visit the TDR website! 

Psychedelics: Regulatory Review Published Essays from Psychedelic Thought Leaders

The TDR Takeaway: The Regulatory Review has gathered scholars from across the globe to discuss various approaches to psychedelic regulation. These psychedelic thought leaders examine different regulatory models, aiming to balance safety with access to psychedelic drugs in six essays. These institutions include Harvard, Pennsylvania, Washington, Manchester, Melbourne, and Roger Williams. Learn about the six essays and we will work to summaries them for our readers. For more information, read about it on the TDR website!

Crypto: Payment Stablecoin Act's Regulatory Framework

The TDR Takeaway: Yesterday, there was the introduction of the Payment Stablecoin Act by the U.S. Senators Kirsten Gillibrand and Cynthia Lummis is a significant step in regulating digital currencies, particularly stablecoins. Wanna understand its intended purpose? For more information, read about it on the TDR website!

AI: How AI is Changing Coding via GitHub Copilot

The TDR Takeaway: GitHub Copilot, Microsoft's AI-powered coding assistant, has changed software development by boosting productivity. Developed in collaboration with OpenAI, GitHub Copilot has quickly transitioned from an experimental tool to a critical resource for over 1.3 million users and 50,000 companies. Wanna learn more about the ChatGPT for coding? Read about it on the TDR website!

How to Make a Difference in Cannabis Policy with Rep. Cardenas

In Wednesday episode of TDR's Trade To Black podcast, we're premiering a special fireside chat with Representative Cárdenas from Washington, DC. Tune in for a clear, insightful discussion about what's really holding back the cannabis narrative, how we can influence decisions on cannabis, and the unmatched value of first-hand experience. Don't miss this deep dive with California's Rep. Cárdenas—an essential conversation for anyone interested in cannabis policy. For more information, view the video on YouTube!

Monday’s Interviews on Capitol Hill were Fantastic!

The TDR Takeaway: Join us on TDR's Trade To Black podcast today as we take you on our journey throughout Washington, DC. This video features more than 7 Senators and Representatives who will discuss the current state of affairs with Cannabis reform in Washington, DC. We asked about their thoughts on the SAFE Banking Act and whether they anticipate the DEA recommending cannabis rescheduling to Schedule III. Don’t miss this vital update—get the facts directly from Capitol Hill. For more information, view the video on YouTube!