In our latest Trade to Black podcast, presented by Flowhub, hosts Shadd Dales and Anthony Varrell kick off a busy episode with Raj Grover, Founder and CEO of High Tide (NASDAQ: HITI) (TSXV: HITI), breaking down the company's record-breaking third fiscal quarter of 2026. High Tide posted record revenue of $198.8 million, up 33% year-over-year, record gross profit of $52.7 million, record Adjusted EBITDA of $16.2 million, record net income of $12.7 million, and $7.0 million in free cash flow, putting the company on an annualized revenue run rate of approximately $800 million. Canna Cabana now holds a 14% retail market share in the provinces where it operates excluding British Columbia, up from 13% a year ago, while Remexian distributed a record 10.2 tonnes of medical cannabis in Germany during the quarter.Grover also gives his take on High Tide's U.S. strategy, the company has said it's actively assessing whether broader federal rescheduling could create a pathway for exchange-listed companies like itself to participate directly in the U.S. state-legal adult-use market while maintaining its NASDAQ and TSXV listings. In segment two, the Vantage Standard segment presented by Vantage continues with Dr. Paul Shields, Chief Medical Officer at Vantage Hemp. We outline real clinical and compliance questions behind Schedule III, the difference between certifying and prescribing, the looming six-month DEA registration window, who actually screens patients for drug interactions at the dispensary counter, and why rescheduling doesn't automatically mean insurance coverage. Florida's medical-only program, now entirely under Schedule III, serves as a live case study.In segment three, Adam Stettner, CEO of FundCanna, returns for his weekly appearance to unpack the fallout from this week's DEA news, where ALJ Derek Julius paused his recommendation, not the underlying hearing itself. Adam shares what he's hearing from operators, banks, lawyers, and accountants since the news broke, plus his own general counsel's read that opponents are using this as a delay tactic.#Cannabis #DonaldTrump #Stocks #Weed #StockTrading #Finance #ScheduleIII #CannabisIndustry #CannabisNews #Investing #Drugs #HighTideWant to see more Cannabis Reform?🎬 • What the DEA Stay Actually Means | TDR Can... 🎬 • PA Senator Proposes Regulated Hemp Market ... 🎬 • Cannabis Rescheduling's Next Step: Making ... Want to stay updated on Cannabis, Small Cap, AI, and Crypto?Subscribe to our Daily Baked newsletter:https://newsletter.thedalesreport.com...Find us on social media and podcast platforms:✅ 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, contact:sdales@thedalesreport.comPodcast Disclaimer (Financial Interests)The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of any company, organization, or employer. The content is provided for informational and entertainment purposes only and should not be taken as financial, investment, or legal advice.The hosts and/or guests may hold positions in the companies, stocks, or financial instruments discussed during the show. These holdings should not be considered endorsements or recommendations to buy or sell any securities. Listeners are encouraged to do their own research or consult with a qualified financial advisor before making any investment decisions.By listening to this podcast, you agree that the hosts, guests, and producers are not liable for any decisions made based on the information discussed.Full Disclosures: https://thedalesreport.com/website-te...