On today’s Trade To Black Podcast presented by Flowhub, hosts Shadd Dales and Anthony Varrell celebrate Trulieve’s (NYSE: TCNNF ) first full trading day since its IPO. We summarize how the stock is trading, where the volume is concentrated and the main advantage of the first day’s price action. In the first segment, Michael DeGiglio, CEO of Village Farms (NASDAQ: VFF ; TSX: VFF ), joins us to discuss last week’s $15 million direct investment, valued at about $2. In part two, we continue our weekly Vantage Standard series with Vantage Hemp CEO Rusty Kuchta and Chief Medical Officer Dr. Paul Shields. This episode outlines the full operational process of the CMS CBD pilot;
It Trade to black The podcast, hosted by Shadd Dales and Anthony Varrell and presented by FlowHub, opened its Wednesday episode with a look at Trulieve’s debut on the New York Stock Exchange. On its first day, approximately 712,000 shares were traded, worth approximately $7 to $8 million.
Village Farms CEO Michael DeGiglio is addressing investor concerns about the company’s recent $15 million capital raise, which was structured at a price that raised questions from retail shareholders. DeGiglio was clear that the growth was not due to the need for cash. Village Farms has been profitable on a sequential basis and has self-funded major expansions, including a 33 percent increase in its cultivation in Vancouver and a €30 million facility in the Netherlands.
In part two, we return to the ongoing CMS CBD pilot program with Vantage Hemp CEO Rusty Kuchta and Chief Medical Officer Dr. Paul Shields. Dr. Shields highlighted what real readiness looks like for an accountable care organization entering the pilot; Adding benefits to the CMS system, submitting an implementation plan, waiting up to 60 days for CMS approval, and then identifying eligible patients, especially peripheral neuropathy patients, using EHR data, navigation history, and. He noted that the four-month notice before the April start was, in his estimation, an almost impossible implementation window for lean organizations.
Both Kuchta and Dr. Shields emphasized that the broader industry underestimates the complexity of integrating cannabinoid therapies into care pathways consistent with Medicare. Awareness of ACO conferences has been low, with many attendees unaware that cannabis use has changed or that the pilot program exists. Kuchta argued that the CBD trial ramp is not just for CBD, but also for cannabis entering the pharmaceutical mainstream; when payers accept CBD, it flows to drugstore shelves, big-box retailers, and ultimately to the 69 million Americans on Medicare. Dr. Shields added that while broad-spectrum therapies in combination will ultimately yield better clinical outcomes, the pilot’s mandate is isolated to CBD, and the generation of clean real-world data now using Vantage’s 99 percent pharmaceutical-grade pure product is what will validate the next phase of value-based care for cannabinoids.
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