The Dales Report | Trade to Black

In our latest TDR Cannabis in Five presented by Flowhub, host Shadd Dales takes a closer look at last week’s DEA announcement and why so many cannabis investors may be reading it the wrong way.Following the June 19 Preliminary Order, there was no shortage of confusion across social media. Some investors viewed it as a setback. Others questioned whether the rescheduling process was being delayed. But when you actually look at what the Administrative Law Judge put in writing, the takeaway may be very different.Shadd breaks down what changed, why the hearing process is now more streamlined than many expected, and why the July 15 conclusion date could be one of the most important details investors should be paying attention to.The update also covers why only opponents of rescheduling were invited to participate in the hearing, what role the federal government now plays in the process, and how the public comment record factors into the next stage of reform.More importantly, this is about separating the headlines from the actual administrative process. Because right now, the biggest risk for investors may not be the hearing itself — it may be misunderstanding what the hearing is actually designed to accomplish.With the June 29 hearing approaching, Shadd walks through the key developments to watch and explains why many industry observers believe the process is moving forward more efficiently than most people realize.The bottom line: while some viewed the June 19 order as a negative development, others see it as a sign that the DEA is narrowing the scope of the hearing, limiting delays, and moving the process toward a conclusion this summer.#CannabisStocks #CannabisNews #CannabisInvesting #ScheduleIII #CannabisReform #DEA #MSOS #CannabisIndustry #CannabisLegalization #CannabisInvestorsWant to see more Cannabis Reform?🎬 • Virginia Cannabis Legalization Back On Tra... 🎬 • Lawsuit Targets Cannabis Rescheduling Proc... 🎬 • Trulieve Becomes First Cannabis MSO Approv... 🎬 • Cannabis Stocks Arrive On Robinhood | TDR ... 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...

In our latest Trade To Black podcast presented by Flowhub, host Anthony Varrell welcomes back Michael Bronstein, President of the American Trade Association for Cannabis & Hemp (ATACH), for a critical update as the cannabis industry enters one of the most consequential weeks in its history.With the DEA Administrative Law Judge hearing set to begin June 29, Michael breaks down the latest on scheduling and participation from the aggrieved parties — including SAM, NDASA, MMJ International Holdings, and the attorneys general from Indiana, Nebraska, and Louisiana — who have filed both a consolidated lawsuit and a motion to stay the rescheduling order in the D.C. Circuit. How will their participation in the ALJ hearing intersect with the pending litigation? And could a court-issued stay disrupt the hearing before it even gets started?The conversation also covers the broader landscape heading into the second half of 2026: Trulieve trading on the NYSE, Glass House's exchange application, deconsolidation transactions, DEA on-site inspections already underway at registered dispensaries, the Virginia compromise expected to pass this month, and growing momentum around institutional capital re-engaging with cannabis.Plus, Michael shares his read on the hemp regulatory outlook, where Congress stands on the federal THC ban, and what ATACH is doing behind the scenes to defend cannabis reform at the federal level.Whether you're an investor, operator, or policy follower, this episode provides essential context heading into the most important hearing in cannabis history.#GlassHouseBrands #GLAS #TradeToBlack #CannabisNews #NYSE #KyleKazan #MarcCohodes #MSOS #DEA #SupremeCourt #CannabisStocks #TrumpAdministration #CannabisReschedulingWant to see more Cannabis Reform?🎬 • Virginia Cannabis Legalization Back On Tra... 🎬 • Lawsuit Targets Cannabis Rescheduling Proc... 🎬 • Trulieve Becomes First Cannabis MSO Approv... 🎬 • Cannabis Stocks Arrive On Robinhood | TDR ... 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...

Welcome to the latest Trade To Black Weekly Recap with host Shadd Dales.This week, one theme kept coming up again and again across the cannabis industry: scale.From institutional investors like BlackRock and Fidelity waiting on regulatory clarity, to growing expectations that mergers and acquisitions are coming, the industry appears to be entering a new phase.At the Ignite It Conference in Chicago, several industry leaders shared a similar view. Curaleaf (CSE: CURA | OTCQX: CURLF) Chairman and CEO Boris Jordan said the biggest challenge facing cannabis stocks isn’t uplisting anymore — it’s attracting large institutional investors. But before that happens, investors are looking for additional guidance related to rescheduling, banking, compliance, and federal policy.At the same time, consolidation continues to dominate the discussion. Seth Yakatan, Hirsh Jain, and others believe the industry still has too many operators and that larger, stronger companies will likely emerge through mergers and acquisitions.We also discuss why state-level growth could return as markets like Virginia, Minnesota, Ohio, and New York continue expanding, and how upcoming hemp regulations could redirect billions of dollars back into regulated cannabis channels.Meanwhile, cannabis reform continues to gain momentum. Industry advocates point to growing interest from lawmakers, expanding DEA registrations, progress toward Schedule III, and increasing optimism heading into the June 29 ALJ hearing.And finally, Glass House Farms (NYSE:GLAS) continues to position itself for what could be the next major chapter in U.S. cannabis, with management signaling confidence around senior exchange access and broader institutional participation.This is one recap cannabis investors won’t want to miss.#CannabisStocks, #CannabisInvesting, #MSOS, #CannabisNews, #ScheduleIII, #CannabisReform, #Trulieve, #GlassHouseBrands, #Curaleaf, #CannabisIndustryWant to see more Cannabis Reform?🎬 • Virginia Cannabis Legalization Back On Tra... 🎬 • Lawsuit Targets Cannabis Rescheduling Proc... 🎬 • Trulieve Becomes First Cannabis MSO Approv... 🎬 • Cannabis Stocks Arrive On Robinhood | TDR ... 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...

The June 29 cannabis rescheduling hearing is quickly becoming one of the most important dates investors have circled in 2026.In this episode of TDR Cannabis in Five, host Shadd Dales breaks down what investors need to know heading into the DEA’s Administrative Law Judge (ALJ) hearing and why the July 15 conclusion date could be a major signal for where federal cannabis reform is heading next.We also discuss the latest lawsuit filed by Smart Approaches to Marijuana (SAM), which is attempting to halt the rescheduling process. What does the lawsuit actually mean? Does it threaten Schedule III? Or is it simply another hurdle in a process that is already moving forward?Shadd explains why the ALJ hearing is different from a traditional court case, how these proceedings have historically played out, and why many industry observers view the July 15 deadline as one of the strongest indicators yet that federal regulators want this process completed on an accelerated timeline.The episode also looks at what investors should be watching during the hearing, including how the DEA addresses adult-use cannabis, whether procedural concerns gain traction, and what could happen next if the hearing concludes as scheduled.With cannabis stocks already reacting to headlines surrounding the lawsuit, understanding the difference between noise and meaningful risk has never been more important.Leave your thoughts below and let us know what you think happens after July 15.#CannabisStocks #CannabisNews #ScheduleIII #CannabisRescheduling #MSOS #CannabisInvesting #DEA #CannabisReform #TDRCannabisInFive #CannabisIndustryWant to see more Cannabis Reform?🎬 • Virginia Cannabis Legalization Back On Tra... 🎬 • Lawsuit Targets Cannabis Rescheduling Proc... 🎬 • Trulieve Becomes First Cannabis MSO Approv... 🎬 • Cannabis Stocks Arrive On Robinhood | TDR ... 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...

President Trump’s cannabis reform efforts may not be finished yet.In this episode of Trade To Black, host Shadd Dales sits down with Weldon Angelos, founder of Mission Green, during the Ignite Cannabis Capital Conference in Chicago to discuss what could be the next major catalyst for the cannabis industry: federal clemency.Following the federal government’s move to reschedule state-licensed medical cannabis to Schedule III, Angelos says attention is now shifting toward individuals who remain incarcerated for federal cannabis offenses. He shares new details on the clemency review process currently underway, the role of Pardon Czar Alice Johnson, and why thousands of federal cannabis cases are being reviewed.Angelos also explains why rescheduling could create momentum for additional cannabis reform efforts, including expungement legislation and broader criminal justice initiatives. The discussion touches on bipartisan support, changing attitudes in Congress, and why many lawmakers may view cannabis differently now that it is no longer classified as a Schedule I substance.One of the most powerful moments of the interview centers on the story of Danny Trevino, a Michigan medical cannabis operator serving a lengthy federal sentence despite operating under state law.Could cannabis clemency become the next major reform headline? How many federal cannabis prisoners could ultimately be released? And what role will the White House play moving forward?Watch the full interview and let us know your thoughts in the comments.#CannabisNews #CannabisReform #MissionGreen #WeldonAngelos #ScheduleIII #CannabisRescheduling #CannabisJustice #TrumpCannabis #TradeToBlack #CannabisStocksWant to see more Cannabis Reform?🎬 • Virginia Cannabis Legalization Back On Tra... 🎬 • Lawsuit Targets Cannabis Rescheduling Proc... 🎬 • Trulieve Becomes First Cannabis MSO Approv... 🎬 • Cannabis Stocks Arrive On Robinhood | TDR ... 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...

Curaleaf Holdings, Inc. (TSX: CURA | OTCQX: CURLF) Chairman and CEO Boris Jordan joined Trade To Black host Shadd Dales live from the Ignite Cannabis Capital Conference in Chicago to discuss what may be the most important phase yet for the U.S. cannabis industry.While many investors are focused on Trulieve Cannabis Corp. (NYSE: TRLV | CSE: TRUL) becoming the first major U.S. plant-touching operator to trade on a senior U.S. exchange, Boris believes the real story is what comes next: institutional capital, industry consolidation, and a broader revaluation of cannabis stocks.In this interview, Boris explains why firms like BlackRock and Fidelity are paying attention to cannabis but still require additional regulatory clarity before making meaningful equity investments. He also discusses the importance of the upcoming DEA administrative law judge hearing, potential guidance from the IRS and FinCEN, and why he believes the industry could finally be approaching a period of normalization.The conversation also covers Curaleaf’s approach to a future uplisting, why patience may be more valuable than speed, and why consolidation among leading operators such as Curaleaf Holdings, Inc. (TSX: CURA | OTCQX: CURLF), Trulieve Cannabis Corp. (NYSE: TRLV | CSE: TRUL), Green Thumb Industries Inc. (CSE: GTII | OTCQX: GTBIF), Verano Holdings Corp. (Cboe Canada: VRNO | OTCQX: VRNOF), and Glass House Brands Inc. (Cboe Canada: GLAS.A.U | OTCQX: GLASF) could be a major theme moving forward.If you’re following cannabis stocks, cannabis rescheduling, institutional investing, cannabis M&A, MSOs, or U.S. cannabis reform, this interview is worth watching.#CannabisStocks #Curaleaf #CURA #CURLF #CannabisInvesting #CannabisNews #ScheduleIII #CannabisRescheduling #MSOS #TradeToBlackWant to see more Cannabis Reform?🎬 • Virginia Cannabis Legalization Back On Tra... 🎬 • Lawsuit Targets Cannabis Rescheduling Proc... 🎬 • Trulieve Becomes First Cannabis MSO Approv... 🎬 • Cannabis Stocks Arrive On Robinhood | TDR ... 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...

Welcome to our latest Trade To Black presented by Flowhub, coming to you from the Ignite Cannabis Capital Conference in Chicago.In this episode, host Shadd Dales sits down with cannabis consultant Seth Yakatan and Hirsh Jain of Ananda Strategy to discuss some of the biggest topics currently facing the cannabis industry.A lot of the discussion centered around where growth may come from over the next few years. While federal reform remains a major focus, Seth and Hirsh explain why international markets are receiving increased attention and why many operators are looking closely at opportunities outside the United States.The interview also touches on consolidation across the cannabis sector, the impact of recent hemp restrictions, and whether larger companies may look to pursue mergers and acquisitions as the industry continues to mature.With Trulieve (NYSE: TRLV) now trading on the New York Stock Exchange, the group also discusses what senior exchange listings could mean for institutional participation and why scale is becoming increasingly important for operators looking to compete over the long term.The interview takes an unexpected turn when Sammy J of C21 Investments (CSE: CXXI) joins the discussion following the company’s newly announced transaction. He shares his perspective on consolidation, capital markets, and why many executives believe the industry is entering a different phase than the one investors have experienced over the past several years.As always, thanks for watching Trade To Black. Let us know your thoughts in the comments below.#CannabisStocks #CannabisNews #CannabisInvesting #TradeToBlack #MSOS #Trulieve #GlassHouseBrands #CannabisIndustry #MarijuanaStocks #ShaddDalesWant to see more Cannabis Reform?🎬 • Virginia Cannabis Legalization Back On Tra... 🎬 • Lawsuit Targets Cannabis Rescheduling Proc... 🎬 • Trulieve Becomes First Cannabis MSO Approv... 🎬 • Cannabis Stocks Arrive On Robinhood | TDR ... 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...

Welcome to the latest Trade To Black Weekly Recap with host Shadd Dales.This week may go down as one of the most important weeks in cannabis industry history.Trulieve (NYSE: TRLV) officially began trading on the New York Stock Exchange, becoming the first major U.S. plant-touching cannabis operator to secure a listing on a senior U.S. exchange. The milestone represents a major breakthrough for the cannabis sector and could pave the way for additional operators to pursue uplistings in the months ahead.At the same time, opponents of federal cannabis reform launched the industry’s most significant legal challenge yet against medical cannabis rescheduling. Smart Approaches to Marijuana (SAM), NDASA, MMJ International Holdings, and several Republican state attorneys general filed legal actions seeking to halt the federal Schedule III transition.We also cover major developments across the industry, including Verano Holdings (Cboe Canada: VRNO) completing its reverse stock split, Glass House Brands (Cboe Canada: GLAS.A.U) expanding its at-the-market financing program, Cresco Labs (CSE: CL) securing attractive bank financing, Village Farms International (NASDAQ: VFF) raising capital from a strategic institutional investor, and Cronos Group (NASDAQ: CRON) continuing to dominate Canada’s vape category with Spinach.Plus, we break down Kentucky’s growing medical cannabis debate and look at new federal data showing marijuana trafficking prosecutions continue to decline sharply across the United States.From cannabis stocks and capital markets to federal reform and cannabis policy, this episode covers everything investors need to know from one of the busiest weeks the industry has seen in years.Let us know your thoughts in the comments below and don’t forget to subscribe for more cannabis industry coverage.#Trulieve, #NYSE, #TRLV, #CannabisStocks, #CannabisNews, #ScheduleIII, #MSOS, #CannabisInvesting, #TradeToBlack, #ShaddDales #CannabisIndustry #Cannabis Want to see more Cannabis Reform?🎬 • Virginia Cannabis Legalization Back On Tra... 🎬 • Lawsuit Targets Cannabis Rescheduling Proc... 🎬 • Trulieve Becomes First Cannabis MSO Approv... 🎬 • Cannabis Stocks Arrive On Robinhood | TDR ... 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...

In today’s TDR Cannabis in Five presented by Flowhub, host Shadd Dales breaks down one of the most talked-about developments in the cannabis industry this week: the lawsuit filed by Smart Approaches to Marijuana (SAM), NDASA, and MMJ International Holdings seeking to halt the federal cannabis rescheduling process.While headlines may suggest cannabis rescheduling is under serious threat, the details tell a different story. Shadd walks viewers through the legal arguments being made, including claims that Acting Attorney General Todd Blanche improperly used treaty authority under the Controlled Substances Act to move medical cannabis to Schedule III without completing the DEA hearing process.More importantly, what does this lawsuit actually mean for cannabis stocks, investors, MSOs, and the future of federal reform? Is cannabis rescheduling at risk, or is this simply a procedural challenge that could delay the timeline?We break down the key legal arguments, the importance of standing, why the emergency request faces major hurdles, and why the June 29 DEA hearing remains the most important event investors should be watching.If you’re following cannabis stocks, federal marijuana reform, Schedule III rescheduling, Trulieve, Curaleaf, Green Thumb, Verano, Glass House Brands, or the broader U.S. cannabis industry, this is an update you won’t want to miss.Subscribe to TDR for daily cannabis news, market analysis, CEO interviews, and breaking developments impacting investors across the sector.#CannabisStocks #CannabisNews #ScheduleIII #MarijuanaReform #CannabisInvesting #MSOS #Trulieve #Curaleaf #DEA #TDRCannabisWant to see more Cannabis Reform?🎬 • Trulieve Becomes First Cannabis MSO Approv... 🎬 • Cannabis Stocks Arrive On Robinhood | TDR ... 🎬 • Why Virginia’s Governor Really Vetoed Cann... 🎬 • IRS Tax Guidance Could Boost Cannabis Prof... 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...

In our latest Trade To Black podcast presented by Flowhub, hosts Shadd Dales and Anthony Varrell sit down with Vantage Hemp CEO Rusty Kuchta and Chief Medical Officer Dr. Paul Shields to discuss one of the most important healthcare developments happening in the cannabinoid space today: the CMS CBD Pilot Program.While many investors remain focused on cannabis rescheduling and capital markets, this conversation takes a closer look at what could become the foundation for long-term medical adoption of cannabinoid therapies across the United States.The discussion covers how pharmaceutical-grade CBD is being evaluated inside value-based healthcare models, why physician education remains a major hurdle, and what healthcare providers, ACOs, insurers, and policymakers are learning as the pilot begins to take shape.Rusty and Dr. Shields explain why collecting real-world evidence is critical, how patient outcomes are measured, what pharmaceutical-grade manufacturing actually means, and why many healthcare organizations are still unaware that this opportunity even exists.If successful, the CMS pilot could become an important stepping stone toward broader insurance coverage, physician adoption, and long-term integration of cannabinoid-based therapies into the U.S. medical system.#CannabisIndustry #CBDPilotProgram#MedicalCannabis #CMS#HealthcareInnovation #Cannabinoids#ScheduleIII #PharmaceuticalGradeCBD#ValueBasedCare #TradeToBlackWant to see more Cannabis Reform?🎬 • Trulieve Becomes First Cannabis MSO Approv... 🎬 • Cannabis Stocks Arrive On Robinhood | TDR ... 🎬 • Why Virginia’s Governor Really Vetoed Cann... 🎬 • IRS Tax Guidance Could Boost Cannabis Prof... 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...