Shadd Dales and Anthony Varrell are joined by Shane Pennington, Partner at Porter Wright Morris & Arthur LLP, to discuss the big news involving the U.S. Drug Enforcement Administration (DEA) and its stance on marijuana rescheduling. Longstanding suspicions that the DEA is opposed to rescheduling marijuana from Schedule 1 to Schedule 3 under federal law have been confirmed by agency decisions made public during an ongoing lawsuit.According to DEA documents made public as part of a lawsuit brought by Doctors for Drug Policy Reform (DDPR), the federal drug agency considered a total of 163 applicants but selected only 25 based on still-unknown criteria. The DEA rejected participation requests from New York and Colorado officials, who supported rescheduling, and attempted to aid almost a dozen opponents of marijuana rescheduling. This is the fullest disclosure to date of the DEA’s actions during the marijuana rescheduling process.Join us for this in-depth discussion on what this means for cannabis rescheduling moving forward.Plus, Michael Bronstein from the American Trade Association for Cannabis & Hemp will join us to discuss several key topics, including the efforts of Florida Republican lawmakers to impose significant restrictions on ballot initiatives, which could impact marijuana legalization efforts next year. He will also touch on the recent advancement of a bill in Kentucky that would ban hemp-derived beverages until mid-2026, and the potential nationwide implications of this decision.

0:00:00 - DEA Bias in Rescheduling0:01:30 - Crypto & Cannabis Markets0:02:23 - DEA Bias ReactionsShane Pennington Interview0:03:04 - DEA Bias Details0:05:04 - Legal Strategy & Challenges0:08:33 - ALJ Hearing Implications0:12:37 - ALJ Process Status0:14:46 - New Administration Actions0:16:17 - Chevron Deference Discussion0:18:42 - DEA's Legal & Ethical Issues0:20:03 - Cannabis Rescheduling Politics0:23:40 - Cannabis Access & Urgency0:26:10 - DEA Decision TimelineMichael Bronstein Interview0:32:09 - Admin Hurdles in Legalization0:34:14 - Politics of Cannabis Reform0:35:10 - Economic Impact of Research0:36:14 - Public Opinion Shift0:38:16 - Social Change & Policy0:40:35 - Cannabis Access Today0:41:42 - Medical Cannabis Distribution0:44:01 - Cannabis Regulation Approaches0:47:19 - Hemp Laws: Georgia Case0:50:11 - Alcohol & Hemp Beverages0:56:25 - Hemp Regulation Challenges1:00:41 - Texas Senate Bill 31:02:27 - Florida’s Hemp Market#MarijuanaRescheduling #DEA #CannabisNews #DrugPolicy #MedicalMarijuana #CannabisReform #Podcast #Cannabis #Marijuana Want to see last week's recap?   • TDR’s Biggest Cannabis Developments f...  Want to see more Cannabis Reform videos?   • How The US Mistakenly Legalized Marij...     • Understanding Hemp vs. Cannabis: What...     • Why Trump Says Cannabis Legalization ...     • Warren Buffett’s Berkshire Hathaway I...  Want to be updated on Cannabis, Small Cap, AI, and Crypto? Subscribe to our Daily Baked in Newsletter!https://newsletter.thedalesreport.com...Find us as well on Facebook, Twitter, Instagram, LinkedIn and on the Web: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, please get in touch with us at:[email protected] views on the Trade To Black podcast and the guests on this podcast are purely opinions. You should not treat any opinions expressed by us or our guests as investment advice. The views on this podcast are solely intended to be informational and are not investment advice. Please go to our website for a full list of disclosures and details of any client relationship we have. https://thedalesreport.com/website-te...