The Dales Report | Trade to Black

How Rescheduling Could Spark Cannabis M&A and Lending Growth


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Shadd Dales and co-host Anthony Varrell connect with Peter Sack, Managing Director of Chicago Atlantic (NASDAQ: REFI, LIEN) to break down the company’s Q2 2025 results and what’s ahead for cannabis lending.Chicago Atlantic just earned $0.34 per share, matched that with a $0.34 dividend, says every borrower is current, and has more than $125 million in available cash and credit. We explore what’s driving those results — and why they matter for investors.We also dig into how cannabis rescheduling rumors could impact the lending market. An announcement from Washington could create a wave of new deal activity for Chicago Atlantic, while also fast-tracking mergers and acquisitions across the cannabis sector.Peter walks us through the fundamentals: fully covered dividends, interest rate sensitivity, and maintaining a portfolio with zero missed payments. We discuss deal flow, including the $780 million pipeline across cannabis and non-cannabis lending, portfolio concentration risks, and how Chicago Atlantic decides when to tap its $100 million credit facility.From lending strategy to capital deployment, and from U.S. federal reform to global cannabis investment opportunities. Leave your comments. #CannabisStocks #CannabisInvesting #ChicagoAtlantic #LIEN #CannabisRescheduling #CannabisNews #CannabisMergers #CannabisLending #TradeToBlack #CannabisPodcastWant to see our last week's recap?   • Weekly Recap: Trump Order, SAFER Banking &...  Want to see more Cannabis Reform videos?   • Matt Gaetz Urges Trump: Reschedule Cannabi...     • Why Rescheduling Could Transform Cannabis ...     • Trump Signals Cannabis Rescheduling Decisi...     • Ben Shapiro’s Cannabis Shift Explained | T...  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...

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