The latest episode of the TDR Trade to Black podcast, presented by Dutchie, asks the question every investor is focused on right now: how should you play cannabis stocks? With federal rescheduling potentially on the horizon and cannabis equities moving back into the spotlight, this episode delivers clear answers on the biggest catalysts and what they mean for both traders and long-term investors.Hosts Shadd Dales and Anthony Varrell are joined by Tim Seymour from CNBC’s Fast Money, who explains why he called rescheduling a “game-changer.” Tim lays out how to position before and after a potential announcement, the role retail day traders could play when volumes spike, and which kinds of institutions might finally step in once regulatory barriers begin to ease. He also breaks down how he manages liquidity inside the actively managed CNBS ETF and what investors should be watching in the days ahead.Plus, Margaret Brodie, CEO of Rubicon Organics (TSXV: ROMJ), provides a breakdown of her company’s latest earnings release. She outlines margin performance, product strategy, and how Rubicon is positioning itself for growth in a competitive Canadian market.Finally, Michael Bronstein, President of the American Trade Association for Cannabis, highlights the key storylines in Pennsylvania’s adult-use push and the Texas State Senate’s debate on the recently passed HELP Act (Hemp Expansion & Legalization Proposal). Bronstein also points to the next moves likely to come out of the state senate that investors and industry watchers need to be paying close attention to.#CannabisInvesting #CNBSCNBS #RubiconOrganics #CannabisPolicy #CannabisStocks #MSO #DayTrading #ETF #ReschedulingWant to see last week's recap?   • Trump Comments Spark Cannabis Rally | TTB ...  Want to see more Cannabis Reform videos?   • Cannabis Stocks Reset After Options Expiry...     • Texas Cannabis: Expansion or Hemp Ban? | T...     • Trump Eyes Cannabis Rescheduling — Myths v...     • Matt Gaetz Urges Trump: Reschedule Cannabi...  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...

It’s Monday, August 18th, and the cannabis industry is starting a new week with momentum. Earnings season is behind us—and for once, it wasn’t a disaster. Operators held their ground, showing resilience across revenues, margins, and balance sheets. With the fundamentals intact, attention now turns to Washington.The key question: will Donald Trump announce cannabis rescheduling, and if so, when? He recently confirmed his administration is “looking at it,” with a decision possible in the coming weeks. For investors, that means every appearance from Trump, the DEA, or the DOJ could move cannabis stocks.Last week’s late dip wasn’t about weak earnings—it was market mechanics. MSOS, the U.S. cannabis ETF, was driven under $5 to burn option holders around the $4.50 and $5 strikes, reportedly pushed by Toronto desks. With OPEX behind us, the “shackles” are off and the group is free to trade on news again.Beyond Washington, there are other catalysts to watch: • States: Pennsylvania adult-use chatter, Texas hemp crackdowns, New York licensing fixes, and North Carolina medical progress. • Enforcement: Raids and seizures that reinforce the regulated market. • International: Germany imported record medical cannabis volumes in Q1 2025, even as regulators propose restrictions—an evolving dynamic for Canadian LPs like Tilray and Canopy. • Corporate moves: Post-earnings 8-Ks, refinancings, and store updates.Start your week with TDR Cannabis in 5, presented by Dutchie, as we break down the signals investors need to watch from August 18–22.#CannabisStocks #CannabisInvesting #MSOS #Curaleaf #Trulieve #GreenThumb #Tilray #CanopyGrowth #TrumpNews #CannabisReformWant to see last week's recap?   • Trump Comments Spark Cannabis Rally | TTB ...  Want to see more Cannabis Reform videos?   • Texas Cannabis: Expansion or Hemp Ban? | T...     • Trump Eyes Cannabis Rescheduling — Myths v...     • Matt Gaetz Urges Trump: Reschedule Cannabi...     • Why Rescheduling Could Transform Cannabis ...  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...

This week’s TDR Trade to Black Weekly Recap, presented by Dutchie, delivered one of the most important rundowns of 2025 for the cannabis industry.For the first time since taking office, President Donald Trump publicly addressed marijuana rescheduling. Speaking at a private fundraiser, he confirmed the issue is “something we’re going to look at” and later told reporters a decision could come “within the next few weeks.” Those remarks sent cannabis stocks higher, reigniting debate on whether rescheduling is finally within reach or simply another political delay tactic.Inside the White House, advisors remain split. Some urge Trump to fulfill his campaign pledge, while others caution against loosening federal restrictions. Industry pressure is mounting, with major players like Trulieve and Scotts Miracle-Gro investing heavily to push reform. Former Congressman Matt Gaetz also weighed in, calling cannabis reform “populism meets practicality” and urging Trump to act.Meanwhile, in Florida, the fight over the 2026 adult-use ballot initiative intensified in federal court as activists challenged restrictive petition laws. At the same time, RNC treasurer Joe Gruters — a cannabis-friendly Republican — is set to take over party leadership, a symbolic but notable development for reform advocates.Earnings season added more fuel to the week’s headlines. Village Farms reported surging international medical exports and record profitability. Glass House Brands improved margins and cut production costs. GrowGeneration narrowed losses, while Aurora Cannabis faced boardroom changes. Cresco Labs removed refinancing risks with a $325M loan deal, and High Tide expanded aggressively into Germany with its Remexian Pharma acquisition.This week showed just how fast politics and business can shift the outlook for cannabis. For anyone trying to make sense of it all, the clearest breakdown is right here in the Trade to Black Weekly Recap.#CannabisNews #TradeToBlack #CannabisStocks #CannabisRescheduling #TrumpCannabis #CannabisInvesting #MarijuanaReform #CannabisPolicy #WeedStocks #CannabisWeeklyRecapWant to see more Cannabis Reform videos?   • Texas Cannabis: Expansion or Hemp Ban? | T...     • Trump Eyes Cannabis Rescheduling — Myths v...     • Matt Gaetz Urges Trump: Reschedule Cannabi...     • Why Rescheduling Could Transform Cannabis ...  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...

Shadd Dales and Anthony Varrell welcome Beena Goldenberg, CEO of Organigram (NASDAQ: OGI | TSX: OGI), on the latest Trade To Black Podcast.We unpack Organigram’s latest quarterly results in plain English — revenue momentum, gross margin mix, adjusted EBITDA trajectory, cash position, CapEx discipline, and how pricing, category mix, and retail execution shaped the headline numbers. We compare performance versus Canadian peers, discuss wholesale dynamics and export channels, and flag what the next two quarters could look like if volumes, pricing, and costs hold near current levels.In Segment Two, Raj Grover, CEO of High Tide (NASDAQ: HITI | TSXV: HITI), joins to break down High Tide’s push into the German medical cannabis market through the acquisition of a majority stake in REMEXIAN Pharma GmbH. We cover why Germany matters now, how this deal complements High Tide’s retail ecosystem and digital platforms, expected timelines and milestones, capital needs, and what success looks like across patient access, product assortment, and margin structure.We also talk regulatory context, competitive positioning, and how this move could shape High Tide’s international strategy.Drop your questions in chat for Beena Goldenberg and Raj Grover — we’ll work the best ones into the show. And if you find value in our coverage of Organigram (OGI) and High Tide (HITI), please like, share, and comment to help other investors discover Trade To Black.#CannabisStocks #Organigram #OGI #HighTide #HITI #CannabisInvesting #CannabisNews #GermanCannabis #TradeToBlack #CannabisIndustry #Stocks #marijuanastocks Want 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..

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...

Verano Holdings (CBOE: VRNO) CEO George Archos joins Shadd Dales and Anthony Varrell on the Trade to Black podcast to break down the company’s latest earnings — and the numbers are turning heads. Verano reported $202M in revenue, $113M in gross profit, and a 33% adjusted EBITDA margin, handily beating margin expectations while focusing on operational efficiencies, automation, and product innovation. Shares have surged over 100% in the past 10 trading days, fueled by improved cultivation yields, stronger retail performance in key markets like Florida, and a disciplined wholesale strategy targeting creditworthy customers.Archos outlines why he expects a stronger second half of 2025, with cost management measures, market share gains, and new product partnerships on the horizon. Retail revenue rose 3% year-over-year, driven by Florida adult-use momentum, while wholesale headwinds from competition and vertical integration at competitors remain. Verano’s focus: sustaining a 30%+ adjusted EBITDA margin profile, building cash reserves, and leveraging owned real estate for refinancing.Also in this episode — the latest on U.S. cannabis rescheduling. Former Florida Congressman Matt Gaetz is urging President Trump to move marijuana from Schedule I to Schedule III, calling it a political and economic win that could end Democrats’ advantage on cannabis at the ballot box. Gaetz frames it as “populism meets practicality,” noting 280E tax relief, expanded research opportunities, and the absurdity of cannabis being classified alongside heroin.Plus, we review Organigram Global’s (NASDAQ: OGI) quarterly earnings miss on EPS but revenue beat, and preview our upcoming interview with CEO Beena Goldenberg on Friday at 11am EST.#CannabisNews #CannabisReform #VeranoHoldings #VRNO #CannabisStocks #CannabisEarnings #MarijuanaRescheduling #CannabisRescheduling #MattGaetz #Organigram #OGIWant to see our last week's recap?   • Weekly Recap: Trump Order, SAFER Banking &...  Want to see more Cannabis Reform videos?   • Why Rescheduling Could Transform Cannabis ...     • Trump Signals Cannabis Rescheduling Decisi...     • Ben Shapiro’s Cannabis Shift Explained | T...     • Trump Signals Possible Cannabis Rescheduli...     • What a Military Strategy Leak Means for Ca...  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...

It’s a cannabis earnings special featuring Canopy Growth (TSX: WEED | NASDAQ: CGC), TerrAscend (TSX: TSND | OTCQX: TSNDF), and Village Farms (NASDAQ: VFF).Shadd Dales and Anthony Varrell will be joined by Luc Mongeau, CEO of Canopy Growth, and Jason Wild (Executive Chairman) with Ziad Ghanem (CEO) from TerrAscend.Canopy Growth recently reported sequential revenue growth, stronger gross margins, and reduced SG&A expenses as part of its transformation plan, while keeping focus on core operations and global market expansion.TerrAscend posted $65M in revenue, a 24.6% AEBITDA margin, and positive operating cash flow for the 12th straight quarter. The company reported growth in New Jersey, Maryland, and Pennsylvania, strategic acquisitions in NJ and OH, and an exit from Michigan to reallocate resources toward higher-margin markets.Then Shadd & Anthony will break down Village Farms' latest quarterly earnings that was impressive across the board, with strong revenue growth, improved margins, and operational execution that stood out in this earnings season.This earnings season is proving that cannabis companies are holding their ground amid renewed discussion surrounding cannabis rescheduling under the Trump administration.#CanopyGrowth #TerrAscend #CannabisStocks #CannabisIndustry #CannabisRescheduling #CGC #WEED #TSND #TSNDF #CannabisEarnings #TradeToBlack#Trump #TrumpAdministrationWant to see our last week's recap?   • Weekly Recap: Trump Order, SAFER Banking &...  Want to see more Cannabis Reform videos?   • Trump Signals Possible Cannabis Rescheduli...     • What a Military Strategy Leak Means for Ca...     • Trump Order + SAFER Banking: Big Shift Com...     • What the DEA’s Report Means for Rescheduli...  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...

President Donald Trump has broken his silence on marijuana rescheduling, telling donors at a $1-million-a-plate fundraiser that it’s something his administration is “going to look at.” The remark is the clearest sign yet that cannabis reform is still on the table in Trump’s second term — even amid internal White House debate.In this episode of Cannabis in 5 presented by Dutchie, host Shadd Dales breaks down exactly what was said, who was in the room — including Trulieve CEO Kim Rivers — and why this issue could fit into Trump’s broader law-and-order agenda.We breakdown new FEC filings showing millions in industry donations to Trump-aligned PACs, the role of major players like Scotts Miracle-Gro, and why some advisors inside the West Wing are pushing for action while others warn of political risk.Former DEA Special Operations Director Derek Maltz also weighed in on the discussion recently, outlining with a hard look at the booming illicit cannabis market, and how it ties to organized crime, and how rescheduling could shift demand into the regulated, tax-paying industry — aligning with Trump’s enforcement priorities on fentanyl, violent crime, and border security.Plus: why DEA Administrator Terrence Cole’s priorities list isn’t necessarily bad news for reform, what executive action could mean for speeding up the process, and why claims from former press secretary Sean Spicer don’t hold much weight in 2025.If rescheduling moves forward, it could be framed as a crime-fighting tool that boosts the legal economy, drains cartel revenue, and fulfills a campaign promise — all in one.#CannabisNews #Trump2025 #CannabisRescheduling #MarijuanaReform #CannabisStocks #DEA #CannabisPolicy #LawAndOrder #CannabisIndustry #CNN #WSJWant to see last week's recap?   • Trump’s Quiet Cannabis Promise + Ayr’s Col...  Want to see more Cannabis Reform videos?   • What a Military Strategy Leak Means for Ca...     • Trump Order + SAFER Banking: Big Shift Com...     • What the DEA’s Report Means for Rescheduli...     • Florida’s Legalization Campaign Hits 75% |...     • Glass House Speaks Out After Federal Raid ...  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...

Pennsylvania may be on the verge of legalizing adult-use cannabis — but major obstacles remain in the state Senate. In this episode, we sit down with Senator Sharif Street, one of the key architects behind Senate Bill 120, to break down what’s really happening behind the scenes.Street, along with Republican Senator Dan Laughlin, has introduced a bipartisan bill that would legalize cannabis through a private retail model — not the state-run system passed by the House. It includes home grow, expungement, small business licensing, and revenue reinvestment in communities hit hardest by prohibition.But Senate GOP leadership, led by Majority Leader Joe Pittman, says there’s “no clear path” for legalization. Governor Josh Shapiro included cannabis revenue in his 2025–26 budget, but has stayed quiet since. So what happens next?We ask Senator Street directly: • What’s the vote math? • Can this pass before year-end? • Is the Governor helping — or holding back? • And how does pending federal rescheduling shift the stakes?With Pennsylvania poised to become the 25th state to legalize recreational cannabis, this conversation cuts through the headlines to uncover the real legislative path — or roadblock — ahead.👀 Drop your thoughts in the comments. Will the Senate move before November? Or are politics blocking progress again?🎯 Subscribe for more cannabis policy, investing, and state reform updates every week.#CannabisLegalization #PennsylvaniaSenate#SharifStreet #SenateBill120 #CannabisReform #AdultUseCannabis #JoshShapiro #CannabisPolitics #TradeToBlack #CannabisNewsWant to see last week's recap?   • Trump’s Quiet Cannabis Promise + Ayr’s Col...  Want to see more Cannabis Reform videos?   • Delaware Officially Launches Adult-Use Can...     • Is Rescheduling Coming Quietly From the Ri...     • Texas Could Ban ALL THC — Here’s What Happ...     • DEA Just Went Quiet — Is Rescheduling in 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...

Former DEA Special Operations Director and Acting Administrator Derek Maltz joins Shadd Dales on Trade To Black for an in-depth conversation on fentanyl, illegal cannabis grows, and the line between regulated and illicit markets.We cover what’s happened over the past 8 years as fentanyl has devastated communities across the U.S., and how transnational criminal networks are adapting. Maltz shares what he’s personally witnessed on the front lines — including how illegal cannabis grows are increasingly linked to cartel operations, even in states with regulated programs.We also review the growing divide between regulated cannabis and the illicit market, and why that difference matters more now than ever. From Homeland Security task forces to new strategies targeting global drug networks, Maltz outlines what coordinated enforcement could look like going forward.With rescheduling on the table and the cannabis industry pushing toward federal reform, this is a grounded, timely conversation with someone who’s been inside the system and still works to protect public safety every day.0:00:00 - Intro0:01:34 - Maltz's background and role at DEA0:04:17 - Discussion on fentanyl and synthetic drug crisis0:06:10 - Impact of previous administrations on drug enforcement0:14:29 - Illegal cannabis grow operations0:20:24 - Chinese criminal networks and drug trafficking0:31:23 - Homeland Security Task Forces and transnational crime0:40:44 - Brief discussion on cannabis rescheduling0:48:49 - Personal anecdote about baseball and raising awareness0:51:28 - Closing remarks and summary of key points#DEA #FentanylCrisis #DerekMaltz #IllegalCannabis #CannabisRescheduling #DrugPolicy #HomelandSecurity #NarcoTerrorism #CannabisIndustry Want to see last week's recap?   • Biggest Cannabis Stories This Week – DEA, ...  Want to see more Cannabis Reform videos?   • DEA Just Went Quiet — Is Rescheduling in T...     • What Happens 48 Hours After Cannabis Gets ...     • New Report Debunks Myth of Cannabis Spike ...     • New York Cannabis Scandal: What Happens No...  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..