What were the five moments that actually defined cannabis so far here in 2025?In this episode of TDR Cannabis in Five, presented by Dutchie, host Shadd Dales breaks down the political, financial, and cultural shifts that have shaped the industry this year — and the trends that are already setting up the road to 2026.The first major inflection point came on August 11, when President Trump publicly confirmed his administration was actively reviewing cannabis rescheduling. That single remark immediately moved markets, pushed operators to rethink strategy, and shifted federal reform from speculation to a near-term conversation.The second moment was the most dramatic: a nationwide ban on intoxicating hemp-derived THC products — Delta-8, Delta-10, THCA flower, and anything with detectable THC — wiping out roughly $28 billion in sales overnight. Industrial hemp remains legal, but the consumer intoxicant market was eliminated.Next was the corporate collapse of Ayr Wellness (CSE: AYR.A, OTCQX: AYRWF). After months of lender-directed restructuring, the company formally entered Canada’s CCAA creditor-protection process on November 17, marking one of the largest cannabis restructurings North America has seen.Fourth, Village Farms (NASDAQ: VFF) shifted its entire corporate identity. Following the privatization of its produce business and a roughly $40 million cash boost, Village Farms effectively repositioned itself as a cannabis-first operator with global momentum.Finally, President Trump’s late-September Truth Social video praising cannabinoids — especially CBD — pushed cannabis deeper into political mainstream messaging, particularly among older voters.These five moments didn’t just make news — they shaped cannabis so far in 2025.#CannabisNews #CannabisReform #HempBan #AyrWellness #VillageFarms #CBD #Rescheduling #CannabisStocks #Trump #TrumpAdministration #TruthSocial Want to see more Cannabis Reform videos? • Supreme Court Takes a Look at Cannabis | T... • Inside the HHS Rescheduling Report | TDR C... • Three Months That Made Cannabis Impossible... 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] 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 as 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 you make based on the information discussed.Full Disclosures: https://thedalesreport.com/website-te...