Anthony Coniglio, CEO of NewLake Capital (OTCQX: NLCP), joins Anthony and Shadd on Trade To Black to talk about where things stand in cannabis finance, regulation, and what public companies should keep top of mind heading into earnings season.We start with the news that Judge John Mulrooney — the DEA’s long-serving Administrative Law Judge (ALJ) — has retired. What could that mean for the cannabis rescheduling process, and does it shift the timing or tone of what happens next?We also dive into the situation in Texas, where lawmakers and courts are putting pressure on hemp-derived THC products. That state-level pushback could have real implications for the upcoming Farm Bill, and potentially shape how Congress draws the line between regulated cannabis and intoxicating hemp.From there, we ask Coniglio if he still sees Schedule III as a meaningful long-term shift — and what the path forward might look like if the market hopes to see real change.As earnings season gets underway, we wrap with a practical discussion around capital discipline, investor communication, and how public cannabis companies can stay focused on fundamentals — even with policy headlines in the background.#Cannabis #NewLakeCapital #CannabisREIT #FarmBill #ScheduleIII #CannabisInvesting #TradeToBlack #CannabisRescheduling #SAFERBanking #CannabisStocksWant to see last week's recap?   • Biggest Cannabis Stories This Week – DEA, ...  Want to see more Cannabis Reform videos?   • New York Cannabis Scandal: What Happens No...     • What Happens 48 Hours After Cannabis Gets ...     • Texas Bill Seeks to Ban All THC Hemp Produ...     • Germany’s Medical Market Surges: Canadian ...  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...