
What does cannabis moving from Schedule I to Schedule III actually mean for operators, investors, and the 425,000 people working in the industry?On today’s TDR Trade to Black podcast presented by Dutchie, hosts Shadd Dales and Anthony Varrell are back at it with four major voices to break down one of the biggest policy shifts in U.S. cannabis history.In Segment 1, CNBC’s Tim Seymour joins the show to unpack President Trump’s executive order and the language around CBD that caught his attention during his interview with Trulieve CEO Kim Rivers. Tim digs into what he thinks regulators meant — and what operators should be watching for next.In Segment 2, George Archos, CEO of Verano Holdings (CBOE: VRNO), reacts to the reality that 280E is officially gone starting in 2026. He shares what this means for operators on the ground, how margins could shift, and why this moment hits differently for MSOs who’ve been grinding through the toughest tax environment in the country.In Segment 3, Tim Barash, Chairman & CEO of Dutchie, explains why Schedule III is more than a tax win — it’s a cultural and economic reset. He breaks down Dutchie’s years of work on cannabis policy reform, the end of 280E, and how institutional capital and mainstream services will finally open up.In Segment 4, Anthony Coniglio, CEO of NewLake Capital Partners (OTQX: NLCP), walks through how capital markets may re-rate the entire sector and what investors should realistically expect next.Like. Subscribe. Leave Comments.#CannabisNews #ScheduleIII #CannabisReform #280E #CannabisInvesting #MSOs #Dutchie #VeranoHoldings #CNBC #CannabisStocks #TrumpAdministrationWant to see more Cannabis Reform videos? • Trump’s Cannabis Order: Why the Language M... • How Money Actually Moves Post-Rescheduling... • CRS Warns Federal Hemp Ban Hard to Enforce... • Why Cannabis Messaging Needs a Reset | TDR... 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:sdales@thedalesreport.comPodcast 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...