#242 – Trump makes a statement on rescheduling

In Episode 242, Cole breaks down President Trump’s latest comments on cannabis reclassification, comparing them to his earlier remarks from August and zooming in on what changed, especially the new emphasis on research. With reports swirling about possible timing, Cole reacts to the broader rumor mill, pulls in chatter from The Dales Report, and highlights how different corners of the industry are reading the tea leaves. Then the show opens up into a real conversation: rescheduling vs descheduling, the Farm Bill angle, 280E tax pressure, and the ongoing debate over whether state markets would survive a Schedule III world. Plus, a call-in from Brian brings the “people before profits” argument front and center, with a clear message that access matters more than labels like “hemp” or “marijuana.” Watch video version and read full show notes here: https://thecolememo.com/2025/12/15/e242/