The Political Fight for Cannabis Just Exploded | TTB Weekly Recap

Washington’s fight over cannabis reform intensified this week as Senate Democrats revived full federal legalization immediately after the DEA’s historic rescheduling hearing concluded.In the latest Trade To Black Weekly Recap presented by FRE, host Shadd Dales breaks down why the timing of the Cannabis Administration and Opportunity Act appears aimed as much at the midterm elections as passing legislation—and how political competition could increase pressure on the Trump administration to finalize Schedule III.The episode also reviews the ALJ hearing record, where the federal government strongly defended rescheduling while several opposition witnesses struggled to challenge the scientific and legal case for moving marijuana to Schedule III.Beyond Washington, the federal hemp industry is approaching a November 12 deadline that could remove most intoxicating hemp products from the legal market. Carriers, payment processors and e-commerce platforms may begin restricting businesses before the law officially changes.In psychedelics, a major acquisition was announced this week. Eli Lilly (NYSE: LLY) agreed to acquire AtaiBeckley (NASDAQ: ATAI) in a deal valued at approximately $2.8 billion. The acquisition also places greater attention on Compass Pathways (NASDAQ: CMPS) and Definium Therapeutics (NASDAQ: DFTX) as major independent psychedelic developers. In cannabis, Curaleaf (TSX: CURA | OTCQX: CURLF) and Cannara Biotech (TSX: LOVE | OTCQX: LOVFF), entered into an agreement, plus a new wellness product from MariMed (CSE: MRMD | OTCQX: MRMD) and a customer-acquisition campaign from Tilray Brands (NASDAQ: TLRY | TSX: TLRY) through BrewDog. Weekly recap is now live. Like, subscribe, and leave your comments!#Cannabis #CannabisReform #ScheduleIII #CannabisNews #Psychedelics #HempIndustry #CannabisStocks #PsychedelicStocks #FederalCannabis #CannabisRescheduling Want to see more Cannabis Reform?🎬    • The DEA Hearing Is Over. Now What? | TDR C...  🎬    • Are THC Drinks Replacing Alcohol? | TDR Ca...  🎬    • DEA Hearing Ends: What Happens Next? | TDR...  Want to stay updated on Cannabis, Small Cap, AI, and Crypto?Subscribe to our Daily Baked newsletter:https://newsletter.thedalesreport.com...Find us on social media and podcast platforms:✅ 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, contact:[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 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 made based on the information discussed.Full Disclosures: https://thedalesreport.com/website-te...