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Could President Trump reschedule cannabis with the stroke of a pen? In this episode of Cannabis in Five, Shadd Dales breaks down the scenario everyone’s talking about: what happens if the President signs an executive order to reclassify cannabis from Schedule I to Schedule III under the Controlled Substances Act. We unpack what the first 48 hours could look like, how the DOJ and DEA could fast-track the process without public hearings, and why Section E11D of DEA regulations may give the Biden or Trump administration all the authority they need. No new science. No congressional vote. Just a move that changes the federal status of cannabis overnight. You’ll also hear: • Why Congress isn’t needed for this to happen • How groups like SAM may try — but fail — to stop it • What Schedule III actually means for businesses, taxes, and medical access • And why this plays right into Trump’s political playbook Plus, we break down how the markets could respond and what this could mean for MSOs and retail investors. Whether you’re an operator, investor, or policy watcher — this episode gives you the clearest roadmap yet of how fast federal reform could happen with a single executive move. Let’s dive in. #CannabisRescheduling #ExecutiveOrder #DEAReschedule #Trump2025 #CannabisStocks #ScheduleIII #CannabisReform #MedicalCannabis #MSOS #CannabisPolicy Want to see last week's recap? • Biggest Cannabis Stories This Week – DEA, ... Want to see more Cannabis Reform videos? • Texas Bill Seeks to Ban All THC Hemp Produ... • Germany’s Medical Market Surges: Canadian ... • 32 State AGs Demand Congress Pass SAFER Ba... • Brian Mast Joins STATES 2.0 Act – Momentum... • Why Trump Holds the Keys to Schedule III—N... 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] All 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...