Welcome to your Trade To Black podcast for January 24, 2025. Anthony Varrell and GUAP have the latest headlines from this week. Is Fox News signaling that there’s hope for a shift in cannabis reform? Tune in for this week’s stories on federal marijuana enforcement, cannabis rescheduling, and the political battles shaping US marijuana policy.
In a significant turn of events, Fox News has begun airing pro-cannabis content, stirring discussions in the cannabis industry about a potential shift in conservative sentiment. Not only did they host Weldon Angelos and Mike Tyson’s op-ed on the Biden administration’s cannabis policy shortcomings, Fox also spotlighted cannabis partnerships, such as Trulieve’s collaboration with Champ Bailey in Georgia.
Todd Harrison, a prominent voice in the cannabis industry, also appeared on Fox Business with Charles Payne earlier in the week to discuss the sector’s current challenges and opportunities. Harrison has long been regarded as a strong advocate for cannabis reform, and his media presence serves as an important platform for normalizing industry-related discussions on mainstream conservative outlets.
On the Hill, Senator Elizabeth Warren (D-MA) is urging Elon Musk, who chairs the Trump administration’s newly formed Department of Government Efficiency (DOGE), to cut “unnecessary” federal cannabis enforcement—potentially saving taxpayers billions of dollars. Unfortunately, given the lack of support from Republican leaders, it will be a difficult push.
We’ll explain why 96% of marijuana consumers say the DEA is “biased” against the Biden administration’s proposal to move cannabis from Schedule I to Schedule III, according to a revealing new poll. What emerging markets present great opportunities for expansion? And lastly, we’ll examine controversial comments from Derek Maltz, the Trump administration’s new acting DEA chief, who claims marijuana is a ‘gateway drug’ that leads to psychosis and other mental health issues.
H/T: thedalesreport.com
You can view the whole article at this link Fox News Sparks Hope for Cannabis Reform Sentiment Shift