Trump's Cannabis Rescheduling Could Trigger MASSIVE Refinancing Wave

The Dales Report | Trade to Black · Oct 3, 2025 · 1h 1m

Right now, all eyes are on Washington. Ongoing rumors suggest cannabis could soon be rescheduled from Schedule I to Schedule III — a move that would effectively end the 280E tax burden and restructure the credit profiles of major MSOs. For operators, that could mean access to lower rates, improved balance sheets, and the ability to refinance costly debt.We’ll ask Coniglio how NewLake Capital is preparing for that potential shift, what he’s seeing in the lending markets today, and whether a major refinancing cycle is already building under the surface.And then there’s the political side: after…