CANNASWEEP

Table of Contents

August 2025


OFW’s Cannabis Team regularly monitors cannabis news, legislation, regulation, and policy so our clients stay up-to-date on the latest developments impacting their business.


If you have any questions or would like more information about any of the items below, please contact us.

We also track cannabis-related legislation introduced in the U.S. Congress.  If you would like to learn more about our Congressional Bill Tracker, please reach out to Ben Dash


Cannabis Rescheduling

  • Trump Weighs Reclassifying Marijuana as Less Dangerous Drug – President told donors earlier this month he was interested in reclassifying the drug (WSJ) (The Guardian) (CNN) (Fox).
    • President Trump on marijuana: “We’re looking at reclassification and we’ll make a determination over the next few weeks.”Bipartisan Congressional Lawmakers Push Trump To Reschedule Marijuana. Cannabis stocks rally after Trump says he is weighing drug reclassification. America First Agriculture Action Inc., a PAC that describes itself as “committed to establishing a clear, equitable, and unified legal framework for all Cannabis sativa L” advocates for Trump to reschedule marijuana in a new ad.
  • Should marijuana be rescheduled? (The Hill – Opinion)
    • Former Rep. Matt Gaetz (R-FL) said the “game is over for Democrats at the ballot box” if Trump moves forward on marijuana rescheduling. Recriminalize, don’t decriminalize marijuana (Washington Examiner). Trump will not legalize marijuana, former White House Press Secretary Sean Spicer says.EDITORIAL: Heed Colorado’s woes — do not reclassify pot.

Executive Branch/Enforcement

U.S. Congress

  • Hemp interests celebrated after the latest Republican-led effort to dismantle federal protections for hemp-derived THC products unraveled in the U.S. Senate. US Hemp Roundtable Applauds Senate for Passing Bill Without Harmful Hemp Ban – Sen. Rand Paul championed the removal of language threatening American farmers. Hemp industry remains in the weeds even after the Senate takes loophole closure out of the bill. Hemp: Prohibition will not protect kids from THC, but regulation will | Opinion.
  • Rand Paul Is Working To ‘Reach A Compromise’ On Hemp THC Product Laws With McConnell And House Lawmakers.
  • CRS: Fentanyl Bill Signed By Trump Would Also ‘Streamline Research’ On Schedule I Drugs Like Marijuana.
  • Sen. Rand Paul (R-KY) tweeted, Congratulating HempWood on the grand opening of their second facility. He mentioned he is “…proud to support Kentucky’s hemp industry!”
  • These Alcohol, Pharmaceutical, And Food Companies Lobbied Congress On Marijuana And Psychedelics, New Records Show.

The States

Cannabis Abroad

  • Mexico: Three major cannabis consumption areas in central Mexico City plazas were relocated this week to new government-designated “420 zones,” igniting a fresh wave of debate, protests, and finger-pointing as the capital moves to ready its streets for the 2026 FIFA men’s World Cup.
  • Canada: Canadian medical cannabis exports to Germany continue to grow as the government considers restricting access.

Customs and Trade

  • Canada Border Services Agency officers seized 29 kg of cannabis from a traveler’s suitcases destined for Amsterdam.

Business, Banking, Insurance

  • Inflation? Not in the cannabis market. Here’s why weed is so cheap.
  • The U.S. Hemp Roundtable announced the launch of a Farmer Advisory Council.
  • CBD Pouches Market to Hit Valuation of US$535.62 Million By 2033.
  • With hemp-derived cannabis sales, c-stores must navigate complex state regulations. Here’s where convenience retailers stand in the fast-growing THC segment. Experts urge c-stores to lobby for access before opportunities are legislated away.
  • The creator of cold-pressed hemp drinks aims to disrupt the CBD category – The founder of a UK-based cold-pressed hemp drinks brand says the moment is ripe to enter the thriving functional drinks market.
  • Aurora Cannabis Inc. has voted in a new board of directors
  • Canopy Growth Reports First Quarter Fiscal 2026 Financial Results; Cannabis Revenue Increased 24% Year-Over-Year.

Research

  • Research reveals vaping cannabinoid mixtures produces a chemical that destroys human tissue.
  • Study: Using cannabis and psilocybin together may increase dependence.
  • Study: cannabis users display brain network characteristics typically associated with younger brains, along with enhanced cognitive abilities, highlighting a potential modulatory role for cannabinoids and endocannabinoids in neurodegenerative processes, as explained through neural dedifferentiation and compensation theories.
  • Study: Hemp seed oil has the potential to prevent ulcerative colitis and promote SCFAs-producing gut microbiota and SCFAs production.
  • Study: There is a potential application of Cannabis sativa flower (TCF) as a natural whitening agent in the cosmetics industry.
  • Study: Daily associations between posttraumatic stress disorder, cannabis use, and negative affect among veterans.

Other Noteworthy Updates

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If you are interested in exploring commercial opportunities in the cannabis space, we would be happy to assist you in any of your cannabis law questions, comments, or concerns. Please contact Tish Pahl (tpahl@ofwlaw.com), Kyla Kaplan (kkaplan@ofwlaw.com), Denise Calle (dcalle@ofwlaw.com), and Ben Dash (bdash@ofwlaw.com) for assistance.

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