Last Week in Weed: April 28- May 5, 2025
Welcome to the latest edition of “Last week in Weed,” catching you up on the latest breaking news and industry developments in the world of cannabis.
Here’s what you may have missed over the last week:
Researchers Discover a New Cannabinoid in Marijuana
Scientists have identified a new cannabinoid, THCP-C7, expanding the plant’s already complex chemical profile. While its pharmacological effects are still being studied, the discovery shows there’s still plenty left to uncover in cannabis science. As researchers dig deeper into minor cannabinoids, expect more targeted therapeutics and refined formulations to emerge—assuming regulation and research funding can keep pace.
ScottsMiracle-Gro Pulls Hawthorne Guidance, Cannabis Industry Uncertainty Blamed
The parent company of cultivation supply giant Hawthorne Gardening hit the brakes on financial guidance, citing instability in the cannabis market. ScottsMiracle-Gro’s stock slid nearly 10% after the announcement. The move underscores the ongoing volatility in cannabis-adjacent industries, where federal illegality still spooks traditional investors and slows growth—even for well-established players.
Trump’s DEA Nominee Says Cannabis Rescheduling Will Be “One Of My First Priorities”
Former President Donald Trump’s DEA pick, if confirmed, has pledged to prioritize cannabis rescheduling. While details remain sparse, the statement signals that reform-minded rhetoric may still have legs. Whether this is political posturing or a genuine policy shift remains to be seen, but it raises eyebrows (and hopes) for federal change ahead of the 2024 election.
Wiz Khalifa and George Clinton Drop a Funky New Infused Line
In the most psychedelic collab of the year, rapper Wiz Khalifa and funk legend George Clinton launched an infused cannabis line inspired by Parliament-Funkadelic vibes. The products aim to bridge generations of stoners with a mix of music, branding, and potent flower. It’s more than a novelty—celebrity-backed brands continue to dominate consumer interest, though long-term staying power depends on product quality, not just name recognition.
Marijuana Stocks Slide, Though a Few Penny Players Pop
Cannabis stocks opened May on a sour note, continuing a trend that’s plagued the sector for months. While micro-cap players like Maple Leaf Green World and 22nd Century Group managed modest gains, broader investor sentiment remains cautious. This reflects a market waiting on real federal reform—or at least banking relief—before getting bullish again.
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