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:
Oregon Court Slams Police Use of Aerial Surveillance
The Oregon Court of Appeals ruled that law enforcement violated constitutional protections by using an aerial camera without a warrant to investigate a marijuana grow. The decision could reshape how surveillance tech is used in cannabis-related enforcement, especially in states with partial or full legalization. It’s a win for privacy advocates and a reminder that legalization doesn’t mean immunity from overreach.
CannaCon Returns to Michigan
One of the Midwest’s premier cannabis B2B conferences will return to Michigan later this month. CannaCon Lansing will host thousands of industry professionals, from cultivators to retailers, offering product showcases and educational panels aimed at navigating Michigan’s volatile but thriving cannabis economy. With Michigan maintaining its status as one of the strongest state markets in the U.S., this trade show serves as an excellent pulse check on the future of cannabis in the Midwest.
Czech Republic Legalization Set for 2026
The Czech Republic is poised to become one of Europe’s next legal cannabis markets. Lawmakers approved a framework to legalize cannabis for adult use beginning January 1, 2026. While the exact details of the regulatory system are still under development, this signals a serious move toward a regulated model—complete with licensed cultivation, distribution, and taxation. Czechia’s alignment with Germany’s progressive stance could trigger broader reform across the EU. Is this Europe’s tipping point? Don’t be surprised when international companies and investors to start circling Prague like hawks.
Navy SEAL Rob O’Neill Speaks Out on Psychedelics and PTSD
Rob O’Neill, the former Navy SEAL credited with killing Osama Bin Laden, told Tucker Carlson that psychedelic-assisted therapy helped him overcome PTSD. O’Neill joins a growing list of veterans publicly endorsing psilocybin and other entheogens as legitimate medical treatments. While his endorsement won’t change federal law tomorrow—it adds serious weight to the growing bipartisan push for psychedelic reform, especially for veteran care.
Marijuana Stocks Move with the Summer Heat
Cannabis stocks showed mixed momentum last week. Tilray Brands (TLRY) rose over 4% as investors responded to positive earnings projections tied to its beverage and international segments. Cronos Group (CRON) also posted modest gains following news of potential acquisition interest. Meanwhile, Planet 13 (PLNH) dipped slightly amid flat revenue growth and stalled expansion plans. It’s more of a simmer than a sizzle on Wall Street. Until federal banking access or rescheduling moves, expect cannabis stocks to stay volatile but range-bound.
