HIGH HOPES –
Sept. 5, 2025 – Texas officially became the 40th state in the country to allow medical marijuana sales. “Even in some of the reddest of red states, there is a growing acceptance of medical cannabis and that some of the most restrictive policies over time evolve in a way where they become far more expansive, they don’t become more restrictive over time.” “They begin as very restrictive, and become less and less restrictive as politicians and others become comfortable with the reality that cannabis is a medicine that can benefit patients and the state can regulate it in a manner that doesn’t jeopardize public safety.” The $32 billion (2024 sales) cannabis industry is waiting for the Trump Administration to announce its decision around potentially rescheduling marijuana from its current status as a Schedule I drug, alongside heroin and LSD. The rescheduling effort was launched by President Joe Biden in 2022 but came to a halt. During a press conference in August, President Trump said that he is looking into rescheduling: “We’ll make a determination over the next few weeks.”
