Cannabis CGC and TLRY +20%! Who’s the Next “Trump Sector”?
Trump says he is considering reclassifying marijuana as a lower-risk drug and will make a decision in the coming weeks. Analysts believe that moving marijuana from Schedule I to Schedule III would be a "game changer" for the approximately $80 billion market. Marijuana-related stocks rallied strongly on Monday, with Canopy Growth soaring over 26% and Tilray Brands surging more than 41%.