Stock Track | SNDL Inc. Soars 7.25% Intraday as Trump Expected to Ease Marijuana Restrictions

Stock Track12-18

SNDL Inc. (SNDL) surged 7.25% during Thursday's intraday trading session, reflecting heightened investor optimism in the cannabis sector.

The rally follows reports that U.S. President Donald Trump is expected to sign an executive order reclassifying marijuana from Schedule I to Schedule III under the Controlled Substances Act. This move would reduce federal restrictions, lower taxes, and ease funding challenges for cannabis companies like SNDL.

The broader cannabis sector also rallied, with peers such as Canopy Growth and Tilray Brands posting gains, as the anticipated regulatory change is seen as a long-term catalyst for the industry.

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