BABY SPACEROCK
08-18

Key points from the post:

Cannabis Stocks Surge:

The post highlights a significant increase (+20%) in the stock prices of cannabis companies CGC and TLRY, likely in response to news related to marijuana policy.

"Trump Sector" Inquiry:

The question "Who's the Next 'Trump Sector'?" suggests a discussion about which industries or sectors might benefit next from potential policy changes under a Trump administration.

Marijuana Reclassification:

The core news mentioned is Trump's consideration of reclassifying marijuana as a lower-risk drug, specifically moving it from Schedule I to Schedule III.

"Game Changer" Impact:

Analysts believe this reclassification would be a "game changer" for the cannabis industry, implying a significant positive impact on its legality, research, and business operations. 

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%.
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