The cannabis sector is ablaze with potential as President Donald Trump signals a possible reclassification of marijuana from Schedule I to Schedule III, a move analysts hail as a “game changer” for the $80 billion market, with a decision looming in the coming weeks. On Monday, August 11, 2025, Canopy Growth (CGC) rocketed over 26% to $1.72, while Tilray Brands (TLRY) surged more than 41% to $1.05, igniting a rally that has Wall Street buzzing. With the S&P 500 at 6,297.36 and Nasdaq at 20,884.27 reflecting a bullish market, yet tariffs (30% on EU/Mexico, 35% on Canada) and geopolitical tensions (Israel-Iran conflict, oil at $75/barrel) adding uncertainty, could cannabis be the next “Trump sector” to watch? This deep dive explores the reclassification impact, stock performances, and tra
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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