Pot stocks keep blazing, after Trump says he’s ‘very strongly’ looking at rescheduling cannabis
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Pot stocks keep blazing, after Trump says he’s ‘very strongly’ looking at rescheduling cannabisListen(3 min)Listen(3 min)Shares of U.S. and Canadian cannabis stocks continued their rally on Tuesday, after President Donald Trump a day earlier said he was “very strongly” weighing an executive order to reschedule the drug, a move that could lift some regulations on the substance.Curaleaf Holdings CURLF and Trulieve Cannabis CA:TRUL, which produce cannabis in multiple U.S states, were up 8% and 6.4%, respectively. Canadian producer Tilray Brands TLRY jumped 19%, while Canopy Growth CGC moved 11.5% higher.About the AuthorBill Peters is a Los Angeles-based MarketWatch reporter who covers earnings.Copyright © 2025 MarketWatch, Inc. All rights reserved.