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Cannabis Stocks Surge After Trump Hints at CBD Health Benefits, Reclassification Plans
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Cannabis Stocks Surge After Trump Hints at CBD Health Benefits, Reclassification Plans
Sep 29, 2025 4:11 AM

06:52 AM EDT, 09/29/2025 (MT Newswires) -- Shares of major cannabis companies jumped in Monday's premarket trading after President Donald Trump posted on social media about the potential health benefits of cannabidiol.

Trump's post on Sunday said cannabidiol could 'revolutionize senior healthcare' by slowing down disease progression and serving as an alternative to prescription drugs.

Companies like Canopy Growth ( CGC ) and Tilray Brands ( TLRY ) surged around 20%, while Cronos Group ( CRON ) and Aurora Cannabis ( ACB ) rose over 10%.

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