07:02 AM EDT, 08/11/2025 (MT Newswires) -- Marijuana stocks were up pre-bell Monday after a report by The Wall Street Journal showed that US President Donald Trump was contemplating reclassifying marijuana as a less dangerous drug.

Pot firms have poured "millions of dollars" into Trump's political groups, according to the Friday report by the WSJ.

The White House didn't immediately respond to MT Newswires' request for comment.

Tilray Brands ( TLRY ) shares were up nearly 23% in recent premarket activity Monday, while Canopy Growth ( CGC ) surged 22%. Cronos Group ( CRON ) advanced 21%, Aurora Cannabis ( ACB ) jumped 11%, while Organigram Global ( OGI ) added 5.2%.