Trump Reclassifies Marijuana, Stocks Surge

0:00On April 22nd, President Trump is set to reclassify marijuana this week, shaking up the cannabis world big time. Stocks and companies like Canopy jumped 23 percent, until Ray climbed 15 percent on the news. This move won't legalize weed right away, but it could change federal views on the drug after decades of strict rules. Earlier this month, Trump signed an executive order to ease some marijuana regulations, causing momentum for this step. Reclassification would move it toward less dangerous drugs, like everyday painkillers, and open doors for more research into medical uses. One in five Americans spark up marijuana at least once a year, according to the Centers for Disease Control. Medical users stand to benefit most, getting easier access without as much hassle, and companies could see lower taxes plus better funding options. Reports say the President can push for it, but the Drug Enforcement Administration holds the final say on reclassification. Keep an eye on this. Cannabis stocks are buzzing, and policy shifts like these could redefine the game for good.

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