Cannabis stocks surge after reports of Trump planning to ease federal restrictions
Cannabis stocks surge after reports of Trump planning to ease federal restrictions
Shares in Canada’s cannabis companies surged after reports U.S. President Donald Trump is planning to ease federal restrictions on the drug.
The Washington Post first reported that the president is expected to direct agencies to reclassify marijuana as a Schedule III drug.
The move would make it similar to some common prescription painkillers, the newspaper says.
A reclassification of the drug in the U.S. could offer an opportunity for Canadian cannabis companies to expand their businesses state
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