Cannabis stocks surge on report Trump seeks to ease restrictions

Shares of cannabis companies jumped on Friday after the Washington Post reported U.S. President Donald Trump is expected to push the government to dramatically loosen federal restrictions on marijuana.

Reuters • Dec 12, 2025

Cannabis stocks surge on reports Trump will reclassify marijuana; Tilray jumps 28%

President Donald Trump will significantly ease federal restrictions on marijuana and change its classification, according to the Washington Post and Axios. Cannabis stocks surged following the report.

CNBC • Dec 12, 2025

Trump expected to sign executive order to reclassify marijuana as soon as Monday, source tells CNBC

Cannabis stocks jumped Friday as the White House moved to significantly ease federal restrictions on marijuana. Brandon Gomez has the latest on the timing of a potential Executive Order and why the industry says it's “more optimistic” this time around.

CNBC Television • Dec 12, 2025

Cannabis stocks spike on reports Trump plans to ease federal pot restrictions

The rally marked one of the biggest single-day moves for cannabis stocks in years, snapping a prolonged slump.

New York Post • Dec 12, 2025

Cannabis stocks surge on Trump's rumored Schedule 3 marijuana change. How high can pot shares get?

Multiple news reports this week said that President Trump is expected to reclassify marijuana's drug scheduling, which would lessen restrictions on its use and potentially allow companies that operate in the cannabis space to increase business.

Fast Company • Dec 12, 2025

Donald Trump Lifts These Marijuana Stocks On Reports He's Poised To Loosen Federal Restrictions

Donald Trump kicked off a marijuana stock rally before Friday's stock market open.

Investors Business Daily • Dec 12, 2025

Cannabis stocks surge as Trump signals shift on US marijuana policy

US-listed cannabis stocks saw sharp premarket gains on Friday after fresh reporting pointed to a possible change in federal marijuana policy under President Donald Trump. The development revived investor focus on regulatory risk, funding constraints, and the industry's long-stalled growth prospects.

Invezz • Dec 12, 2025

Cannabis stocks rise on reports Trump may reschedule marijuana

Cannabis stocks surged on Friday on reports that President Donald Trump is considering an executive order to reschedule marijuana at the federal level, potentially moving it from Schedule I to Schedule III. According to people familiar with the matter, Trump has discussed the proposal with marijuana industry executives, Health and Human Services Secretary Robert F.

Proactive Investors • Dec 12, 2025

Trump Expected to Label Pot a Less Dangerous Drug

President Donald Trump is expected have his administration classify marijuana as a less dangerous drug, according to people familiar with the matter. This has been good news for pot stocks.

Bloomberg Markets and Finance • Dec 12, 2025

Are Medical Stocks Lagging Cronos Group (CRON) This Year?

Here is how Cronos Group (CRON) and Castle Biosciences, Inc. (CSTL) have performed compared to their sector so far this year.

Zacks Investment Research • Dec 11, 2025