Cannabis Stocks Jump After Trump Highlights CBD in New Video

Cannabis stocks saw a sharp rise this week after President Trump posted a video highlighting the potential health benefits of CBD for seniors. The announcement drew strong investor interest, pushing shares of major companies higher. The video centered on CBD, a non-psychoactive compound from hemp that has shown promise in early studies for its therapeutic uses. It also pointed to the economic potential of cannabis reform, noting possible large-scale savings if the plant were legalized and integrated into the healthcare system.

Trump’s renewed attention to cannabis policy comes as federal reform remains stalled. While the Biden administration initiated steps to move cannabis from Schedule I to Schedule III, that effort was delayed under the DEA. With a new DEA administrator in place and ongoing political interest, the future of cannabis regulation at the federal level remains uncertain, but investor optimism appears to be strengthening.