Trump may reclassify marijuana, marijuana stocks soar in response
The stock price of AdvisorShares Pure US Cannabis ETF surged up to 23% after trading resumed, marking the largest intraday gain since December 16, 2025, when it was previously halted due to excessive volatility. Amplify Alternative Harvest ETF also saw a rise of up to 15%, its biggest gain since December 16. Tilray's stock price soared 18% after trading resumed, and Aurora Cannabis saw a jump of 15%. Other rising stocks include Cronos, Canopy Growth, Curaleaf Holdings, and Green Thumb Industries.
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