U.S. President Trump stated that the cannabis order is not law and will not legalize cannabis in any form.

Cannabis stocks are currently mixed, with ETF CNBS down 15.3%, MSOS down 14.2%, MJ down 8.1%, GrowGeneration down 7.7%, Tilray Brands down 0.1%, Agrify up 3.7%, Canopy Growth up 4.9%, and VFF up 5.1%