U.S.-listed shares of cannabis firms jump
President Donald Trump said on Monday he is considering signing an executive order to reclassify marijuana as a less dangerous drug, though he offered no timeline for the move
Shares of Canopy Growth (WEED.TO) (CGC.O) , Cronos Group (CRON.TO) (CRON.O) , SNDL (SNDL.CD) (SNDL.O) and Aurora Cannabis (ACB.TO) (ACB.O) up between 3.3% and 9.4%
Tilray Brands’ (TLRY.TO) (TLRY.O) stock jumps 21.6%
The stocks remain above the levels they were at when news of the possible reclassification broke last week
A reclassification could ease criminal penalties and reshape the pot industry by lowering tax burdens and making it easier for firms to secure funding

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Cannabis stocks surged after President Trump announced he might sign an executive order to reclassify marijuana as a less dangerous drug. This potential reclassification could ease criminal penalties and reshape the industry by lowering tax burdens and facilitating funding. Shares of companies like Canopy Growth, Cronos Group, SNDL, Aurora Cannabis, and Tilray Brands saw significant increases, with Tilray jumping 21.6%. The stocks remain above their levels from last week when the reclassification news first emerged.

- U.S.-listed cannabis firms' shares increased following President Donald Trump's statement about potentially reclassifying marijuana as a less dangerous drug.  
- Shares of Canopy Growth, Cronos Group, SNDL, and Aurora Cannabis rose between 3.3% and 9.4%, while Tilray Brands saw a significant jump of 21.6%.  
- Reclassifying marijuana could reduce criminal penalties and reform the cannabis industry by lowering taxes and improving access to funding for companies.

BUZZ-Cannabis stocks rise after Trumps considers executive order to reclassify marijuana