US cannabis stocks soar 20% after Trump endorses CBD's benefits for seniors

Core Insights - A social media post by US President Donald Trump suggested potential health benefits from cannabidiol (CBD) use, leading to a rise in shares of cannabis companies in early premarket trading [1] Group 1 - The cannabis industry experienced a positive market reaction following Trump's comments, indicating increased investor interest [1] - The mention of health benefits from CBD by a high-profile figure like the President may enhance public perception and acceptance of cannabis products [1]