Tilray(US:TLRY) Benzinga·2025-12-12 16:15Core Insights - Cannabis stocks have experienced significant movement due to a combination of political developments and successful product launches, marking a revival for the sector [1][4][6] Group 1: Market Dynamics - President Trump's potential reclassification of marijuana to Schedule III is seen as a major catalyst for the cannabis industry, improving the risk profile and facilitating banking and tax processes [4] - Tilray Brands Inc's (TLRY) new product, the Amped Live Resin Diamond Sauce vape, has generated substantial revenue, surpassing the sales of flower products in an entire Canadian province [2][3] Group 2: Stock Performance - Following the news, cannabis stocks, including Canopy Growth Corp (CGC) and SNDL Inc, saw price increases ranging from 15% to 30%, indicating a strong market response to the regulatory changes [5] - Tilray's stock surged nearly 30% in premarket trading, reflecting a genuine demand for its new product rather than speculative trading [2][6] Group 3: Industry Sentiment - The cannabis sector, previously characterized by overpromising and underdelivering, is now witnessing a genuine product success that has revitalized investor confidence [3][6] - The current rally in cannabis stocks is supported by real drivers, including regulatory changes and successful product launches, rather than mere retail speculation [6]