Trump Signs Order To Ease Federal Marijuana Restrictions: Here Is Why Cannabis Stocks Soared And Then Fell - Aurora Cannabis (NASDAQ:ACB), Canopy Growth (NASDAQ:CGC)

President Donald Trump signed an executive order on Thursday, directing federal agencies to loosen regulations on marijuana, marking one of the most significant shifts in federal cannabis policy in decades.To Promote ‘Medical Uses’ of MarijuanaThe order directs U.S. Attorney General Pam Bondi to expedite the process of rescheduling marijuana to Schedule III under the Controlled Substances Act. This would put the popular psychoactive substance right alongside other common painkillers, which means it still fa ...