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Cannabis Stocks Recovering Premarket
Barrons· 2025-12-19 11:58
Core Viewpoint - U.S. cannabis stocks experienced a rise in premarket trading following President Donald Trump's executive order to reclassify cannabis as less dangerous, which is expected to ease tax burdens on cannabis companies [1] Group 1: Market Reaction - Shares in cannabis producers surged in recent months in anticipation of a policy change that would alleviate tax pressures on the industry [1] - Investors took profits following the announcement of the executive order, although some gains were recovered in premarket trading [1]