Cannabis stocks surge on reports Trump will reclassify marijuana; Tilray jumps 28%

 Cannabis stocks surge on reports Trump will reclassify marijuana; Tilray jumps 28%

President Donald Trump will significantly ease federal restrictions on marijuana, according to the Washington Post.

Trump is expected to tell agencies to reclassify marijuana as a Schedule III drug, The Washington Post reported on Thursday. Such a move would allow cannabis companies to fall under different tax reg…