Trump’s Potential Move to Reschedule Marijuana Sends Pot Stocks Soaring – Is This the Tipping Point?
:max_bytes(150000):strip_icc()/GettyImages-2228905547-53fe490a620b46b69a4582e7a47080d1.jpg)
Federal cannabis reform just got a shot of adrenaline—and Wall Street's already pricing in the high.
The Catalyst: Rumors swirl that the Trump administration may downgrade marijuana from Schedule I to Schedule III, effectively decriminalizing it at the federal level. The mere whisper of regulatory relief triggered a sector-wide rally, with penny pot stocks suddenly acting like blue chips.
The Irony: After years of crypto-style volatility and broken promises, cannabis investors finally get their moonshot—courtesy of an unlikely political ally. Funny how prohibition’s endgame always smells like money.
The Bottom Line: Whether this becomes a sustainable breakout or another pump-and-dump depends entirely on D.C.’s follow-through. But for now? The charts don’t lie—this sector’s baked.