Cannabis stocks could see a massive boost from news that President Trump told federal agencies to prepare for the imminent loosening of federal restrictions on cannabis. “The Drug Enforcement Agency is expected to announce the first steps towards reclassifying the drug as soon as this week,” says the Independent.
That kind of policy shift could be a game-changer for the entire industry.
For years, cannabis stocks have struggled under the weight of regulatory uncertainty, limited banking access, high tax burdens, and restrictions that have prevented many companies from reaching their full potential. A meaningful easing of federal restrictions could help remove some of those long-standing barriers, opening the door to improved profitability, stronger institutional interest, and renewed momentum across the space. If that happens, cannabis stocks could see significantly higher highs from current levels.
One of the names that could benefit is Tilray Brands (TLRY). Analysts at Roth Capital believe the stock could rally by more than 40% over the next 12 months. Part of that optimism is tied to Tilray’s Canadian cannabis business, which remains one of the more established operations in the industry. The company is also seeing a rebound in its international business, which has become an increasingly important growth driver.
Sincerely,
Ian Cooper
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