Cannabis stocks surge on reports Trump will reclassify marijuana; Tilray jumps 28%
Weed producer Tilray Brands surged more than 28% in Friday's premarket, while Canopy Growth jumped 23%. Cannabis facility operator Innovative Industrial Properties climbed more than 6%.Cannabis stocks jumped on Friday following reports that President Donald Trump will significantly ease federal restrictions on marijuana .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 differe ...