Cannabis stocks surged significantly on Dec. 12, 2025, thanks to reports of President Trump's plans to ease federal marijuana regulations by reclassifying it to Schedule III from a Schedule I. This news sparked gains across major players, boosting investor optimism despite no final policy confirmation.Amplify Seymour Cannabis ETF (CNBS)  rallied more than 54% on the day for its best day on record, as mentioned in CNBC.If reclassified, the move would allow cannabis companies to fall under different tax regul ...