
U.S.-listed shares of cannabis companies rose premarket following reports last week that the United States could soon ease restriction on marijuana
Canopy Growth WEED.TO up 9.2%, Tilray Brands TLRY.TO up 6.7% premarket
ETF AdvisorShares Pure US Cannabis MSOS.P up 4.8%
Trump is expected to issue an executive order that would allow for reclassification of weed as a less dangerous drug
Analysts expect this could ease criminal penalties and make it easier for cannabis companies to secure funding
Up to last close, TLRY down 8.7%, WEED down 39.1% YTD