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Trump Just Eased Federal Marijuana Laws. Is there an Investment Case for Cannabis ETFs Right Now?The Justice Department reclassified state-licensed marijuana from Schedule I to Schedule III, with a June hearing planned for recreational marijuana reclassification. This follows President Trump's executive order to downgrade cannabis to a less restrictive category. The move could ease the cannabis industry's banking access and tax burden issues, potentially increasing demand and state legalization efforts.The Motley Fool · Apr 24, 2026

1 Major Reason Cannabis Stocks Surged This WeekMarijuana stocks experienced significant gains after Donald Trump's video promoting hemp-derived CBD benefits and potential marijuana reclassification, with several cannabis companies and ETFs seeing notable price increases.The Motley Fool · Oct 1, 2025

Weed Industry Celebrates Biden's Rescheduling Move: 'Most Monumental Cannabis Reform In Half A Century'Cannabis companies and legalization advocates are applauding President Joe Biden's Thursday announcement that formalizes the rescheduling process that will finally move cannabis from the DEA's Schedule I to Schedule III. "This change represents a major leap forward and an opportunity to correct a long-standing wrong which has disproportionally impacted marginalized communities, inhibited research, and restrained the responsible growth of the U.S. cannabis industry," said David Klein, CEO of Canopy Growth (NASDAQ:CGC). “In addition to setting an important precedent and paving the way for additional reform including full legalization, rescheduling is especially significant as it provides an immediate and significant improvement to the cashflow of all state-legal cannabis businesses including those within Canopy USA." Kim Rivers, CEO of Trulieve (OTCQX:TCNNF), didn’t hold back. “Today is historic!” she said. "Today is historic! Cannabis is moving to schedule III. We applaud the President and his administration for making federal cannabis reform a priority." – CEO @rivers_kim pic.twitter.com/afZV4smOby — Trulieve (@Trulieve) May 16, 2024 The transformative news for the cannabis market comes ahead of Benzinga’s Cannabis Capital Conference, which returns to Chicago Oct. 8-9. David Hart, CEO of The Cannabist Company (OTC:CBSTF), one of the largest ...Full story available on Benzinga.comBenzinga · May 16, 2024

Top ETF Stories of March to Be Watched in AprilWall Street delivered a decent performance in March. With rates rising to start April, let's look at the key ETF stories of March that may hit headlines in April too.Zacks Investment Research · Apr 3, 2024

5 Top-Performing ETF Areas of Last WeekWall Street displayed a mixed performance last week.Zacks Investment Research · Apr 2, 2024

5 Best ETF Areas of MarchWall Street offered decent returns in March. Marijuana, mining and cryptocurrency were the real winners in the month while some other spaces also rallied hard.Zacks Investment Research · Apr 1, 2024

5 Sector ETFs That Beat the Market in MarchThe month of March has been good for the U.S. stock market, with the three major bourses on track for the fifth consecutive month of gain.Zacks Investment Research · Mar 28, 2024

Is Rescheduling a Certainty for Cannabis? ETFs That SurgeIn a White House meeting, Vice President Kamala Harris this week urged the DEA to expedite the rescheduling of marijuana. President Biden also lately talked about ongoing efforts to review the federal classification of marijuana, hinting at his commitment to potential reformsZacks Investment Research · Mar 22, 2024

Cannabis ETFs Jump on Imminent Rescheduling NewsCannabis stocks & ETFs jumped on Mar 15 after a prominent hedge fund manager suggested that regulators will soon reclassify marijuana as a less dangerous drug.Zacks Investment Research · Mar 18, 2024

Cannabis Stocks: Here's How to Maximize Your Gains Amid Sector's Strong ResurgenceInvesting.com · Feb 22, 2024

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Last · Dec 30Quarterly

Amount$0.59

Yield2.69%

Annual$0.59