US EditionCannabis stocks surge after Trump endorses cannabidiol for senior healthcare
President Trump’s endorsement of CBD for seniors lifted cannabis stocks up to 25%, signaling possible federal rescheduling and easing of industry tax and banking restrictions.
- On Sunday, President Donald Trump posted a near-three-minute video on Truth Social promoting hemp-derived CBD and urging Medicare coverage for seniors, sparking jumps in U.S. cannabis stocks and ETFs Monday.
- A nearly three-minute clip produced by The Commonwealth Project targets the 65-plus population, calling for Medicare to cover marijuana and citing $64 billion in annual health-care savings.
- The AdvisorShares Pure U.S. Cannabis ETF surged about 20.6% in premarket trading and is set for its biggest quarterly gain around 70%, while Tilray Brands spiked up to 40% and Canopy Growth, Cronos Group, and Aurora Cannabis posted double-digit gains.
- Reclassification, however, hinges on Drug Enforcement Administration action plus court fights and U.S. Congress buy-in, meaning change could take months rather than weeks despite Section 280E tax relief for cannabis companies.
- Amid congressional debate over hemp rules, about 20 percent of seniors already use CBD while GOP lawmakers push stricter limits despite strong public support to end federal prohibition.
27 Articles
27 Articles
Cannabis Market Explodes on Trump’s Surprise CBD Endorsement
Source: PATCHARIN SAENLAKON / Getty Shares of cannabis companies surged in premarket trading Monday after U.S. President Donald Trump highlighted the potential role of cannabidiol (CBD) in senior healthcare. In a Truth Social post on Sunday, Trump said hemp-derived CBD could “revolutionize senior healthcare” by slowing disease progression and serving as an alternative to prescription drugs. The comments follow Trump’s earlier suggestion that his…
The Savage Nation – MichaelSavage.com – Cannabis stocks soar after Trump shares video promoting drug’s use for seniors
Trump promotes cannabis and CBD oil 🏆 God gave us everything we needed to naturally heal. pic.twitter.com/KqRLuVU8HX— Katie Liane (@TheKaterPotater) September 28, 2025 Cannabis stocks are on a high after Donald Trump shared a video on Sunday promoting cannabis use for seniors and Medicaid coverage of CBD products. The nearly three-minute-long video, posted on the…
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