Cannabis stocks soar after Trump shares video promoting drug’s use for seniors

The GuardianMonday, September 29, 2025 at 6:26:04 PM
Cannabis stocks soar after Trump shares video promoting drug’s use for seniors
Cannabis stocks have experienced a significant surge following a video shared by Donald Trump on his Truth Social platform, where he advocates for the use of CBD products among seniors and highlights the potential for Medicaid coverage. This endorsement positions CBD as a 'gamechanger' for pain and stress relief, which could lead to increased acceptance and market growth for cannabis-related products. The implications of this support from a prominent political figure could reshape public perception and regulatory approaches to cannabis use.
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