Cannabis 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.
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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…
Marijuana Stocks Jump On Trump’s “Revolutionize Senior Healthcare” Video
This post was republished with permission from Zero Hedge The largest marijuana ETF by market capitalization jumped in premarket trading after President Trump’s Truth Social account published an overnight informational video highlighting the health benefits of cannabidiol (CBD), an active ingredient in cannabis derived from the hemp plant, for seniors. On Sunday evening, Trump’s social media team published a video that began with bold text read…
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