Dec. 14 at 1:29 PM
$TLRY $CGC $IIPR $CNBS 🚀 Cannabis just got a MAJOR catalyst
🔹 CNBC reports Trump could sign an executive order to reclassify marijuana as soon as Monday (Dec 15) → likely Schedule III
🔹 Why it matters: potential 280E tax relief, easier banking/financing, and more legit medical/research pathways
🔹 Friday action was violent: TLRY +44%, CGC +52%, IIPR +~9%, CNBS +54% (record day)
🧾 Quick company snapshot
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$TLRY: global cannabis + beverages/CPG angle | Shares out: ~1.06B
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$CGC: Canadian cannabis, U.S. optionality via structured exposure | Shares out: ~342M
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$IIPR: cannabis-focused REIT (cultivation/industrial leases) | Shares out: ~28.0M
👀 Next move is all about the actual EO details + follow-through. This sector can gap both ways FAST.
Opinions are my own. Not a solicitation to buy or sell.