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President Trump's Major Marijuana Move: What It Means for Canopy Growth, Green Thumb, and Tilray

The president directed federal authorities to reschedule medical marijuana.

President Trump's Major Marijuana Move: What It Means for Canopy Growth, Green Thumb, and Tilray

Published July 17, 2026 · Category: Finance

Overview

At the end of last year, the cannabis industry was rocked by a significant change in the laws covering the drug.

This, however, wasn't as momentous as it first seemed. Let's shine a grow light on how it will affect -- or not -- three prominent marijuana companies, Canada-based Canopy Growth (NASDAQ: CGC) and Tilray Brands (NASDAQ: TLRY), and the U.S. multi-state operator (MSO) Green Thumb Industries (OTC: GTBIF).

Image source: Getty Images.

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Originally published at www.fool.com.

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