Green Thumb Industries Stock Outperformed the Market on Tuesday
Speculation on Decriminalization: Investors in marijuana stocks are closely watching President Trump's comments regarding the potential decriminalization of marijuana, which have sparked optimism in the market.
Impact on Stock Prices: Following Trump's remarks, stocks like Green Thumb Industries saw significant gains, with a surge of over 14% in value.
Presidential Remarks: During a press conference, Trump indicated that the administration is considering an executive order to reschedule marijuana, which could facilitate more research and development in the industry.
Potential Legalization Effects: If marijuana is rescheduled, it would effectively legalize the drug across the U.S., significantly benefiting the marijuana industry by easing current restrictions.
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