Why Tilray Brands Stock Exploded Today

Tilray Brands (NASDAQ: TLRY) stock, the Canadian cannabis company, soared 40% through 10:25 a.m. ET Monday morning -- and you can thank President Trump for that.Over the weekend, the president posted a near-three-minute-long video on Truth Social, promising that CBD oil "can revolutionize senior healthcare" and lower annual medical costs in America by $64 billion. Investors are taking this as evidence that legislation could be in the works to legalize marijuana, and even be promoted as a favored medical treatment by doctors.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool