According to foreign media citing government officials, the Trump administration may soon reclassify marijuana, potentially opening the door to long-sought research and banking services for the industry. The news spurred sharp gains in shares of Tilray (TLRY.US) and other cannabis producers on Wednesday.Canada-based Tilray Brands, listed in the US, rose 14%; rival Canopy Growth (CGC.US) jumped 21%; while US producer Curaleaf (CURLF.US) surged 26%.Related NewsAnthropic Reportedly Plans to Release Mythos AI Model to UK Financial Institutions Within a WeekThe cannabis-focused exchange-traded fund AdvisorShares Pure US Cannabis ETF (MSOS.US) soared 19%.(to/s)(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
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