Trump Just Eased Federal Marijuana Laws. Is there an Investment Case for Cannabis ETFs Right Now?
2026-04-24 11:41:23 ET
This week brought promising news for the cannabis industry .
On Thursday, the Justice Department (DOJ) reclassified marijuana products licensed by states from Schedule 1 -- the most restrictive federal category that includes heroin -- to the less strictly controlled Schedule III. That group includes less-addictive drugs such as testosterone and codeine.
That could have major implications for the ailing cannabis industry and is likely to revive investor interest in cannabis stocks and exchange-traded funds (ETFs).
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