News Summary

• President Trump is considering reclassifying marijuana as a less dangerous drug.
• Reclassification could have a major impact on the U.S. economy and the stock market.
• For businesses, it could unlock billions in tax savings and research opportunities.
• For investors, the cannabis industry and Wall Street are bracing for what could be a historic move for the industry and for the market as a whole.
• But don't expect the reclassification to change everything overnight, and investors should be prepared for long stretches of uncertainty.