Last Updated: Dec. 19, 2025 at 4:08 p.m. ET
First Published: Dec. 19, 2025 at 3:17 p.m. ET
After President Donald Trump on Thursday signed an executive order to reclassify cannabis, Wall Street is now focused on the when the change will actually happen, as the marijuana industry waits for tax relief and expanded research opportunities.
And looking further out, observers are also wondering about the implications of easier banking access for the cannabis sector, as well as broader state legalization efforts and industry consolidation.
