Cannabis Stocks Rally on Trump Reclassification Report

Imagine some companies grow and sell a plant called cannabis.

Right now, the US government treats it like a very dangerous drug, like heroin.

But there's a rumor that a top leader might change the rules, making cannabis less restricted.

This made the companies' stocks go up, meaning they became more valuable.

If this change happens, it could help the cannabis businesses by allowing for more research, making it easier to get money, and making people view them more positively.

However, the impact might not be immediate, especially for companies that don't operate in the US.