Why Bullish?

Reclassification could open new markets and investment opportunities for cannabis firms like ACB. Historically, similar announcements in the cannabis sector led to market surges.

How important is it?

Trump's comments indicate potential federal shifts in cannabis policy, which directly influence ACB's market outlook. The current regulatory environment heavily impacts cannabis stocks.

Why Long Term?

Reclassification would likely spur gradual policy changes, providing a long-term growth perspective. The cannabis industry has seen sustained interest following regulatory shifts.

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