Trump Just Eased Federal Marijuana Laws. Is there an Investment Case for Cannabis ETFs Right Now?
Source: Motley Fool
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).
AdvisorShares Pure Cannabis ETF
NASDAQ: YOLO
YOLO Trading
4.98% G/L:
$3.16 Last:
38,478 Volume:
$3.12 Open:
YOLO Latest News
April 24, 2026 11:41:23 am
Trump Just Eased Federal Marijuana Laws. Is there an Investment Case for Cannabis ETFs Right Now?
April 23, 2026 09:24:00 am
AdvisorShares Issues Statement on Finalization of Federal Cannabis Rescheduling
December 18, 2025 04:39:00 pm
AdvisorShares Issues Statement on Executive Order to Reclassify Cannabis
