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The Guardian - US
The Guardian - US
Politics
Lauren Aratani in New York

Cannabis stocks soar after Trump shares video promoting drug’s use for seniors

Donald Trump DEA Medicaid Tilray
cannabis plants
A cannabis farm in Michigan in on 31 October 2022. Photograph: Charlie Riedel/AP

Cannabis stocks are on a high after Donald Trump shared a video on Sunday promoting cannabis use for seniors and Medicaid coverage of CBD products.

The nearly three-minute-long video, posted on the president’s Truth Social platform, touts the usage of hemp-derived CBD as a “gamechanger” that is a pain and stress reliever for seniors.

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