Tilray Brands (TLRY) Stock Jumps on Trump Marijuana Rescheduling Report: Latest News, Forecasts, and Analyst Views (Dec. 12, 2025)
Tilray Brands shares surged 28% in premarket trading on December 12, 2025, after reports that President Trump may push to reclassify marijuana as a Schedule III substance. The move sparked a rally across cannabis stocks. The Washington Post said no final decision had been made, according to a White House official.