Silver Intel Report
Miner Company

The cannabis rescheduling is causing celebration — and confusion — as marijuana stocks sell off

By Market Watch April 23, 2026 Bearish
The cannabis rescheduling is causing celebration — and confusion — as marijuana stocks sell off
Marijuana stocks sold off Thursday, after acting U.S. Attorney General Todd Blanche signed an order rescheduling Food and Drug Administration-approved and state-licensed medical cannabis products as a less harmful substance — a move that led to celebration but also confusion among industry observers.
Marijuana stocks sold off Thursday, after acting U.S. Attorney General Todd Blanche signed an order rescheduling Food and Drug Administration-approved and state-licensed medical cannabis products as a less harmful substance — a move that led to celebration but also confusion among industry observers.