Marijuana stocks spun higher in market trade Friday, rallying on reports President Donald Trump aims to loosen federal restrictions on marijuana. Plans call for cutting oversight of marijuana products to the same level as some ordinary prescription painkillers.

The move could doom bipartisan efforts to ban stock trading, as Republicans may not back a measure that extends to the executive branch.

Likewise, World Liberty Financial, a firm Trump and Steve Witkoff co-founded last year along with their sons, started trading a new token in September. It rose to 25 cents in late September but has yet to take off and on Friday fell to 14 cents.

On April 2, the president unveiled his touted tariff and trade policy. It featured a sweeping 10% global tariff, along with higher "reciprocal tariffs" on dozens of countries that were deemed to have adverse trade imbalances with America.

Trump is reportedly considering easy some restrictions on cannabis, and investors are piling into the sector on Friday.

Marijuana stocks Tilray Brands and Canopy Growth surged Friday following reports that President Donald Trump would loosen federal restrictions on marijuana.

Few investors have more notoriety than Bill Ackman and Michael Burry, the latter portrayed in "The Big Short."

An upcoming US Supreme Court ruling on the legality of the sweeping tariffs that President Donald Trump rolled out in April — briefly sending markets worldwide into a tailspin — could be the next test for stocks that have been flying high.

A senator is buying up shares of large financial company ahead of 2026. Here's a look at the recent trades from the close ally of President Donald Trump.

President Donald Trump is expected to sign an executive order that would fast-track the reclassification of cannabis and acknowledge its medical benefits.