Marijuana Stocks Surge Following Trump's Efforts to Reclassify Cannabis
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 12 2025
0mins
Should l Buy SNDL?
Source: SeekingAlpha
Cannabis Stock Surge: Cannabis producer stocks saw significant gains in U.S. premarket trading, with Tilray Brands up 29% and Canopy Growth up 21%, following reports that President Trump may push for reclassifying marijuana to a less dangerous category.
Proposed Reclassification: Trump is considering moving cannabis from Schedule I, which indicates no medical use, to Schedule III, which allows for accepted medical uses but still recognizes potential for abuse and dependence.
Discussions with Officials: Trump held discussions with House Speaker Mike Johnson and several marijuana industry executives regarding the reclassification, although no final decision has been made yet.
Previous Administration's Actions: In March 2024, the Biden administration's Department of Justice proposed rescheduling marijuana to Schedule III, but the DEA later canceled a hearing on the matter.
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Analyst Views on SNDL
About SNDL
SNDL Inc., through its wholly owned subsidiaries, is a vertically integrated cannabis company and a private-sector liquor and cannabis retailer in Canada. Its retail banners include Ace Liquor, Wine and Beyond, Liquor Depot, Value Buds and Spiritleaf. With products available in licensed cannabis retail locations nationally, its consumer-facing cannabis brands include Top Leaf, Contraband, Palmetto, Bon Jak, La Plogue, Versus, Value Buds, Grasslands, Vacay, Pearls by Gron, No Future and Bhang Chocolate. Its liquor retail segment includes the sales of wines, beers and spirits. Its cannabis retail segment includes the sales of cannabis products and accessories through corporate-owned and franchised cannabis retail operations. Its cannabis operations segment operates as a licensed producer that grows cannabis using indoor facilities and manufactures cannabis products, providing cannabis processing services. Its investments segment includes deployment of capital to investment opportunities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
SNDL Inc. Faces Investigation Amid $32.2M Retail Acquisition, Stock Drops 13.12%
- Securities Fraud Investigation: Pomerantz LLP is investigating whether SNDL Inc. has engaged in securities fraud or other unlawful business practices, which could undermine investor confidence and lead to stock volatility.
- Acquisition Agreement Revision: The amendment to SNDL's agreement with 1CM Inc. maintains a total purchase price of $32.2 million but splits the acquisition into two closings to accommodate regulatory approval timelines, indicating the company's cautious approach to compliance.
- Stock Price Reaction: Following the acquisition announcement, SNDL's stock price fell by $0.29, or 13.12%, closing at $1.92 per share, reflecting market concerns regarding the acquisition and the ongoing investigation.
- Legal Firm Background: Pomerantz LLP, a prominent securities class action law firm with over 85 years of experience, focuses on protecting investor rights, which may significantly impact SNDL's future legal liabilities.
See More
SNDL Inc. Faces Investigation After $32.2M Acquisition Deal Revision Leads to 13.12% Stock Drop
- Investigation Launched: Pomerantz LLP is investigating whether SNDL Inc. has engaged in securities fraud or other unlawful business practices, which could significantly impact investor rights.
- Acquisition Agreement Revision: The amendment to the agreement with 1CM Inc. maintains a total purchase price of $32.2 million but splits the acquisition into two closings to accommodate regulatory approval timelines, indicating potential delays in the transaction.
- Stock Price Reaction: Following the announcement of the revised acquisition agreement, SNDL's stock price fell by $0.29, or 13.12%, closing at $1.92 per share, reflecting market uncertainty regarding the deal's implications.
- Legal Context: Pomerantz LLP, a leading firm in securities class action litigation with over 85 years of experience, focuses on fighting for the rights of victims of securities fraud, which may influence SNDL's future legal liabilities.
See More
Trump's Executive Order Urges Cannabis Rescheduling, Potentially Eliminating 280E Tax Burden
- Significant Policy Shift: President Trump's executive order urging the DOJ to reschedule cannabis is hailed as the most consequential federal cannabis policy change in over 50 years, potentially transforming the tax landscape for U.S. cannabis operators.
- Tax Burden Relief: Rescheduling cannabis would automatically eliminate Section 280E, allowing legal state operators to deduct standard operating costs, significantly improving their balance sheets and cash flow profiles.
- Positive Market Reaction: The AdvisorShares MSOS ETF outperformed the S&P 500 in 2025, and while the sector remains the 'most volatile' place to invest, Ahrens predicts a market 'pop' upon finalization of the rescheduling.
- Challenges Ahead: Despite the positive first step of rescheduling, U.S. cannabis companies still cannot list on major exchanges, and the industry awaits 'safe harbor' provisions for banking, necessitating caution from investors regarding future market volatility.
See More
SNDL Inc. Faces Investigation After $32.2M Acquisition Deal Revision Leads to 13.12% Stock Drop
- Investigation Launched: Pomerantz LLP is investigating whether SNDL Inc. has engaged in securities fraud or other unlawful business practices, aiming to protect investor rights and potentially initiate a class action.
- Acquisition Agreement Revision: The revised agreement between SNDL and 1CM Inc. maintains a total purchase price of $32.2 million but splits the acquisition into two closings to accommodate regulatory approval timelines.
- Stock Price Reaction: Following the announcement of the acquisition deal revision, SNDL's stock price fell by $0.29, or 13.12%, closing at $1.92 per share, reflecting market uncertainty regarding the transaction.
- Legal Background: Pomerantz LLP, a prominent securities class action law firm with over 85 years of experience, focuses on the rights of victims of securities fraud and corporate misconduct, which could significantly impact SNDL's future.
See More
SNDL Faces Investigation Amid $32.2M Retail Acquisition, Stock Drops 13.12%
- Acquisition Agreement Revision: SNDL's amended agreement with 1CM retains a total purchase price of $32.2 million but splits the acquisition into two closings to accommodate regulatory approval timelines, demonstrating the company's adaptability in a complex environment.
- Stock Price Reaction: Following the acquisition announcement, SNDL's stock price fell by $0.29, a decline of 13.12%, closing at $1.92 per share, reflecting market concerns regarding the company's future outlook.
- Legal Investigation Initiated: Pomerantz LLP is investigating whether SNDL and its executives engaged in securities fraud or other unlawful business practices, which could further damage the company's reputation and shareholder confidence.
- Investor Advisory: Investors are advised to contact Pomerantz LLP, indicating the company's transparency and accountability in addressing potential legal risks, which may impact future investor trust.
See More
SNDL Completes Acquisition of 5 Cannabis Retail Stores, Expanding Market Presence
- Acquisition Completed: SNDL has finalized the acquisition of 5 cannabis retail stores from 1CM, marking the completion of the first closing under the amended agreement dated December 15, 2025, which strengthens its market position in Alberta and Saskatchewan.
- Future Plans: The second and final closing for 27 additional retail stores in Ontario is anticipated in the first half of 2026, subject to regulatory approvals, which will significantly enhance SNDL's market coverage and sales capabilities.
- Industry Position: As the largest private-sector liquor and cannabis retailer in Canada, SNDL's acquisition will further bolster its competitive edge in the rapidly growing cannabis market.
- Strategic Investment: This acquisition not only represents a crucial step in SNDL's business expansion but also underscores its investment strategy in the North American cannabis industry, aiming to drive long-term growth through acquisitions and partnerships.
See More
SNDL Inc. Faces Investigation Amid $32.2M Retail Acquisition, Stock Drops 13.12%
- Securities Fraud Investigation: Pomerantz LLP is investigating whether SNDL Inc. has engaged in securities fraud or other unlawful business practices, which could undermine investor confidence and lead to stock volatility.
- Acquisition Agreement Revision: The amendment to SNDL's agreement with 1CM Inc. maintains a total purchase price of $32.2 million but splits the acquisition into two closings to accommodate regulatory approval timelines, indicating the company's cautious approach to compliance.
- Stock Price Reaction: Following the acquisition announcement, SNDL's stock price fell by $0.29, or 13.12%, closing at $1.92 per share, reflecting market concerns regarding the acquisition and the ongoing investigation.
- Legal Firm Background: Pomerantz LLP, a prominent securities class action law firm with over 85 years of experience, focuses on protecting investor rights, which may significantly impact SNDL's future legal liabilities.
See More
SNDL Inc. Faces Investigation After $32.2M Acquisition Deal Revision Leads to 13.12% Stock Drop
- Investigation Launched: Pomerantz LLP is investigating whether SNDL Inc. has engaged in securities fraud or other unlawful business practices, which could significantly impact investor rights.
- Acquisition Agreement Revision: The amendment to the agreement with 1CM Inc. maintains a total purchase price of $32.2 million but splits the acquisition into two closings to accommodate regulatory approval timelines, indicating potential delays in the transaction.
- Stock Price Reaction: Following the announcement of the revised acquisition agreement, SNDL's stock price fell by $0.29, or 13.12%, closing at $1.92 per share, reflecting market uncertainty regarding the deal's implications.
- Legal Context: Pomerantz LLP, a leading firm in securities class action litigation with over 85 years of experience, focuses on fighting for the rights of victims of securities fraud, which may influence SNDL's future legal liabilities.
See More
Trump's Executive Order Urges Cannabis Rescheduling, Potentially Eliminating 280E Tax Burden
- Significant Policy Shift: President Trump's executive order urging the DOJ to reschedule cannabis is hailed as the most consequential federal cannabis policy change in over 50 years, potentially transforming the tax landscape for U.S. cannabis operators.
- Tax Burden Relief: Rescheduling cannabis would automatically eliminate Section 280E, allowing legal state operators to deduct standard operating costs, significantly improving their balance sheets and cash flow profiles.
- Positive Market Reaction: The AdvisorShares MSOS ETF outperformed the S&P 500 in 2025, and while the sector remains the 'most volatile' place to invest, Ahrens predicts a market 'pop' upon finalization of the rescheduling.
- Challenges Ahead: Despite the positive first step of rescheduling, U.S. cannabis companies still cannot list on major exchanges, and the industry awaits 'safe harbor' provisions for banking, necessitating caution from investors regarding future market volatility.
See More
SNDL Inc. Faces Investigation After $32.2M Acquisition Deal Revision Leads to 13.12% Stock Drop
- Investigation Launched: Pomerantz LLP is investigating whether SNDL Inc. has engaged in securities fraud or other unlawful business practices, aiming to protect investor rights and potentially initiate a class action.
- Acquisition Agreement Revision: The revised agreement between SNDL and 1CM Inc. maintains a total purchase price of $32.2 million but splits the acquisition into two closings to accommodate regulatory approval timelines.
- Stock Price Reaction: Following the announcement of the acquisition deal revision, SNDL's stock price fell by $0.29, or 13.12%, closing at $1.92 per share, reflecting market uncertainty regarding the transaction.
- Legal Background: Pomerantz LLP, a prominent securities class action law firm with over 85 years of experience, focuses on the rights of victims of securities fraud and corporate misconduct, which could significantly impact SNDL's future.
See More
SNDL Faces Investigation Amid $32.2M Retail Acquisition, Stock Drops 13.12%
- Acquisition Agreement Revision: SNDL's amended agreement with 1CM retains a total purchase price of $32.2 million but splits the acquisition into two closings to accommodate regulatory approval timelines, demonstrating the company's adaptability in a complex environment.
- Stock Price Reaction: Following the acquisition announcement, SNDL's stock price fell by $0.29, a decline of 13.12%, closing at $1.92 per share, reflecting market concerns regarding the company's future outlook.
- Legal Investigation Initiated: Pomerantz LLP is investigating whether SNDL and its executives engaged in securities fraud or other unlawful business practices, which could further damage the company's reputation and shareholder confidence.
- Investor Advisory: Investors are advised to contact Pomerantz LLP, indicating the company's transparency and accountability in addressing potential legal risks, which may impact future investor trust.
See More
SNDL Completes Acquisition of 5 Cannabis Retail Stores, Expanding Market Presence
- Acquisition Completed: SNDL has finalized the acquisition of 5 cannabis retail stores from 1CM, marking the completion of the first closing under the amended agreement dated December 15, 2025, which strengthens its market position in Alberta and Saskatchewan.
- Future Plans: The second and final closing for 27 additional retail stores in Ontario is anticipated in the first half of 2026, subject to regulatory approvals, which will significantly enhance SNDL's market coverage and sales capabilities.
- Industry Position: As the largest private-sector liquor and cannabis retailer in Canada, SNDL's acquisition will further bolster its competitive edge in the rapidly growing cannabis market.
- Strategic Investment: This acquisition not only represents a crucial step in SNDL's business expansion but also underscores its investment strategy in the North American cannabis industry, aiming to drive long-term growth through acquisitions and partnerships.
See More
