Prediction: President Trump Will Legalize Marijuana in 2026

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October 06 2025

The Signal

President Trump posted a CBD video on Truth Social. Adam Stettner, CEO of FundCanna, calls it a “trial balloon” for cannabis legalization. It’s the first time a sitting president pushed for Medicare to cover cannabinoids.

The Video

Produced by the Commonwealth Project, backed by Howard Kessler, the video targets seniors. It praises Trump for the 2018 Farm Bill, which legalized hemp with less than 0.3% THC. It claims CBD restores the endocannabinoid system, easing pain, stress, and sleep issues, potentially adding years to life.

Healthcare Impact

The video suggests medical cannabis could cut U.S. healthcare costs by $64 billion annually. It advocates Medicare coverage for cannabis to replace costly pharmaceuticals. This aligns with Trump’s push to reduce government spending.

Timeline

Legalization may not be immediate. Stettner sees the video as testing public support. A decision could be announced at the January 2026 State of the Union. Congressional debate and votes would follow. Legalization is predicted by mid-2026, with bipartisan support expected.

Investor Reaction

Cannabis stocks surged. Canopy Growth (CGC) rose 17%, Aurora Cannabis (ACB) gained 28%, and Tilray (TLRY) jumped 60%. U.S.-based Curaleaf Holdings (CURLF) climbed 37%.

Outlook

The video hints at a policy shift. Investors anticipate further stock gains as legalization discussions progress.