Weed stocks light up
Wall Street Breakfast
Seeking Alpha
3.8 • 950 Ratings
🗓️ 30 September 2025
⏱️ 7 minutes
🧾️ Download transcript
Summary
Episode transcripts seekingalpha.com/wsb.
Show links:
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Transcript
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | We've made it to the final trading day of the month. The last day of the quarter, it's Tuesday, September 30th. |
| 0:14.8 | I'm Julie Morgan. Cannabis catches fire on Wall Street. Trump wins another payout and McDonald's is bringing back a fan favorite. |
| 0:25.0 | Cannabis stocks moved sharply higher on Monday after President Trump publicly endorsed the use of CBD for senior health care. |
| 0:33.8 | The president posted a video on his truth social account from the Commonwealth Project that highlighted CBD's potential to revolutionize senior health care |
| 0:43.3 | by slowing the progression of diseases and providing alternatives to prescription drugs. |
| 0:49.4 | Shares of leading cannabis firms including Tilray brands, Kronos group, Aurora Cannabis, and related |
| 0:56.0 | ETFs rose by double digits following the post on Truth Social. U.S. listed shares of |
| 1:01.9 | canopy growth gained 17% on Monday. Tilrey brands jumped 60%. Kronos Group added 13% |
| 1:10.9 | and Aurora Cannabis scale 28%. |
| 1:14.3 | As for ETF's ticker symbol |
| 1:16.5 | MSOS gained 28% and MJ |
| 1:20.1 | gained more than 26%. |
| 1:22.7 | Other U.S. and Canadian cannabis companies |
| 1:25.5 | including Green Thumb Industries, |
| 1:29.0 | Cura Leaf Holdings, and True Leaf also saw considerable gains. The video posted by Trump highlighted CBD use for reducing pain |
| 1:36.1 | and stress, improving sleep and helping deal with health issues, including cancer symptoms and Alzheimer's. |
| 1:43.4 | The three-minute video has a Fox News segment outlining the financial advantages of legalizing marijuana for medical purposes. |
| 1:52.0 | It says that this would amount to cost savings of $64 billion a year if cannabis is fully integrated into the health care system. |
| 2:01.9 | YouTube has agreed to pay $24.5 million to settle a 2021 lawsuit filed by President Trump |
| 2:09.3 | after his account was suspended following the Capitol riot on January 6th. |
| 2:14.7 | YouTube suspended Trump's channel after the riot, saying it had removed videos that |
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