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GOP Lawmakers Move to Block Cannabis Rescheduling Despite Trump's Signals

Republican lawmakers advance spending bill to block marijuana rescheduling, challenging Trump's plans. Impact on cannabis industry and Tilray stock.

This news matters because it directly affects the future of cannabis legalization and the financial health of the industry. If the spending proposal succeeds, it could delay or derail the rescheduling of marijuana, keeping it as a Schedule I drug and limiting business growth, research, and banking access. For investors in companies like Tilray, this creates uncertainty and potential volatility. For patients and consumers, it may mean continued restrictions on access and higher costs. The outcome will shape the regulatory landscape for years to come.