Marijuana stocks are surging while cannabis industry supporters remain optimistic but skeptical days after a surprise pledge from President Donald Trump that he will support state marijuana programs.
“Today, we can all rest a little easier if we’re in the industry,” said David Dinenberg, chief executive of KIND Financial, a Los Angeles maker software for cannabis businesses.
“Whether there will be real change, we still have to wait and see.”
Sen. Cory Gardner, a Republican from Colorado, on Friday announced Trump had committed to support legislation codifying state rights to legalize and regulate the cannabis industry. That position is in line with what Trump said on the campaign trail, but he’s been silent on the issue as president.
