Investors saw a surge in marijuana stocks when President Trump hinted at rescheduling the drug. Curaleaf Holdings’ stock rose by nearly 25%. Trump mentioned considering an executive order to direct the DEA to begin the process, which could greatly benefit the marijuana industry by removing financial hurdles.

While Trump didn’t confirm the EO, reports suggest he is leaning towards federal cannabis law reform. If the rescheduling happens, companies like Curaleaf could see a significant boost. Currently, these companies face challenges due to weed’s federal illegality. Rescheduling could open up a massive market for them.

Before investing in Curaleaf, note that it wasn’t among the 10 best stocks identified by Motley Fool Stock Advisor team. These stocks could potentially yield high returns. Past recommendations like Netflix and Nvidia have generated substantial profits for early investors.

Read more at Yahoo Finance: Why Curaleaf Holdings Stock Popped by Almost 25% on Tuesday