Trump, cannabis stocks
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The target is more than double the current stock price as ABTC is currently trading at $1.67, down 6% in a day. The $4 price target represents more than double the stock’s current level, implying about 140% upside if the analyst’s thesis plays out.
Trump is reportedly considering easy some restrictions on cannabis, and investors are piling into the sector on Friday.
The move could doom bipartisan efforts to ban stock trading, as Republicans may not back a measure that extends to the executive branch.
Tilray’s jump in a broad cannabis rally shows how shifting U.S. policy signals are jolting traders, today, Dec. 16, 2025.
Tilray's premarket rocket — up nearly 30% — wasn't just policy spillover. The company's Amped Live Resin Diamond Sauce vape has quietly become the first major cannabis SKU to generate more incremental revenue than Tilray made selling flower across an entire Canadian province.
Shares of Eric Trump’s American Bitcoin Corp. plunged over 50% in minutes as Bitcoin’s month-long selloff deepened.
Likewise, World Liberty Financial, a firm Trump and Steve Witkoff co-founded last year along with their sons, started trading a new token in September. It rose to 25 cents in late September but has yet to take off and on Friday fell to 14 cents.
Investor's Business Daily on MSN
Stock market today: Dow dips as Trump edges closer to this Fed pick; Tesla jumps (live coverage)
The Dow Jones index rose Monday. Tesla neared a buy point while President Trump edged closer to a Fed chair pick.