Trump's Marijuana Order Is Stuck at the DEA. Here's What That Means for Canopy Growth.

President Trump's Executive Order to reschedule marijuana to Schedule III has stalled at the DEA due to bureaucratic delays and a temporary stay issued in September. While Canopy Growth shares initially surged on the news, they have since declined significantly. However, the article argues that U.S. rescheduling is a secondary concern for the Canada-based company, which faces more pressing operational challenges including persistent losses and dilutive equity financing.