Cannabis stocks and ETFs surged on Monday. Tilray up 40%; Aurora Cannabis up 28%; VFF up 24%; MJ, MSOS up nearly 22%; SNDL, Canopy Growth up around 19%; Cronos Group up 16%.

The catalyst for this sector-wide movement appears to be a video posted by Trump discussing the potential health benefits of cannabidiol (CBD). This unexpected endorsement from a high-profile political figure has seemingly reignited investor interest in cannabis stocks. The video's content, focusing on CBD's possible medicinal properties, may be viewed as a positive signal for the industry's future prospects and regulatory environment.