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Stock impact report

This Cannabis Stock Got Destroyed in 2025. Can Trump Make 2026 a Different Story? [Yahoo! Finance]

Incannex Healthcare Inc. (IXHL) 
Company Research Source: Yahoo! Finance
The list of cannabis companies shows extremely diverse year-to-date (YTD) returns, with roughly half the list currently trading down on the year and the other half seeing big gains. Super Micro Computer Stock Tumbles, But Investors are Piling into Its Call Options - Time to Buy SMCI? A $61 Billion Reason to Buy Amazon Stock for 2026 RKLB Stock Bullish Diagonal Trade Targets a Price of $85 by January 16th Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. However, among the most notable decliners on this list that's seen a big boost from President Trump's recently announced move to sign an executive order reclassifying marijuana as a less dangerous drug is Incannex Healthcare (IXHL). Let's dive into what's driving this move and why this particular cannabis stock is seeing so much recent upside (up 22% in the past month and 86% in the past six months). Incannex is a unique company in the cannabis Show less Read more
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