Will President Trump finally legalize marijuana? It sure looks like it.

Tilray Brands ( TLRY 60.87% ) stock, the Canadian cannabis company , soared 40% through 10:25 a.m. ET Monday morning -- and you can thank President Trump for that.

Over the weekend, the president posted a near-three-minute-long video on Truth Social, promising that CBD oil "can revolutionize senior healthcare" and lower annual medical costs in America by $64 billion. Investors are taking this as evidence that legislation could be in the works to legalize marijuana, and even be promoted as a favored medical treatment by doctors.

What the Trump marijuana video says, and who made it

President Trump himself doesn't appear in the video, which "reads" like a late night infomercial and was published by The Common

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