what is the best cannabis stock to buy right now

Best Value Marijuana Stocks

	Price ($)	Market Cap ($B)	12-Month Trailing P/S Ratio
Hydrofarm Holdings Group Inc. ( HYFM)	6.73	0.3	0.6
GrowGeneration Corp. ( GRWG)	5.06	0.3	0.7
Ayr Wellness Inc. ( AYR.A.CX)	CA$8.21	CA$0.5	1.1
Cresco Labs Inc. ( CL.CX)	CA$4.87	CA$1.4	1.3

Jun 3 2022

Full Answer

What are the top 10 cannabis stocks?

With such an incredible performance of late and the recent acquisition of Harvest Health, Trulieve is poised to become the biggest cannabis operator in terms of revenue. Curaleaf is a top growth stock in the cannabis world, generating nearly $890 million in the last nine months and operating in 23 states across the U.S.

What is the best cannabis stock to invest in?

• Curaleaf (OTCMKTS: CURLF)
• Green Thumb Industries (OTCMKTS: GTBIF)
• Trulieve Cannabis (OTCMKTS: TCNNF)
• Ayr Wellness (OTCMKTS: AYRWF)
• Cresco Labs (OTCMKTS: CRLBF)
• Innovative Industrial Properties (NYSE: IIPR)
• Scotts Miracle-Gro (NYSE: SMG)

What is the cheapest Marijuana stock?

Trulieve Cannabis is another one of the cannabis stocks that will have you wishing you could go back in time. Back during the company’s March lows, TCNNF stock was trading hands around the $6 mark. Looking at the price now, you can clearly see the incredible profitability speculators have enjoyed here.

What is the Best Marijuana stock?

Top Marijuana Stocks for June 2021 HITI.V, JUSH.CN, and GRWG are top for value, growth, and ...

How much is legal marijuana in 2020?

What is Amyris' market cap?

About this website

Is Curaleaf a good stock to buy?

Despite having a remarkable growth in revenue, Curaleaf is not profitable yet. The company saw a 48% year-over-year growth in Q4 adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) to $80 million. For the full year, adjusted EBITDA jumped 107% to $298 million.

Will Aurora stock go up?

Aurora Cannabis Inc (NASDAQ:ACB) The 10 analysts offering 12-month price forecasts for Aurora Cannabis Inc have a median target of 2.68, with a high estimate of 4.00 and a low estimate of 1.59. The median estimate represents a +100.01% increase from the last price of 1.34.

Is canopy growth a buy?

Bottom line: Canopy Growth stock is not in a buy zone, so it isn't a buy right now. IBD's research shows investors would be better off looking for stocks with stronger fundamentals and that are closer to their highs.

Is Cronos a good buy?

Is now a good time to buy Cronos (CRO)? According to CoinMarketCap at time of writing, CRO was down more than 13%, trading at $0.2907 per coin. The coin has been down 40% over the past 30 days and is priced at a 70% discount from its all-time high of $0.9698 back on Nov. 24, 2021.

Is Aurora a good long term investment?

Aurora Cannabis is a loss-making company struggling with tepid revenue growth and shareholder dilution. It's a high-risk bet even after losing 90% in market value in the last three years. There are far better growth stocks that you can buy right now.

Is Aurora a good buy?

Aurora Cannabis remains a high-risk bet for investors, despite losing 97% in market value due to its weak financials and a competitive market.

Will Canopy Growth ever be profitable?

Canopy Growth Corp. says it no longer expects to be profitable this year, citing supply and market share challenges in its home country of Canada.

Is Canopy Growth stock a buy sell or hold?

Canopy Growth has received a consensus rating of Hold. The company's average rating score is 1.85, and is based on 3 buy ratings, 5 hold ratings, and 5 sell ratings.

What is the target price for Canopy Growth?

Stock Price Target CGCHigh$7.05Median$3.92Low$1.99Average$4.20Current Price$3.33

Will CRON stock go up?

The 11 analysts offering 12-month price forecasts for Cronos Group Inc have a median target of 3.50, with a high estimate of 8.45 and a low estimate of 2.96. The median estimate represents a +33.59% increase from the last price of 2.62.

Is Cronos a good buy 2022?

Cronos (CRO) Price Prediction 2022 CRO prediction is set to show a bullish trend in further stabilizing its strong position through its emphasis on improved payment, financial service solutions, and trading utility to Crypto.com. The average price performing at a good return level might be $0.9.

Should I hold Cronos stock?

The consensus among Wall Street equities research analysts is that investors should "hold" Cronos Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CRON, but not buy additional shares or sell existing shares.

Should I buy cannabis stock?

Since the cannabis industry is still in its infancy, investing in marijuana stocks carries a high level of risk. Therefore, you should proceed with...

What are the best marijuana stocks to invest in?

Some of the best marijuana stocks to invest in include Innovative Industrials, Jazz Pharmaceuticals, Tilray, and GrowGeneration.

Where can I buy cannabis stocks?

The easiest and most cost-effective way to buy cannabis stocks is via eToro . This platform lets you buy cannabis stocks based in the US and int...

How do I buy cannabis stocks?

You can buy marijuana stocks by creating an account with the online broker eToro . Once you have funded your account, you can invest in cannabis s...

Why are cannabis stocks going up?

Analysts expect cannabis stocks to bounce back in the coming years due to the growing acceptance of marijuana among policymakers. Moreover, an incr...

What cannabis stocks are hot?

Top marijauna stocks to buy right now include Aurora Cannabis, Tilray, Jazz Pharmaceuticals, and Innovative Industries.

What’s the best CBD stock?

The best CBD stocks you can consider now are Tilray and Cronos Group. If you want to reduce the risk, you can consider investing in pick-and-shovel...

Is Tilray a good buy now?

Tilray is a popular cannabis stock based in Canada. The company caters to over 20 countries and is well-positioned to benefit from the growth of th...

12 Marijuana Stocks to Buy Now in 2022 | MarketBeat

There are now more than 50 publicly-traded companies operating in the cannabis industry. Most of these companies aren't directly growing and selling marijuana themselves, but they do stand to benefit greatly as more states legalize the sale and possession of marijuana.

The 5 Best Marijuana Stocks to Buy in 2022 | The Motley Fool

Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium ...

18 Top Marijuana Companies to Invest In (2022 Update)

Given that the cannabis market is taking off fast, it’s hard to decide w hich marijuana companies to invest in, especially in these turbulent times.. Whether you believe in the healing powers of cannabis or you think it is just a passing trend, there is no denying that the marijuana market is very real and growing at a fast rate.

Cannabis Investment: 7 Best Marijuana Stocks to Buy for 2022

Trulieve Cannabis Corp. (TCNNF) Not everyone thinks investing in the cannabis industry has to be predicated on federal legalization. "The key to investing in cannabis for 2022 is to stop waiting for the federal government to do anything and pick companies that can attract capital because they have proven solid management and created a dominant position to operate successfully in a state-by ...

Why is it important to invest in commodities?

Investing in commodities can provide important diversification for your portfolio.

What is GTBIF in cannabis?

Green Thumb Industries (GTBIF) Green Thumb, a Vancouver and Chicago-based national cannabis consumer packaged goods company and retailer, reported revenue of $194.4 million in the first quarter, an increase of 90% year over year and its fifth consecutive quarter of positive cash flow from operations of $39.7 million.

Where is Curaleaf cannabis located?

Curaleaf, a Wakefield, Massachusetts-based cannabis company, operates in 23 states with 106 dispensaries, 23 cultivation sites and 30 processing sites. The company reported a first-quarter revenue increase of 170% from last year and adjusted earnings before interest, taxes, depreciation and amortization that was up 213% from last year. The company is "now cementing its leading status in terms of top-line growth," says Seymour, adding that 2022 should be "impressive since there is no question the 23-state footprint is starting to deliver on operational leverage." Curaleaf is adding cultivation in Colorado and planning to double its footprint by 2022, but keeping an eye on being fiscally prudent. "A lot of cannabis stocks held their 200-day moving average in the downdraft of March and April and are now challenging the 50-day moving average," Seymour says. "The charts and sector look like they are ready to run. The volume has been very light in the industry and may be about to change."

How many dispensaries does Curaleaf have?

In the United States, the company operates 108 dispensaries in 23 states, 22 cultivation sites and more than 30 processing sites. Curaleaf's second-quarter revenue marked growth of 166% year on year. But the company ended up reporting a loss because of higher stock-based compensation and one-time charges related to the acquisition of Europe's largest vertically integrated cannabis company, as well as earnings dilution from the consolidation of that acquisition. Despite the company's strong position in the legal marijuana market, its shares were down 15% this year as of Monday's close.

What are the biggest companies in the marijuana industry?

Some of the biggest companies in the marijuana industry include Canopy Growth Corp. ( CGC ), Cronos Group Inc. ( CRON ), and Tilray Inc. ( TLRY ). Many big marijuana companies have continued to post sizable net losses as they focus on investing in equipment to speed up revenue growth.

What is high tide cannabis?

High Tide Inc.: High Tide is a Canada-based company engaged in the manufacture and retail of cannabis accessories. 2 The company operates a cannabis retail chain in Canada, three accessories e-commerce platforms, and also is a global manufacturer and distributor of consumption accessories. 3 Its brands include Canna Cabana, Meta Cannabis, NewLeaf Cannabis, Grasscity, Smoke Cartel, Daily High Club, DankStop, CBDcity, FAB CBD, Valiant Distribution, and Famous Brandz. High Tide's online platforms had nearly 100 million site visits in 2020. 4 The company's stock also trades in the U.S. on the Nasdaq under the ticker HITI. The company recently announced that it completed its acquisition of an 80% interest in Enigmaa Ltd., a U.K.-based cannabis company operating as Blessed CBD, for approximately 9.1 million pounds ($12.6 million). 5 High Tide has a three-year option to acquire the remaining 20% of Blessed CBD at any time. The transaction marked High Tide's fifth acquisition within the global e-commerce industry in 2021. 6

What is hexo cannabis?

HEXO Corp.: HEXO is a Canada-based consumer-packaged goods cannabis company offering recreational and medical products to serve the global cannabis market. The company's recreational brands for the Canadian adult-use market include HEXO, HEXO Plus, Up, Original Stash, and Bake Sale. It serves the medical market under its HEXO medical cannabis brand. 7 HEXO's stock also trades in the U.S. on the Nasdaq under the ticker HEXO. On Oct. 18, the company announced the departure of co-founder and Chief Executive Officer ( CEO) Sebastien St-Louis in a major shakeup of the executive ranks. The company said that a special HEXO board committee was negotiating with a preferred CEO candidate and planned to make an announcement soon. The company also announced the resignation of Chief Operating Officer ( COO ), Donald Courtney, who will remain as COO until a replacement is found. 8

What is Hydrofarm Holdings?

Hydrofarm Holdings Group Inc.: Hydrofarm Holdings Group is a holding company that, through its subsidiaries, makes and distributes hydroponic products to customers throughout the U.S. and Canada. The company offers hundreds of brands. 9 It has a total of eight distribution centers, offering a product line of more than 5,000 items. 10 Hydrofarm announced in early August that it acquired Greenstar Plant Products Inc., a Canada-based nutrient company, for approximately $83 million. Greenstar manufactures the Grotek and Gaia Green brands, and is Hydrofarm's latest acquisition of a plant nutrient manufacturer. In July, the company acquired Aurora Innovations Inc., Aurora International Inc., and Gotham Properties LLC, which are collectively called Aurora. 11

What is marijuana industry?

The marijuana industry is made up of companies that either support or are engaged in the research, development, distribution, and sale of medical and recreational marijuana. Cannabis has begun to gain wider acceptance and has been legalized in a growing number of nations, states, and other jurisdictions for recreational, medicinal, and other uses.

Who owns 100% of Balanced Health Botanicals?

Village Farms International Inc. " Village Farms International Acquires 100% of Balanced Health Botanicals, a Profitable Leader in the US CBD Category, Providing an Additional Pathway to High-THC Cannabis Market in the US ." Accessed Oct. 19, 2021.

Who bought Sierra Well?

Verano Holdings Corp. " VERANO TO ACQUIRE SIERRA WELL, EXPANDING NEVADA DISTRIBUTION WITH TWO TOP-PERFORMING DISPENSARIES IN RENO, CARSON CITY AND ADDITIONAL ACTIVE CULTIVATION CAPACITY ." Accessed Oct. 19, 2021.

Who owns cannabis stores?

1. Green Thumb Industries. Green Thumb Industries ( OTC:GTBIF) owns retail cannabis stores in 12 states across the U.S. and operates 13 manufacturing facilities. Green Thumb holds licenses for 96 retail cannabis locations but has opened only a little over half that many stores.

How old do you have to be to buy marijuana?

Recreational cannabis users purchase marijuana or cannabis extracts purely for enjoyment and must be age 18 and older and living in a jurisdiction where recreational use of the plant is legal. Geography matters: Medical cannabis is legal in many more countries than recreational cannabis.

What is an ancillary marijuana business?

Ancillary marijuana businesses provide products and services to cannabis companies without touching the plant. Cannabis can be medical or recreational: Medical cannabis patients use cannabis or cannabis extracts to treat health conditions and have recommendations or cannabis prescriptions from physicians.

What are the different types of marijuana?

The marijuana industry is divided into three broad categories: Marijuana growers and retailers cultivate and package cannabis products and sell them to consumers. Biotechnology companies develop and market cannabis-based pharmaceutical drugs.

What is hydroponics used for?

cannabis industry has created fast-growing demand for hydroponics supplies, which are used to grow plants in liquid nutrient solutions without soil and for organic gardening. While much of GrowGeneration’s business caters to cannabis growers, the company also sells to other types of gardeners.

Is IIP a REIT?

Because the company is organized as a real estate investment trust (REIT), IIP returns at least 90% of its taxable income to shareholders.

When will Illinois legalize marijuana?

With the legal recreational marijuana market in Illinois opening for business at the beginning of 2020, this company is benefiting from tremendous growth in its home state. Along with the opportunity to expand into additional states such as New York and New Jersey, the company has significant growth potential.

How much will the marijuana market grow in the next 10 years?

35% per year is an incredible projection, but this doesn’t come close to some other market analysts who are projecting that the market could climb higher than $50 billion in the next 10 years provided that marijuana is legalized on a federal level.

How much is the marijuana market worth in 2020?

This new medical marijuana market could be worth upwards of $21 billion by 2020 according to some estimates. Do you have your favorite marijuana penny stocks picked out yet?

What is Auxly cannabis?

CBWTF Stock – Auxly Cannabis Group, was a cannabis royalty company provides growers with up-front capital to expand their capacity in exchange for a percentage of their yield at a well-below-market rate. However, with the declining price of marijuana due to the legalization of recreational weed, Auxly had to evolve to stay alive in the industry. Therefore, on top of the royalty streams established, they have expanded into wholly-owned grow farms (which is expected to produce 170,000 kilograms of cannabis in 2019 and 2020), value-added services and products, and downstream retail-focused operations.

How many Cannex dispensaries are there?

which operates in 4 states on the Eastern side of the United States. 4Front currently has 5 dispensaries and plans to open 5 more in the first half of 2019.

What is AMMJ stock?

AMMJ Stock – American Cannabis Company Inc. is a consulting firm that provides an all-in-one shop for the budding entrepreneur. They have multiple years experience in helping marijuana companies grow from the ground up. On top of the setup phase marijuana companies go through, American Cannabis also provides marketing, branding, and staffing solutions for their customers.

How many states have legalized medical marijuana?

8 states have legalized the use of recreational medical marijuana while 28 states have legalized the use of medical marijuana. The change of opinion by the general public regarding marijuana and the level of social acceptability has also created a profit opportunity. It is difficult to argue with the growth rate of MJ stocks over the last few years.

Is Aleafia Health a stock?

They have applied to be listed on the NASDAQ, but due to its size and ongoing acquisition, it is unclear if they will be let into the major stock exchange. One thing that makes Aleafia Health attractive is they are in the midst of acquiring Emblem (NASDAQOTH:EMMBF), which is a marijuana company that focuses on clinics and grow facilities. If the acquisition gets approved, the combo would have 60,000 patients spread across 40 medical clinics and would be capable of producing 138,000 kilograms annually.

How much THC is in Ogre?

Ogre leaves its consumer in a state of sedated bliss and stems from Bubba Kush and Master Kush. Though it has THC of up to 23%, it isn’t as hard-hitting as Northern Lights and many other sleep-inducing indicas. For this reason, it is an ideal one to smoke an hour or two before your intended bedtime.

What is the THC level of Cannatonic?

Lovers of Cannatonic say it is a strain that fits these criteria. It is a cross of MK Ultra and G13 Haze. Its THC ranges from 7% to 15%, while it can have a CBD level of 15%. You may find that it helps fight against mood disorders and numerous other symptoms.

What is the THC content of jillybean?

Jillybean is a cross of Space Queen and Orange Velvet, with a THC content of up to 18%. Users claim they benefit from euphoric productivity that makes it a joy to go through their day. It is an energizing strain, yet does not produce the jitters as some sativas can. 5. The Best Marijuana Strain to Improve Your Mood.

What is the THC level of Blue Dream?

Try Blue Dream (Hybrid). This famous strain is a cross of Super Silver Haze and Blueberry indica, with a THC level of up to 24%. Irrespective of what the name might imply, Blue Dream does not place you into a sleepy state. Instead, it impacts the consumer with a jolt of energy and focus.

Does cannabis make you feel relaxed?

However, certain cannabis strains could help you feel calmer and more relaxed. Best of all, you can achieve this feeling while remaining productive and functional.

Does cannabis help you fall asleep?

For this reason, cannabis could have the potential to help you fall asleep rapidly and stay asleep for the duration of the night. A study by Schierenbeck, published in Sleep Medicine Reviews in 2008, looked at the effect of illicit drugs on sleep.

Does marijuana give you energy?

The Best Marijuana Strain for an Energy Boost. Fatigue, at both a chronic and moderate level, is often tied to several sources. It can make daily functioning quite challenging. Just like with insomnia, feeling exhausted could lead to many health issues, which can become severe and generate problems.

How much is legal marijuana in 2020?

According to data from Leafly, an online marijuana marketplace, legal U.S. cannabis sales—medicinal and recreational—increased 71% in 2020, to a total of $18.3 billion. To help you choose the best cannabis investments, we take a closer look at 14 stocks and funds, as well as a few less dank offerings it’s perhaps better to avoid.

What is Amyris' market cap?

With a $3.5 billion market cap, Amyris most recent quarterly results posted quarter-over-quarter sales figures up 96%.