what marijuana companies are on the stock market

5 Best Medical Marijuana Stocks on the Market Today

1. Canopy Growth Corporation.
2. Aurora Cannabis.
3. MedReleaf.
4. Aphria.
5. Cronos Group.

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What are the best marijuana stocks to invest in?

• High Tide Inc.: High Tide is a Canada-based cannabis retailer. ...
• Village Farms International Inc.: Village Farms International is a Canada-based agricultural producer. ...
• Acreage Holdings Inc.: Acreage Holdings owns a portfolio of cannabis brands. ...

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What is the best cannabis stock to buy?

• Amyris Inc. ( AMRS ). ...
• Cara Therapeutics ( CARA ). ...
• Cronos Group ( CRON ). ...
• GrowGeneration Corp ( GRWG ). ...
• AdvisorShares Pure US Cannabis ETF (MSOS). ...
• Amplify Seymour Cannabis ETF (CNBS). ...
• ETFMG Alternative Harvest ETF (MJ). ...
• Global X Cannabis ETF (POTX). ...
• Altria Group Inc. ...
• Constellation Brands, Inc. ...

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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 are the best marijuana industry stocks?

Top Marijuana Stocks That Pay Dividends

• Altria Group (NYSE: MO)
• AbbVie Inc. (NYSE: ABBV)
• The Scotts Miracle-Gro Company (NYSE: SMG)

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What are the marijuana stocks on the Nasdaq?

( OGI ). 1 2 Many of these companies have managed to maintain revenue growth in spite of the COVID-19 pandemic. Marijuana stocks, as represented by the ETFMG Alternative Harvest ETF ( MJ ), have outperformed the broader market.

What is the P/S ratio for marijuana?

A business with higher sales could eventually produce more profit when it achieves, or returns to, profitability. The P/S ratio shows how much you're paying for the stock for each dollar of sales generated.

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.

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 is Trulieve Cannabis?

2. Trulieve Cannabis. Trulieve Cannabis ( OTC:TCNNF) is a cannabis grower and retailer that focuses primarily on the Florida medical marijuana market.

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.

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 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 Hawthorne a hydroponics company?

The company’s Hawthorne Gardening subsidiary ranks as a leading supplier of hydroponic gardening products to the cannabis industry. Although Hawthorne is the primary growth driver for Scotts, the company still makes well over half of its total revenue from sales of its consumer lawn and garden products.

What is a marijuana retailer?

Marijuana retailers, or companies that put cannabis products in the hands of end-consumers. Cannabis royalty streaming. Operating in a niche market, these companies do not grow or produce weed. They actually finance marijuana growers in exchange for a royalty percentage of the company.

How much will the cannabis market be in 2025?

Last year alone the global cannabis market reached $13.8 billion and expectations are that it might go as high as $66.3 billion by the end of 2025. If these numbers don’t impress you, take a look at some of the facts and figures on the top marijuana enterprises and judge for yourself.

What is a biotech company?

Biotech companies. This category covers cannabis companies using cannabinoids, the chemical components found in marijuana, to develop prescription drugs. Marijuana distributors that connect the product to dispensaries. Marijuana retailers, or companies that put cannabis products in the hands of end-consumers. Cannabis royalty streaming.

What is a grower in cannabis?

Growers, i.e. companies that grow marijuana, and produce cannabis products. Supply providers, which provide products and services required for the cultivation of marijuana such as fertilizers, lighting systems, packaging, and management solutions. Biotech companies.

How many employees does GW Pharmaceuticals have?

Number of employees: 791. One of the biggest marijuana companies in the world, GW Pharmaceuticals is mostly known for being the developer of the first FDA-approved, cannabis-based drug Epidiolex for the treatment of rare epilepsy conditions.

Where is Aurora Cannabis located?

Based in Canada, Aurora Cannabis is one of the biggest public marijuana companies in the world. Little wonder, as Canada is one of the largest marijuana producers. Like other players on the market, this company had a tough break last year. In just three months, Aurora Cannabis stock plummeted by over 40%.

Is marijuana a commodity?

Due to the increased interest in cannabis, some companies have seen a growth in weed stocks just by announcing a cannabis venture, which creates an unrealistic view of just how profitable pot stocks actually are. Marijuana is a commodity. Just like other agricultural products, marijuana growth is subject to weather conditions and other factors ...

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%.

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."

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.

How many publicly traded companies are there in the cannabis industry?

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.

Is marijuana a penny stock?

They know that some "marijuana stocks" are just empty shell companies that deserve to be penny stocks, but they also recognize there are some legitimate and growing companies that truly stand to benefit from the green rush. As a group, they have added 10 different cannabis stocks to their watchlists and are actively investing in them.

How much will cannabis stock cost in 2022?

Driven by the legalization of recreational and medical cannabis and the increasing demand for both, legal cannabis revenue in the U.S. is projected to hit $23.4 billion by 2022.

How much will the world spend on legal cannabis in 2022?

is projected to hit $23.4 billion by 2022.

Is Rinvoq a JAK inhibitor?

AbbVie (NYSE: ABBV) today announced the European Medicines Agency's (EMA) Committee for Medicinal Products for Human Use (CHMP) adopted a positive opinion recommending the approval of RINVOQ® (upadacitinib), an oral, selective and reversible JAK inhibi tor, for the expanded use in adults (15 mg or 30 mg, once daily) and adolescents 12 years and older (15 mg, once daily) with moderate to severe atopic dermatitis who are candidates for systemic therapy. RINVOQ is being studied in several immune-med

What is Cronos cannabis?

exchange. Based in Canada, Cronos is a vertically integrated cannabis company whose core business is medical marijuana, but it is also involved in the recreational space following the full legalization of weed in Canada earlier this month. Similar to its peers, Cronos has been ramping up its production capacity and expects to grow over 47,000 kilograms in early 2019. In addition, Cronos owns Peace Naturals and Original BC, which are licensed to grow and sell medical marijuana in Ontario and British Columbia, respectively.

What is the connection between CBG and cannabis?

Its connection to the cannabis industry is through the research and production of biosynthetic cannabinoids, including CBG. (*Note – the company has inked a deal with the biotech startup Lavvan to research and develop synthetic cannabinoids in 2019.

What is Corbus Pharmaceuticals?

Corbus Pharmaceuticals is a Phase 3 clinical-stage pharmaceutical company concentrated on the development of new drugs to help with inflammatory and fibrotic illnesses by targeting the endocannabinoid system. Its principal drug candidate is called Lenabasum, and it is an oral, cannabinoid receptor type 2 agonist formed to help with chronic inflammation and fibrotic processes. The drug is also being tested for its potential in treating cystic fibrosis, systemic lupus erythematosus, and some other illnesses. Furthermore, the company is working on creating a pipeline of drug candidates that address the endocannabinoid system.

Is Innovative Industrial Properties a publicly traded company?

Innovative Industrial Properties is the only publicly traded cannabis-focused Real Estate Investment Trust. The company manages a portfolio of real estate properties that it leases to medical cannabis companies in the U.S. Among its lessees are PharmaCann (New York and Massachusetts), The Pharm (Arizona), Holistic Industries (Maryland and Massachusetts), Green Peak (Michigan) and Vireo Health (Minnesota, New York, and Pennsylvania).

Is Village Farms a publicly traded company?

Village Farms International is a vertically integrated greenhouse grower and the only publicly traded greenhouse business in Canada. It manufactures and sells fresh produce from its large greenhouses located in Texas and British Columbia and its partner greenhouses in British Columbia, Mexico, and Ontario. The company is connected to the cannabis industry via its majority ownership position in Pure Sunfarms, a Canada-based cannabis growing operations. Furthermore, the company has plans to establish itself as a vertically integrated leader in the U.S hemp-derived CBD market, already having two joint ventures – Village Fields Hemp USA, LLC and Arkansas Valley Green and Gold Hemp LLC.

Is a company that produces and sells consumer lawn, garden and pest control products, but some websites consider it

This is a company that produces and sells consumer lawn, garden and pest control products, but some websites consider it a cannabis stock, only because its products can be used in the cannabis industry. In its 2019 Annual Report, the company also states under the ‘risks’ section that end user may buy their products to cultivate cannabis. “Our gardening products, including our hydroponic gardening products, are multi-purpose products designed and intended for growing a wide range of plants and are generally purchased from retailers by end-users who may grow any variety of plants, including cannabis.”