Fastest-Growing Marijuana Stocks
| Price ($) | Market Cap ($B) | Revenue Growth (%) | |
| Jushi Holdings Inc. ( JUSH.CX) | CA$6.06 | CA$1.0 | 219.7 |
| GrowGeneration Corp. ( GRWG) | 31.07 | 1.9 | 189.7 |
| Ayr Wellness Inc. ( AYR-A.CX) | CA$32.58 | CA$1.9 | 185.6 |
| Verano Holdings Corp. ( VRNO.CX) | CA$14.74 | CA$1.8 | 164.3 |
Full Answer
What are the top 5 marijuana stocks?
Leading the cannabis consumer packaged segment in the US is Green Thumb Industries Inc. As it stands this MSO is known as one of the top-performing US cannabis companies and continues to expand its footprint in key markets across the nation. Currently, GTI has 56 retail locations across 11 states and has recently opened new stores in prime markets.
What is the Best Marijuana stock?
Top Marijuana Stocks for June 2021 HITI.V, JUSH.CN, and GRWG are top for value, growth, and ...
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. ...
What is the largest marijuana stock?
Valuations will remain depressed Cannabis stocks are cheap on 2021 and 2022 projected results ... Here are Viridian's other predictions for 2022: 1. The largest multi-state operators (MSOs) will lose share to smaller operators. 2. Industry consolidation ...
How do I Invest in Marijuana Stocks?
The top marijuana stocks have wide-moat businesses that allow high margins. Companies like Cronos (NASDAQ:CRON) and Canopy Growth (NASDAQ:CGC) are...
How do I Buy Marijuana Penny Stocks?
Some of the highest-potential marijuana stocks are those with tiny market capitalizations like Green Organic Dutchman (OTCMKTS:TGODF) and Medmen (O...
What Buy Marijuana Stocks do I Buy?
Investors should know their risk tolerance before buying marijuana stocks. Low-margin pot producers like Tilray (NASDAQ:TLRY), Aurora Cannabis (NYS...
Where Can I Buy Marijuana Stocks?
Because cannabis is still a Schedule 1 substance, the Nasdaq and NYSE exchanges ban listed pot companies from business in the United States. That m...
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%.
How much return does SMG give?
With the earnings looking brighter, at a rate of more than 10%, SMG stands a very good chance to give you a 15-20% return within a year.
Is canopy growth a CBD?
With the strong numbers and the robust product line, canopy growth has proven its mettle in the CBD market. Canopy Growth boasts of the immens e market valuation. Followed by the strong industrial backing from alcohol giant, Constellation Brands, it is poised to be the giant in the CBD market.
Is IIPR a REIT?
At a time when the Cannabis industry was just too young, compared to its peers like alcohol or tobacco, IIPR emerged as a REIT. With the strong growth over the last couple of years, gaining more than 150%, this stock is one of the strongest picks.
Is Altria a marijuana company?
With Altria looking forward to taking major control over Cronos by holding more than 50% of the seats on the board, Altria is repositioning itself into a marijuana firm.
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 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 Trulieve Cannabis?
2. Trulieve Cannabis. Trulieve Cannabis ( OTC:TCNNF) is a cannabis grower and retailer that focuses primarily on the Florida medical marijuana market.
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.
How do I Invest in Marijuana Stocks?
The top marijuana stocks have wide-moat businesses that allow high margins. Companies like Cronos (NASDAQ: CRON) and Canopy Growth (NASDAQ: CGC) are both owned by marketing-focused parent companies and sell higher-end products to match.
How do I Buy Marijuana Penny Stocks?
Some of the highest-potential marijuana stocks are those with tiny market capitalizations like Green Organic Dutchman (OTCMKTS: TGODF) and Medmen (OTCMKTS: MMNFF ). Though these smaller companies will struggle to gain economies of scale, they can build strong brands and supply chains that larger companies might buy one day.
What Buy Marijuana Stocks do I Buy?
Investors should know their risk tolerance before buying marijuana stocks. Low-margin pot producers like Tilray (NASDAQ: TLRY ), Aurora Cannabis (NYSE: ACB) and Sundial Growers (NASDAQ: SNDL) have gross margins that are either negative or hover in the single digits. These companies stand to gain the most on U.S.
Where Can I Buy Marijuana Stocks?
Because cannabis is still a Schedule 1 substance, the Nasdaq and NYSE exchanges ban listed pot companies from business in the United States. That means investors with regular trading accounts only have access to marijuana stocks that operate outside of the country. On the other hand, U.S.
1. Cronos Group
10-bagger or even 20-bagger doesn't begin to describe Cronos Group ( NASDAQ:CRON). Shares of the Canadian cannabis producer have skyrocketed a whopping 6,350% since 2016. And that gain reflects a steep decline that started in early 2019. At its peak, Cronos stock was up close to 14,000%.
2. Jushi Holdings
Huge gains aren't limited to Canadian marijuana stocks. Shares of Florida-based Jushi Holdings ( OTC:JUSHF) have soared nearly 4,300% since the company went public in 2019. Unlike Cronos, Jushi hasn't seen its momentum fizzle. An initial investment of $10,000 in Jushi would now stand at close to $440,000.
3. GrowGeneration
Back in the gold rush days, the conventional wisdom was that the biggest winners often were those selling picks and shovels to gold miners rather than the miners themselves. That's true today in some respects in the cannabis industry.
Can they do it again?
It's hard to imagine Cronos delivering the kind of growth in the future that it's achieved in the past. The cannabis producer's market cap would have to top $250 billion to make that happen. That's theoretically possible but unlikely.
How many states have medical marijuana in 2021?
In 2021 the cannabis industry has seen significant changes and advances this year. Currently in the US 38 states and Washington DC currently have medical cannabis programs established. On the state level, the cannabis industry is expanding across the US rapidly giving marijuana companies a chance to grow with the market.
How much revenue will Planet 13 have in 2021?
Additionally, Planet 13 produced a 2020 total revenue of $70.5 million. Although the company produced revenue gains it is reporting a net loss of $7.9 million which increased from the $6.7 million the year prior.
How much is the cannabis industry worth in 2019?
And that impact is expected only to grow. According to the Marijuana Business Factbook, in 2019, cannabis had an estimated $40 billion impact in the U.S.
What is the drug Marinol?
AbbVie’s drug Marinol – which is a synthetic version of THC – was the first FDA-approved cannabis drug. It’s used as an appetite stimulant for those suffering from cancer, HIV and anorexia, among others.
Will marijuana change hands?
It’s safe to say that a lot of money is going to change hands in the name of marijuana. It’s going to make some people very rich. And meanwhile, a lot of fledgling marijuana companies will fail. According to the Small Business Association, 30% of new businesses fail during the first two years of opening.
Do marijuana stocks pay dividends?
There aren’t many marijuana stocks that pay dividends. The industry is simply too young. On top of that, many companies in the marijuana business aren’t turning a profit yet. And since dividends typically represent a distribution of corporate profits to shareholders, dividend payers are few and far between. But that’s not to say they aren’t out ...