Cannabis Stocks Profiles
Cannabis/marijuana stocks represent new investment opportunities as public companies provide products and services for medical and recreational use. Worldwide spending on legal cannabis reached $21.3 billion in 2020 and some analysts expect that that number could surpass $50 billion if nationwide legalization were to occur. Given this potential opportunity, investors are now speculating which marijuana-related stocks could become the dominant players in the future. Barchart’s cannabis stocks list is a great starting point that will allow you to find investment opportunities and compare stocks involved in the growing cannabis industry.
Tilray Brands Inc. is a cannabis-lifestyle and consumer packaged goods company. It operates principally in Canada, the United States, Europe, Australia and Latin America. Tilray Brands Inc., formerly known as Tilray Inc., is based in NEW YORK.
WM TECHNOLOGY is a technology and software infrastructure provider to the cannabis industry. WM TECHNOLOGY, formerly known as Silver Spike Acquisition Corp., is based in IRVINE, Calif.
Aurora Cannabis Inc is a Canada-based company engaged in the production and distribution of medical cannabis. The Company is vertically integrated and horizontally diversified across every key segment of the value chain, from facility engineering and design to cannabis breeding and genetics research, cannabis and hemp production, derivatives, home cultivation, wholesale and retail distribution. The Company's purpose-built facilities, which integrate technologies across all processes, are defined by automation and customization. The Company has a funded capacity of more than 500,000 kilograms per year, as well as sales and operations in 24 countries across 5 continents.
GrowGeneration Corp. owns and operates specialty retail hydroponic and organic gardening stores. The company carries and sells product which includes organic nutrients and soils, advanced lighting technology and state of the art hydroponic equipment to be used indoors and outdoors by commercial and home growers. It operates primarily in Colorado, California, Las Vegas, Rhode Island and Washington. GrowGeneration Corp. is headquartered in Pueblo, Colorado.
Corbus Pharmaceuticals Holdings, Inc. is a Phase 3 clinical-stage pharmaceutical company focused on the development and commercialization of novel therapeutics to treat rare, chronic, and serious inflammatory and fibrotic diseases. The Company's lead product candidate, lenabasum, is a novel, synthetic oral endocannabinoid-mimetic drug designed to resolve chronic inflammation and fibrotic processes. Lenabasum is currently being evaluated in systemic sclerosis, cystic fibrosis, dermatomyositis, and systemic lupus erythematosus.
Greenlane Holdings Inc. is a distributor of premium vaporization products and consumption accessories primarily in the United States and Canada. Its customers include smoke shops and regional retail chain stores as well as licensed cannabis cultivators, processors and dispensaries. The company owns and operates direct-to-consumer e-commerce websites in the vaporization products and consumption accessories industry, VaporNation.com and VapeWorld.com. Greenlane Holdings Inc. is based in Boca Raton, United States.
Clever Leaves International Inc. is a multi-national cannabis company. It operates principally in the United States, Canada, Colombia, Germany and Portugal. Clever Leaves International Inc., formerly known as Schultze Special Purpose Acquisition Corp., is based in RYE BROOK, N.Y.
Cronos Group, Inc. engages in the investment in firms which are licensed to produce and sell medical marijuana. Its portfolio includes In The Zone, Peace Naturals, Whistler Medical Marijuana Co., ABcann, Hydropothecary, Vert Medical and Evergreen Medicinal Supply. Cronos Group Inc., formerly known as PharmaCan Capital Corp., is headquartered in Toronto, Canada.
Cannabix Technologies Inc. is a technology company. It engages in developing tools for law enforcement and the workplace to detect THC in breath. Cannabix Technologies Inc. is based in Burnaby, Canada.
The ETFMG Alternative Harvest ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Prime Alternative Harvest Index.* *Effective December 26th, 2017, the Fund's name (previously the Tierra XP Latin America Real Estate ETF, ticker symbol: LARE) has changed to the ETFMG Alternative Harvest ETF. The Fund's underlying index has been changed to the Prime Alternative Harvest Index.
The Global X Cannabis ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cannabis Index.
Sundial Growers Inc. operates as a pharmaceutical company. It produces and grows cannabis strains. Sundial Growers Inc. is based in Calgary, Canada.
The Cannabis ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Innovation Labs Cannabis Index.
Canopy Growth Corporation is a cannabis company. It offers dry cannabis and oil products primarily under the Tweed brand. Canopy Growth Corporation is headquartered in Smiths Falls, Canada.
Organigram Holdings Inc. is a licensed producer of cannabis and cannabis-derived products primarily in Canada, through a wholly owned subsidiary. Organigram Holdings Inc. is based in Moncton, Canada.
Leafly Holdings Inc. provides online cannabis discovery marketplace and resource for cannabis consumers. Leafly Holdings Inc., formerly known as Merida Merger Corp. I, is based in SEATTLE.
Jazz Pharmaceuticals is a specialty biopharmaceutical company with a focus in the areas of neuroscience & oncology. It derives the majority of its revenues from its sleep disorder drugs' Xywav & Xyrem. Both drugs are approved for treating cataplexy & excessive daytime sleepiness in narcolepsy patients. Other drugs in the company's neuroscience portfolio include' Sunosi, Epidiolex & Sativex. Epidiolex is approved for treating seizures associated with two rare & severe forms of epilepsy' Lennox-Gastaut syndrome & Dravet syndrome. Sativex is approved in the U.K. & Canada as a treatment for symptom improvement in adult patients with moderate-to-severe spasticity due to multiple sclerosis. Jazz's oncology portfolio includes two drugs' Defitelio for the treatment hepatic veno-occlusive disease with renal or pulmonary dysfunction following hematopoietic stem cell transplantation & Vyxeos for the treatment of adults with two types of acute myeloid leukemia. It received approval for two new drugs' Zepzelca & Rylaze'.
The Amplify Seymour Cannabis ETF seeks to provide investors capital appreciation.
Altria has a leading portfolio of tobacco products for U.S. tobacco consumers age 21 . Altria's wholly owned subsidiaries include leading manufacturers of both combustible and smoke-free products. In combustibles, Altria owns Philip Morris USA Inc. (PM USA), the most profitable U.S. cigarette manufacturer, and John Middleton Co. (Middleton), a leading U.S. cigar manufacturer. Altria's smoke-free portfolio includes ownership of U.S. Smokeless Tobacco Company LLC (USSTC), the leading global moist smokeless tobacco (MST) manufacturer, and Helix Innovations LLC (Helix), a rapidly growing manufacturer of oral nicotine pouches. Altria also owns equity investments in Anheuser-Busch InBev SA/NV (ABI), the world's largest brewer, and Cronos Group Inc. (Cronos), a leading Canadian cannabinoid company.
Green Thumb Industries Inc. is a cannabis consumer packaged goods company and owner of RYTHM, Dogwalkers and branded cannabis products. Green Thumb Industries Inc. is based in CHICAGO.
CV Sciences Inc. is a life science company. Its operating segment consists of specialty pharmaceuticals and consumer products. Specialty pharma business segment is focused on developing and commercializing therapeutics utilizing synthetic Cannabidiol across several therapeutic areas. Consumer product business segment is focused on manufacturing, marketing and selling plant-based CBD products. It operates primarily in San Diego, California and Las Vegas, Nevada. CV Sciences Inc. is based in Las Vegas, United States.
The AdvisorShares Pure Cannabis ETF seeks long-term capital appreciation by investing in both domestic and foreign cannabis equity securities. YOLO is designed to fully-invest for pure cannabis exposure under the guidance of a deeply experienced portfolio management team navigating the emerging cannabis marketplace.
MariMed Inc. is a multi-state cannabis operator. The Company develops, owns and manages seed to sale state-licensed cannabis facilities, which are models in horticultural principles, cannabis cultivation, cannabis-infused products and dispensary operations. Its products and brands, includes Betty's Eddies(R), Nature's Heritage(TM), Bourne Baking Co. and K-Fusion(R). MariMed Inc. is based in NORWOOD, Mass.
AbbVie has become one of the top-most pharma companies after it acquired Allergan. The deal has transformed AbbVie's portfolio by lowering its dependence on Humira, its flagship product. AbbVie has one of the most popular cancer drugs in its portfolio, Imbruvica and its newest immunology drugs Skyrizi and Rinvoq position it well for long-term growth. AbbVie came into existence after Abbott Laboratories divested its pharmaceutical division. AbbVie enjoys leadership positions in key therapeutic areas including immunology, hematologic oncology, neuroscience, aesthetics, eye care and womens' health. Humira is approved for several autoimmune diseases like rheumatoid arthritis, active psoriatic arthritis, active ankylosing spondylitis, Crohn's disease and others. Imbruvica became part of the company's portfolio following the Pharmacyclics acquisition. Other key drugs include Venclexta, Botox Cosmetic, Botox Therapeutics, Vraylar, Skyrizi and Rinvoq.
Constellation Brands Inc. produces and markets beer, wine and spirits. It is the third-largest beer company and a leading, high-end wine company in the United States. It has a strong portfolio of high-quality brands, including Corona, Modelo Especial, Robert Mondavi, Kim Crawford, Meiomi and SVEDKA Vodka. The company conducts its operations in the United States, Mexico, Italy and New Zealand.Furthermore, the company supplies its products to various customers, including wholesale distributors, retailers and through on-premise outlets. As part of its total beverage alcohol strategy, the company extended presence in an adjacent category through its investment in Canopy Growth Company, a diversified cannabis company. The company reports in four operating segments: (1) Beer, (2) Wine and Spirits, and (3) Corporate Operations and Other, and (4) Canopy.
Ayr Wellness Inc. is a vertically integrated, multi-state cannabis operator, focused on delivering cannabis products and customer experience. Ayr Wellness Inc., formerly known as AYR WIRELESS, is based in MIAMI.
The AdvisorShares Pure US Cannabis ETF seeks long-term capital appreciation.
Flora Growth Corp. is an all-outdoor cultivator and manufacturer of cannabis-derived products and brands. Flora Growth Corp. is based in TORONTO.
The Scotts Miracle-Gro Company is a leading producer and marketer of branded garden and consumer lawn products. The company makes, markets and sells garden and lawn products in various categories. Its products are marketed under some of the most recognized brands like Scotts & Turf Builder lawn and grass seed products, LiquaFeed and Osmocote gardening and landscape products, Miracle-Gro plant fertilizers, EverGreen lawn fertilizers, Weedol and Pathclear herbicides and Levington gardening and landscape products. Its has three reportable business segments: U.S. Consumer, Hawthorne and Other. U.S. Consumer division consists of consumer garden and lawn business. The lawn care products also include lawn-related pest, weed and disease control products. Hawthorne segment consists of urban, indoor and hydroponic gardening business. Other division consists of consumer lawn and garden business in regions other than the U.S. and the products are sold to commercial nurseries, greenhouses and other professional customers.
Hydrofarm Holdings Group Inc. is a distributor and manufacturer of hydroponics equipment and supplies for controlled environment agriculture. Hydrofarm Holdings Group Inc. is based in PETALUMA, Calif.
General Cannabis Corp. is a holding company which engages in the provision of lease growing space and related facilities to licensed marijuana business operators. Its operating segment consists of Security and Cash Management Services; Marketing and Products; Consulting and Advisory and Finance and Real Estate. Security and Cash Management Services segment provides advanced security, including on-site professionals, video surveillance and cash transport, to licensed cannabis cultivators and retail shops. Marketing and Products segment engages in the design, distribute and sell apparel featuring graphic designs. Consulting and Advisory segment offers consulting services to the cannabis industry that include obtaining licenses, compliance, cultivation, retail operations, logistical support, facility design and building services, and expansion of existing operations. Finance and Real Estate segment includes the acquisition and leasing of cultivation space and related facilities to licensed marijuana growers and
Verano Holdings Corp. is a multi-state cannabis company. It produces a comprehensive suite of premium, innovative cannabis products sold under its trusted portfolio of consumer brands, including Verano(TM), Avexia(TM), Encore(TM) and M'V(TM). Verano Holdings Corp. is based in CHICAGO.
Village Farms International Inc. is a producer, marketer and distributor of greenhouse-grown tomatoes, bell peppers and cucumbers primarily in North America. The Company's operating segments consists of Produce business and the Energy business. Produce business markets and sells the product group, which consists of tomatoes, bell peppers and cucumbers. Energy business produces power. Village Farms International Inc. is based in Delta, Canada.
Cara Therapeutics, Inc. is a biopharmaceutical company. The company is focused on developing and commercializing new chemical entities designed to alleviate pain. Cara Therapeutics, Inc. is based in Shelton, United States.
Cresco Labs Inc. is an integrated multistate cannabis operators principally in the United States. Its brands are designed to meet the needs of all consumer segments and comprised of brands including Cresco, High Supply, Mindy's Edibles, Good News, Remedi, Wonder Wellness Co. and FloraCal Farms. Cresco Labs Inc. is based in CHICAGO.
Akerna Corp. is a regulatory compliance technology company primarily in the cannabis space. The company offer MJ Platform(R) and Leaf Data Systems(R) platforms which provide clients and government entities with a central data management system for tracking regulated cannabis products from seed to product to shelf to customer through the complete supply chain. Akerna Corp., formerly known as MTech Acquisition Corp., is based in Denver, Colorado.
TerrAscend is a cannabis operator with vertically integrated operations principally in Pennsylvania, New Jersey and California, licensed cultivation and processing operations in Maryland and licensed production in Canada. The Company owns several synergistic businesses and brands, including The Apothecarium, Ilera Healthcare, Kind Tree, Prism, State Flower, Valhalla Confections, and Arise Bioscience Inc. TerrAscend is based in NEW YORK.
Zynerba Pharmaceuticals, Inc. is a specialty pharmaceutical company which focuses on developing and commercializing proprietary synthetic cannabinoid therapeutics formulated for transdermal delivery. Its product candidates which are in clinical trial stage include ZYN002 and ZYN001 synthetic transdermal cannabinoid therapeutics for indications including refractory epilepsy, Fragile X syndrome, osteoarthritis, fibromyalgia and peripheral neuropathic pain. Zynerba Pharmaceuticals, Inc. is headquartered in Devon, Pennsylvania.
GreenGro Technologies, Inc. was formerly known as Authoriszor is a publicly traded pink sheet corporation that provides manufacturing and sales of green, eco friendly, sustainable vertical cultivation systems, and facilities design. GreenGros products and services are targeted at consumers, industrial farming operations. GreenGros products and services are designed to provide all of these customers solutions to achieve maximum efficiency, whether that be a balcony garden or industrial cultivator. The company is un-surpassed in solutions for customers tightly focused on the bottom line. By providing these customers with a simple, reliable and easy to use product and service at an attractive price point, GreenGro intends to lower the barriers to adoption of vertical cultivation technology, enabling whole new market segments to enjoy the benefits of its technology.GreenGros Vertical Cultivation and Gardening Systems are based upon patent pending designs and manufacturing facilities recently acquired by purchasing the company Vertical Hydrogarden Inc., inventor of this revolutionary technology system that reduces the physical footprint of cultivating,while reducing energy costs and improving crop yields.