Cannabis companies had a rough time in the U.S. in 2022, but some of the ones based in Canada are facing an even harder time thanks to a lack of clear regulations and the global economic impact of the pandemic. However, many investors have been turning their eyes towards the cannabis industry as a potential source of upside in 2021. With marijuana stocks still on the rise, it is clear that now is the time to invest in cannabis stocks.
In this article, we will discuss the 14 Best Marijuana Stocks To Buy Now. You can skip our detailed industry analysis and go directly to the list of the Best Cannabis Stocks To Buy Now.
It wasn't exactly a Marijuana Monday for pot sector stocks on the first trading day of this week. Many got hammered during the session, with some of the biggest names in the industry suffering dramatic losses. Despite this, there are still some stocks that are worth considering.
The first stock on our list is Tilray (NASDAQ: TLRY), one of the leading cannabis companies in Canada. The company has experienced rapid growth in the past year, with its stock price more than doubling since mid-2020. Tilray is a well-known name in the industry and is a leader in both the medical and recreational markets.
Aurora Cannabis (NYSE: ACB) is another leading cannabis company in Canada. Aurora has been growing rapidly in recent years and has become a leader in the global cannabis industry. Aurora's recent acquisitions have allowed it to expand its global footprint and diversify its portfolio.
Canopy Growth (NASDAQ: CGC) is a company that is often overlooked, but is worth considering. Canopy has been one of the most successful cannabis companies in terms of stock performance, and its stock price has more than tripled since the beginning of 2021.
Cronos Group (NASDAQ: CRON) is another stock worth considering. This company has seen a surge in its stock price in recent months, and its performance has been impressive.
The next stock on our list is KushCo Holdings (OTC: KSHB), a company that specializes in cannabis packaging and supplies. KushCo has been one of the most successful cannabis stocks in 2021, and its stock price has more than tripled since the beginning of the year.
Another stock worth considering is Innovative Industrial Properties (NYSE: IIPR). This company specializes in the acquisition, ownership, and management of industrial properties that are leased to state-licensed operators for the production and distribution of cannabis products.
Aphria (NYSE: APHA) is another cannabis company that has been performing well in 2021. The company is one of the leading medical cannabis companies in Canada and is well-positioned to capitalize on the growing recreational market.
OrganiGram Holdings (NASDAQ: OGI) is a Canadian cannabis company that has seen a surge in its stock price in recent months. The company is a leader in the medical market and is well-positioned to capitalize on the recreational market.
GW Pharmaceuticals (NASDAQ: GWPH) is a company that specializes in the development of cannabinoid-based treatments for medical conditions. The company is one of the leading companies in the field and is well-positioned to capitalize on the growing demand for medical cannabis products.
GW Pharmaceuticals is also a leader in the field of CBD. The company has developed products for the treatment of epilepsy, anxiety, pain, and other conditions.
These are just a few of the many cannabis stocks that are worth considering for 2021. For a more detailed analysis of each stock, please read our article on the Best Cannabis Stocks To Buy Now.
