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Considering investing in s? While the best s depend on your portfolio and investment goals, we've identified some s that are worth keeping an eye on in the sector. Keep reading to learn more about s and how to start investing.
We round up a selection of stocks in or related to the industry, weighting the list more heavily towards popular mid- and large-cap stocks.
| Best stock | 1-year return | Market cap | Exchange | Volume | Buy on Questrade |
|---|---|---|---|---|---|
| Cronos Group (CRON.TO) | 31.25% | $1.7 billion (CAD) | Toronto Stock Exchange | 50,177 | Buy now |
| OrganiGram (OGI.TO) | -48.50% | $197.5 million (CAD) | Toronto Stock Exchange | 22,075 | Buy now |
| Canopy Growth (WEED.TO) | -48.70% | $543.7 million (CAD) | Toronto Stock Exchange | 785,188 | Buy now |
| Tilray (TLRY.TO) | 110.46% | $743.3 million (CAD) | Toronto Stock Exchange | 1,172,639 | Buy now |
| Curaleaf (CURA.TO) | 4.89% | $3.5 billion (CAD) | Toronto Stock Exchange | 195,975 | Buy now |
| Aurora Cannabis (ACB.TO) | -13.36% | $400.1 million (CAD) | Toronto Stock Exchange | 336,586 | Buy now |
| Village Farms International (VFF.US) | -19.03% | $332.6 million (USD) | NASDAQ | 536,015 | Buy now |
The industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering s to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.
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A lot of factors go into picking the best s. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong investment for one person might not be suitable for another.
That said, we rounded up this list of popular s in or related to the industry to help narrow down your options:
Keep in mind that this is not a "best" list or a recommendation. It highlights some s for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.
We've outlined detailed company and stock performance details for each below. Keep reading to decide if any of these companies are the right investment for you.
Cronos Group Inc., a cannabinoid company, engages in the cultivation, production, distribution, and marketing of cannabis products in Canada, Israel, and internationally. It offers dried flowers, pre-rolls, oils, vaporizers, edibles, and tinctures under the Spinach, Lord Jones, Lit, and Peace Naturals brand names.
The company is headquartered in Stayner, Canada.
| Closing stock price | C$4.62 |
|---|---|
| Market Capitalization | C$1.7 billion |
| Gross profit (TTM) | C$77 million |
| Profit margin | 39.08% |
| Revenue (TTM) | C$179.1 million |
| Earnings per share (TTM) | C$0.26 |
| 52-week stock price range | C$3.23 – C$4.99 |
Organigram Global Inc. engages in the production and sale of cannabis and cannabis-derived products in Canada. It offers medical cannabis products, including whole flower, milled flower, pre-rolls, infused pre-rolls, vapes, beverages, gummies, and concentrates; and adult use recreational cannabis under the SHRED, Big Bag O' Buds, Monjour, Trailblazer, SHRED'ems, Edison Cannabis Co., Boxhot, Edison JOLTS, Wola, Rizzlers, DEBUNK, Tremblant, and Laurentian brands.
The company also engages in the wholesale shipping of cannabis plant cuttings and dried flowers to other licensed producers.
| Closing stock price | C$1.37 |
|---|---|
| Market Capitalization | C$197.5 million |
| Gross profit (TTM) | C$113 million |
| Profit margin | 28.02% |
| Revenue (TTM) | C$309.2 million |
| Earnings per share (TTM) | C$0.60 |
| 52-week stock price range | C$1.20 – C$3.09 |
Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and cannabis-related products for medical and adult use in Canada, Germany, the United States, and internationally. The company operates through two segments, Cannabis and Storz & Bickel.
It also provides vaporizers and accessories; dried flower and pre-rolled joints, oil, and vapes and beverages; extracts and concentrates, such as softgel capsules; and cannabis edibles, including gummies.
| Closing stock price | C$1.18 |
|---|---|
| Market Capitalization | C$543.7 million |
| Gross profit (TTM) | C$83.7 million |
| Profit margin | -79.22% |
| Revenue (TTM) | C$293.6 million |
| Earnings per share (TTM) | -C$0.62 |
| 52-week stock price range | C$1.17 – C$3.28 |
Tilray Brands, Inc., a lifestyle consumer products company, engages in the research, cultivation, processing, and distribution of medical cannabis products in Canada, the United States, Europe, the Middle East, Africa, and internationally. The company operates through four segments: Beverage, Cannabis, Distribution, and Wellness.
It also offers medical and adult-use cannabis products; resells and distributes pharmaceutical and wellness products; and produces, markets, and sells beverage products, and hemp-based food products.
| Closing stock price | C$5.03 |
|---|---|
| Market Capitalization | C$743.3 million |
| Gross profit (TTM) | C$282.6 million |
| Profit margin | -17.05% |
| Revenue (TTM) | C$963.1 million |
| Earnings per share (TTM) | -C$1.50 |
| 52-week stock price range | C$4.81 – C$25.90 |
Curaleaf Holdings, Inc. engages in the retail and wholesale of cannabis products in the United States and internationally. The company operates licensed cultivation; and pharma-grade cannabis processing and manufacturing facilities.
It also supplies cannabis on a wholesale basis to Australia, New Zealand, the United Kingdom and various European countries, including Germany, Italy, Poland, the Czech Republic, Switzerland, Sweden and Norway.
| Closing stock price | C$13.31 |
|---|---|
| Market Capitalization | C$3.5 billion |
| Gross profit (TTM) | C$649.6 million |
| Profit margin | -2.63% |
| Revenue (TTM) | C$1.3 billion |
| Earnings per share (TTM) | -C$0.19 |
| 52-week stock price range | C$7.77 – C$20.93 |
Aurora Cannabis Inc., together with its subsidiaries, engages in the production, distribution, and sale of cannabis products in Canada and internationally. The company offers pharmaceutical-grade cannabis products; and medical and consumer cannabis products.
It also provides harvested cannabis, trim, cannabis oils, capsules, edibles, vaporizers, dried and fresh cannabis, cannabis plants, cannabis seeds, edible cannabis, cannabis extracts, flowers, vapes / inhalable extracts, edibles / pastilles, concentrates, and cannabis topicals; and patient counseling and outreach services.
| Closing stock price | C$6.42 |
|---|---|
| Market Capitalization | C$400.1 million |
| Gross profit (TTM) | C$138.7 million |
| Profit margin | -38.25% |
| Revenue (TTM) | C$314.1 million |
| Earnings per share (TTM) | -C$0.84 |
| 52-week stock price range | C$3.59 – C$8.75 |
Village Farms International, Inc., together with its subsidiaries, produces, markets, and distributes greenhouse grown tomatoes, bell peppers, and cucumbers in North America and Netherlands. It operates in five segments: Cannabis-Canada, Cannabis-U.S., Cannabis " Netherlands, Produce, and Clean Energy.
It produces and supplies cannabis products to other licensed providers and provincial governments in Canada and internationally; develops and sells cannabinoid-based health and wellness products, including ingestible, edibles, and topical applications; and produces power.
| Closing stock price | $2.68 |
|---|---|
| Market Capitalization | $332.6 million |
| Gross profit (TTM) | $102.1 million |
| Profit margin | 9.85% |
| Revenue (TTM) | $230.6 million |
| Earnings per share (TTM) | $0.18 |
| 52-week stock price range | $1.81 – $4.99 |
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
s are shares of companies that either directly work in the sector or operate within related industries. Investors interested in buying s may be looking to take advantage of market trends or lock in investments for the long haul.
Unfortunately, it's almost impossible to choose a single "top" to invest in due to factors like market fluctuations, company management and shifting economic trends. These can all change—sometimes overnight—how a stock performs. It's best to do your own research to decide which companies fit within your risk tolerance. Reviewing a company's financial reports and past stock performance can help you decide if it's worth investing in.
You can keep track of the latest news and updates by signing up for financial newsletters, visiting financial news sites, reading company investor relations pages and using market research platforms. Many online brokerages also offer sector reports, stock screeners and alerts to help you track movements in your stock performance or updates in or related to the industry.
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