4 hemp stocks to watch

Both hemp and cannabis are increasingly popular industries. But while these two industries are based on the same plant, there is a key difference. Cannabis stocks are shares of companies that offer THC and CBD products, more commonly known as marijuana. Hemp refers to products with little to no THC. Hemp is most commonly used in clothing as an eco-friendly fiber and in health foods like vegan hemp milk.

We've compiled a list of popular hemp stocks. The best stocks depend on your portfolio and investment goals—while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time. If you're looking for more info on cannabis stocks, read our guide to investing in marijuana.

4 popular hemp stocks to watch

We round up a selection of stocks in or related to the hemp 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
Levi Strauss-and-Co Class A (LEVI.US)	12.15% Levi Strauss-and-Co Class A's 1-year return based on the closing price as of November 5, 2025.	$8.3 billion (USD)	NYSE	2,490,501	Buy now
Tilray (TLRY.US)	110.16% Tilray's 1-year return based on the closing price as of November 5, 2025.	$397.5 million (USD)	NASDAQ	4,338,004	Buy now
Canopy Growth (CGC.US)	-42.72% Canopy Growth's 1-year return based on the closing price as of November 5, 2025.	$305.9 million (USD)	NASDAQ	2,280,900	Buy now
Ecofibre (EOFBF.US)	(data unavailable)	$378,873 (USD)	PINK	(data unavailable)	Buy now

The values in this table are accurate as of the market close on October 28, 2026, or the most recent data available. Volume refers to the number of shares traded during the day.

What to look for when investing in hemp stock

The hemp industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering hemp stocks 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.

How to invest in hemp stock

1. Research the hemp industry. Before investing, learn about the hemp stock sector, its trends and the companies within it. Look at each company's financial health, potential for growth and past performance to identify stocks that fit your investment goals.
2. Choose a stock trading platform. Compare trading fees, access to trading tools and user interface options. We've identified reliable trading platforms to help narrow down your options below or check out the best stock trading apps in Canada to find one that suits your needs.
3. Open and fund your account. Sign up with your personal details and link a bank account or funding method to deposit money before you start trading.
4. Select the hemp stock(s) to buy. Search by company name or ticker symbol, like LEVI or TLRY. Compare key metrics such as market cap, price history and earnings per share to pick the best stock for your strategy.
5. Buy the stock and monitor performance. Place your order to buy the stock and track its performance over time. Consider setting alerts, signing up for industry newsletters or using platform research tools to stay up to date on market changes.

Our top picks for where to buy hemp stocks

Are hemp stocks a good investment?

While it's possible to turn a profit investing in hemp stocks, keep in mind that—like any investment—hemp stocks are not immune to risk. These stocks are subject to fluctuating conditions both in the market and in the hemp industry, so carefully vet your picks before you invest.

What are the best hemp stocks?

A lot of factors go into picking the best hemp stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong hemp stock investment for one person might not be suitable for another.

That said, we rounded up this list of popular hemp stocks in or related to the hemp industry to help narrow down your options:

• Levi Strauss-and-Co Class A (LEVI)
• Tilray (TLRY)
• Canopy Growth (CGC)
• Ecofibre (EOFBF)

Keep in mind that this is not a "best" list or a recommendation. It highlights some hemp stocks 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 hemp stock below. Keep reading to decide if any of these companies are the right investment for you.

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Levi Strauss-and-Co Class A (LEVI)

Levi Strauss & Co. designs, markets, and sells apparels and related accessories for men, women, and children in the United States and internationally. The company offers jeans, casual and dress pants, activewears, tops, shorts, skirts, dresses, jumpsuits, shirts, sweaters, jackets, footwear, and related accessories under the Levi's, Levi Strauss Signature, Denizen, and Beyond Yoga brands.

It sells its products through third-party retailers, such as department stores, specialty retailers, third-party e-commerce sites, and franchisees; and directly to consumers through company-operated mainline and outlet stores, company-operated e-commerce sites, and select shop-in-shops located in department stores and other third-party retail locations.

Closing stock price	$22.61
Market Capitalization The total market value of Levi Strauss-and-Co Class A's outstanding shares	$8.3 billion
Gross profit (TTM)	$4.1 billion
Profit margin	8.83%
Revenue (TTM)	$6.7 billion
Earnings per share (TTM)	$1.52
52-week stock price range	$17.36 – $25.50

All dollar amounts in this table are in USD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on October 28, 2026.

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Tilray (TLRY)

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	$2.69
Market Capitalization The total market value of Tilray's outstanding shares	$397.5 million
Gross profit (TTM)	$282.6 million
Profit margin	-17.05%
Revenue (TTM)	$963.1 million
Earnings per share (TTM)	-$1.41
52-week stock price range	$2.62 – $15.70

All dollar amounts in this table are in USD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on October 27, 2026.

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Canopy Growth (CGC)

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	$0.65
Market Capitalization The total market value of Canopy Growth's outstanding shares	$305.9 million
Gross profit (TTM)	$83.7 million
Profit margin	-79.22%
Revenue (TTM)	$293.6 million
Earnings per share (TTM)	-$0.45
52-week stock price range	$0.64 – $2.38

All dollar amounts in this table are in USD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on October 29, 2026.

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Ecofibre (EOFBF)

Ecofibre Limited, together with its subsidiaries, engages in the polymer, health care, and hemp seed genetics businesses in the United States and Australia. The company operates through Ecofibre Advanced Technologies, Ananda Health, Ecofibre Genetics, and EOF Bio segments.

It offers cannabinoid based health products for human and pet consumption.

Closing stock price	$0.00
Market Capitalization The total market value of Ecofibre's outstanding shares	$378,873
Gross profit (TTM)	$11 million
Profit margin	-58.18%
Revenue (TTM)	$28.4 million
Earnings per share (TTM)	-$0.03
52-week stock price range	$0.00 – $0.00

All dollar amounts in this table are in USD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on June 10, 2026.

Compare trading platforms to buy hemp stock

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.

Related: Compare the best stock trading platforms in Canada

Bottom line

If you're considering adding hemp stocks to your portfolio, make sure you thoroughly look into any companies before investing to help mitigate risk. We've compiled a list of hemp stocks to help narrow down your options. Then choose a legitimate stock trading platform to start investing. After that it comes down to monitoring the hemp industry to know when to buy, sell or hold. How to buy stocks in Canada

Frequently asked questions about hemp stocks

• What are hemp stocks?

  Hemp stocks are shares of companies that either directly work in the hemp sector or operate within related industries. Investors interested in buying hemp stocks may be looking to take advantage of market trends or lock in investments for the long haul.

• What is the top hemp stock to buy in 2026?

  Unfortunately, it's almost impossible to choose a single "top" hemp stock 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.

• Where can I find information and regular updates about the hemp industry?

  You can keep track of the latest hemp 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 hemp industry.

Check these other commodities and investment sectors

If you're thinking about diversifying your portfolio and investing in sectors beyond hemp stocks, here are some others you can consider:

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