5 vape stocks to watch

Considering investing in vape stocks? While the best vape stocks depend on your portfolio and investment goals, we've identified some vape stocks that are worth keeping an eye on in the vaping sector. Keep reading to learn more about vape stocks and how to start investing.

5 popular vape stocks to watch

We round up a selection of stocks in or related to the vaping industry, weighting the list more heavily towards popular mid- and large-cap stocks.

Best stock	1-year return	Market cap	Exchange	Volume	Buy on CIBC Investor's Edge
Turning Point Brands (TPB.US)	48.16% Turning Point Brands's 1-year return based on the closing price as of March 25, 2025.	$1.6 billion (USD)	NYSE	571,700	Buy now
British American Tobacco p-l-c (BTI.US)	44.91% British American Tobacco p-l-c's 1-year return based on the closing price as of March 25, 2025.	$131.3 billion (USD)	NYSE	4,808,743	Buy now
Cronos Group (CRON.US)	37.70% Cronos Group's 1-year return based on the closing price as of March 25, 2025.	$996.2 million (USD)	NASDAQ	1,036,800	Buy now
Canopy Growth (CGC.US)	-12.14% Canopy Growth's 1-year return based on the closing price as of March 25, 2025.	$445.2 million (USD)	NASDAQ	7,651,076	Buy now
Altria Group (MO.US)	13.54% Altria Group's 1-year return based on the closing price as of March 25, 2025.	$112.4 billion (USD)	NYSE	9,968,267	Buy now

The values in this table are accurate as of the market close on March 24, 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 vape stock

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

1. Research the vaping industry. Before investing, learn about the vape 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 vape stock(s) to buy. Search by company name or ticker symbol, like TPB or BTI. 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 vape stocks

Are vape stocks a good investment?

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

What are the best vape stocks?

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

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

• Turning Point Brands (TPB)
• British American Tobacco p-l-c (BTI)
• Cronos Group (CRON)
• Canopy Growth (CGC)
• Altria Group (MO)

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

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Turning Point Brands (TPB)

Turning Point Brands, Inc. , together with its subsidiaries, manufactures, markets, and distributes branded consumer products in the United States and Canada. The company operates through two segments, Zig-Zag Products and Stoker's Products.

Closing stock price	$87.25
Market Capitalization The total market value of Turning Point Brands's outstanding shares	$1.6 billion
Gross profit (TTM)	$264.3 million
Profit margin	12.56%
Revenue (TTM)	$463.1 million
Earnings per share (TTM)	$3.11
52-week stock price range	$51.31 – $146.76

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 March 22, 2026.

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British American Tobacco p-l-c (BTI)

British American Tobacco p. l. c.

Closing stock price	$57.92
Market Capitalization The total market value of British American Tobacco p-l-c's outstanding shares	$131.3 billion
Gross profit (TTM)	$21.2 billion
Profit margin	30.32%
Revenue (TTM)	$25.6 billion
Earnings per share (TTM)	$4.63
52-week stock price range	$36.35 – $63.22

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 March 22, 2026.

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Cronos Group (CRON)

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.

Closing stock price	$2.52
Market Capitalization The total market value of Cronos Group's outstanding shares	$996.2 million
Gross profit (TTM)	$58.4 million
Profit margin	-6.45%
Revenue (TTM)	$146.6 million
Earnings per share (TTM)	-$0.02
52-week stock price range	$1.60 – $3.43

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 March 22, 2026.

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Canopy Growth (CGC)

Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis, hemp, and cannabis-related products in Canada, Germany, and Australia. It operates through four segments: Canada Cannabis, International Markets Cannabis, and Storz & Bickel, and This Works. The company offers dried flower and pre-rolled joints; extracts and concentrates, such as softgel capsules; cannabis edibles, including gummies; cannabis vapes; and oils, beverages, concentrates.

Closing stock price	$0.97
Market Capitalization The total market value of Canopy Growth's outstanding shares	$445.2 million
Gross profit (TTM)	$73.9 million
Profit margin	-117.31%
Revenue (TTM)	$278.4 million
Earnings per share (TTM)	-$1.36
52-week stock price range	$0.77 – $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 March 22, 2026.

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Altria Group (MO)

Altria Group, Inc. , through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. It offers cigarettes primarily under the Marlboro brand; large cigars and pipe tobacco under the Black & Mild brand; moist smokeless tobacco and oral tobacco products under the Copenhagen, Skoal, Red Seal, and Husky brands; oral nicotine pouches under the on! brand; and e-vapor products under the NJOY ACE brand.

Closing stock price	$64.39
Market Capitalization The total market value of Altria Group's outstanding shares	$112.4 billion
Gross profit (TTM)	$14.6 billion
Profit margin	34.50%
Revenue (TTM)	$20.1 billion
Earnings per share (TTM)	$4.12
52-week stock price range	$50.18 – $70.51

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 March 22, 2026.

Compare trading platforms to buy vape 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 vape stocks to your portfolio, make sure you thoroughly look into any companies before investing to help mitigate risk. We've compiled a list of vape 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 vaping industry to know when to buy, sell or hold.

Related: How to buy stocks in Canada

Frequently asked questions about vape stocks

• What are vape stocks?

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

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

  Unfortunately, it's almost impossible to choose a single "top" vape 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 vaping industry?

  You can keep track of the latest vaping 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 vaping industry.

Check these other commodities and investment sectors

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

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