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Hemp stocks

Ready to invest in the hemp industry? Consider these 5 stocks.

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. And if you're looking for more info on cannabis stocks, read our guide to investing in marijuana.

5 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 US stocks.

  1. Levi Strauss-and-Co (LEVI)
  2. Campbell Soup Company (CPB)
  3. Tilray (TLRY)
  4. Amazon-com (AMZN)
  5. Ecofibre (EOF)

Looking for a new broker? Our top picks

Take a deeper dive into hemp stocks

If you're interested in investing in the hemp industry, take a closer look at what companies in this industry do and how the stocks have historically performed. Keep in mind that positive past performance doesn't guarantee that a stock will continue to rise in the future.

1. Levi Strauss-and-Co (LEVI)

Levi Strauss & Co. operates as an apparel company. It designs, markets, and sells jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear, and related accessories for men, women, and children in the Americas, Europe, and Asia.

Levi Strauss-and-Co stock opened the day at $29.40 after a previous close of $28.00. The latest price was $28.38 (25-minute delay). Levi Strauss-and-Co is listed on the NYSE, has a trailing 12-month revenue of around USD5.5 billion and employs 14,800 staff.

  • Market capitalization: $9,286,984,704
  • P/E ratio: 20.7361

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2. Campbell Soup Company (CPB)

Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada.

Campbell Soup Company stock opened the day at $42.03 after a previous close of $41.97. The latest price was $41.96 (25-minute delay). Campbell Soup Company is listed on the NYSE, has a trailing 12-month revenue of around USD$8.4 billion and employs 14,100 staff.

  • Market capitalization: $13,994,607,616
  • P/E ratio: 14.8606
  • PEG ratio: 5.1703

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3. Tilray (TLRY)

Tilray Brands Inc. engages in the research, cultivation, production, marketing, and distribution of medical cannabis products. The company operates through five segments: Cannabis Business, Distribution Business, Beverage Alcohol Business, Wellness Business, and Business Under Development.

Tilray stock opened the day at $6.77 after a previous close of $6.87. The latest price was $6.86 (25-minute delay). Tilray is listed on the NASDAQ, has a trailing 12-month revenue of around USD$589.3 million and employs 1,800 staff.

  • Market capitalization: $3,200,347,904

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4. Amazon-com (AMZN)

Amazon. com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally.

Amazon-com stock opened the day at $3,000.00 after a previous close of $3,033.35. The latest price was $2,851.25 (25-minute delay). Amazon-com is listed on the NASDAQ, has a trailing 12-month revenue of around USD$458 billion and employs 1,468,000 staff.

  • Market capitalization: $1,644,559,204,352
  • P/E ratio: 63.4603
  • PEG ratio: 2.0506

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5. Ecofibre (EOF)

Ecofibre Limited, together with its subsidiaries, engages in the breeding, growing, manufacturing, marketing, and selling hemp products in the United States and Australia. The company operates through Ananda Health, Ananda Food, and Hemp Black segments. It offers nutraceutical products for human and pet consumption, as well as topical creams and salves; CBD products; grows and produces hemp food products, including protein powders, de-hulled hemp seed, and hemp oil; and develops and produces hemp-based textile products.

Ecofibre stock opened the day at A$0.82 after a previous close of A$0.82. The latest price was A$0.79 (25-minute delay). Ecofibre is listed on the Australian Securities Exchange (ASX) and has a trailing 12-month revenue of around AUD$28.8 million. All prices are listed in Australian Dollars.

  • Market capitalization: $198,919,168

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How to buy hemp stocks

Sign up with an online broker or platform to invest in one or more of these hemp stocks.

  1. Compare share trading platforms. Use our comparison table to narrow down top brokers by fees and bonuses.
  2. Open and fund your brokerage account. You’ll need personal and financial details, like your contact and bank information.
  3. Search for the stock you're interested in. Find the stock by name or ticker symbol, like LEVI or CPB.
  4. Decide on how many to buy. Some brokers will allow you to purchase fractional shares, while others require you to purchase whole shares.
  5. Choose an order type. Invest in the hemp stocks now with a market order or use a limit order to delay your purchase until the stock reaches your desired price.
  6. Buy the stock. Tap or click the Buy button on your brokerage account. Once you’ve invested in the hemp industry, track how your stock performs to decide when it’s time to sell.

Compare trading platforms

Compare online trading platforms by fees, asset types and bonuses to find the best for your investment in hemp stocks.
Name Product Asset types Signup bonus
M1 Finance
Stocks
Free 1-year trial of M1 Plus
when you sign up for M1 Finance
Invest in your favorite stocks or in curated portfolios with automatic rebalancing.
SoFi Invest
Stocks, ETFs, Cryptocurrency
Get one free stock worth up to $1,000
Open an account
A free way to invest in most equities.
TradeStation
Stocks, Bonds, Options, Mutual funds, ETFs, Cryptocurrency
$10 of crypto
Open an account with access to crypto
A platform built for all kinds of traders and all styles of trading
Robinhood
Stocks, Options, ETFs, Cryptocurrency
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Stash Invest
Stocks, ETFs
$5
Add at least $5 to your Invest account
Stash is more than an investment app. You’ll have access to tools that can help you become a confident investor.
Public
Stocks, ETFs, Cryptocurrency
Download and sign up with Public.com; approved accounts receive a free stock slice worth up to $300, selected from 9 popular stocks.
Open an account
Commission-free trading in stocks and ETFs with a social networking twist.
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Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Bottom line

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. And if you’re new to investing, or if it’s been awhile since you’ve taken a critical look at your investing accounts, compare brokers to make sure you’re getting the best features in your trading account.

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