If you’re looking to invest in cannabis stocks, there are a couple of different approaches you can take. It helps to look at many types of companies in different parts of the industry and see which looks the most promising for your portfolio.
The cannabis sector is prone to a lot of volatility, so you should evaluate what level of risk you’re willing to take. Investing directly in the supply chain through producers, for example, ties you more closely to the cannabis market than if you invested in a company that provides ancillary services to many industries.
Click HERE for Stockhouse Tips on Investing in Cannabis
To help you get started, Stockhouse has a list of some of the top cannabis stocks that are worth watching, from small to large-cap companies. This list includes everything from the biggest players in the market to some of the up-and-coming stocks that seem poised to make a play. While this is by no means an exhaustive list, and you should do plenty of due diligence before picking out your investments, these are the companies that you should keep an eye on.
Cannabis Operators: The Major Players
Aleafia Health Inc. (TSX:ALEF)
Aphria Inc. (TSX:APHA)
Aurora Cannabis (TSX.ACB)
Bhang Inc. (CSE:BHNG)
Canopy Growth Corp. (TSX:WEED)
CannTrust Holdings Inc. (TSX:TRST)
Cronos Group Inc. (TSX:CRON)
Curaleaf Holdings (CSE:CURA)
Delta 9 Cannabis Inc. (TSX:DN)
Emerald Health Therapeutics (TSX-V:EMH)
Indiva Limited (TSX-V:NDVA)
MediPharm Labs Corp. (TSX-V:LABS)
Organigram Holdings (TSX:OGI)
Rubicon Organics Inc. (CSE:ROMJ)
Tilray Inc. (NASDAQ:TLRY)
Trulieve Cannabis Corp. (CSE:TRUL)
Biotech/Pharmaceuticals
AbbVie Inc. (NYSE:ABBV)
Arena Pharmaceuticals Inc. (NASDAQ:ARNA)
Axim Biotechnologies (OTC:AXIM)
CV Sciences Inc. (OTC:CVSI)
GW Pharmaceuticals (NASDAQ:GWPH)
INSYS Therapeutics Inc. (OTC:INSYQ)
22nd Century Group (AMEX:XXII)
Ancillary Services and Partners
Constellation Brands (NYSE:STZ)
General Cannabis Corp. (OTC:CANN)
GrowGeneration Corp (NASDAQ:GRWG)
Heineken N.V. (OTC:HEINY)
Innovative Industrial Properties (NYSE:IIPR)
KushCo Holdings (OTC:KSHB)
The Scotts Miracle-Gro Company (NYSE:SMG)
XS Financial Inc (CSE:XS)
Psychedelic Health Sciences
PharmaTher Inc. (CSE: PHRM)
Field Trip Health Ltd. (CSE: FTRP)
Revive Therapeutics Ltd. (CSE: RVV)
Universal Ibogaine Inc. (UI) (TSX-V.IBO)
Biomind Labs Inc. (BMND) (NEO.BMND)
FSD Pharma Inc. (CSE: HUGE)
Cybin Inc. Cybin Inc. (N.CYBN)
New to investing in Cannabis? Check out Stockhouse tips on How to Invest in Cannabis Stocks.
For more of the latest info on Cannabis, check out the Cannabis Trending News hub. Or, for lively sector discussion, visit Stockhouse’s new Cannabis Bullboards page.