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Best Cannabis & Marijuana Stocks

Best cannabis & marijuana stocks for 2023. Cannabis is a plant that can be used to treat, manage, or improve medical symptoms. It is also used for recreational purposes, given its psychoactive properties. Also known as marijuana, weed, and other names, it has become legal or decriminalized in most U.S. states, Canada, and other places. Consumers are becoming more accepting of cannabis, appreciating its medicinal and recreational properties. This has led to a slew of companies that research, develop, and distribute medical and recreational marijuana. As a result, the marijuana industry is projected to double in value by 2025, making it popular with investors. This list covers the best cannabis companies.
Compare up to 10 stocks or ETFs

Comparison Results

Name
Price
Price Change
Volume
Market Cap
Analyst Price Target
Analyst Consensus
Smart Score
Article
Follow
CGC
Canopy Growth
$9.03
$0.45
(4.75%)
After
0.44%
8.88M$860.30M
0 Buy
3 Hold
2 Sell
Moderate Sell
MO
Altria Group
$44.29
$0.44
(1%)
After
0%
9.85M$75.32B
3 Buy
3 Hold
2 Sell
Hold
ABBV
AbbVie
$160.39
$2.16
(1.33%)
After
0.37%
5.60M$287.04B
10 Buy
2 Hold
0 Sell
Strong Buy
SMG
Scotts Miracle-Gro Company
$66.50
$2.71
(3.92%)
After
0.03%
1.01M$3.92B
2 Buy
4 Hold
0 Sell
Moderate Buy
JAZZ
Jazz Pharmaceuticals
$110.70
$0.51
(0.46%)
After
0%
743.25K$7.01B
12 Buy
2 Hold
0 Sell
Strong Buy
CURLF
Curaleaf Holdings
$5.30
$0.04
(0.75%)
285.33K$3.92B
5 Buy
1 Hold
0 Sell
Strong Buy
GTBIF
Green Thumb Industries
$12.38
$0.25
(2.06%)
276.25K$2.89B
9 Buy
0 Hold
0 Sell
Strong Buy
TCNNF
Trulieve Cannabis
$10.79
$0.193
(1.82%)
250.06K$1.97B
8 Buy
0 Hold
0 Sell
Strong Buy
HEXO
HEXO

Performance Comparison

Ticker
Company Name
Price
$ Change
% Change
CGC
Canopy Growth
9.48
-3.72
-28.18%
MO
Altria Group
43.85
1.18
2.77%
ABBV
AbbVie
162.55
20.85
14.71%
SMG
Scotts Miracle-Gro Company
69.21
-0.09
-0.13%
JAZZ
Jazz Pharmaceuticals
111.21
-27.47
-19.81%
HEXO
0.71
-0.79
-52.67%
CURLF
Curaleaf Holdings
5.34
2.38
80.41%
GTBIF
Green Thumb Industries
12.13
3.51
40.72%
TCNNF
Trulieve Cannabis
10.60
4.89
85.64%
Compare the performance , dividend, and cannabis stocks. Go to the Stock Comparison tool to compare more stocks on key indicators.

Cannabis Stocks Latest News

Read the latest stock news and analysis from the TipRanks news team.

Recent Analysts Ratings of Cannabis Stocks

Name
Analyst
Analyst Firm
Rating
Price Target
Upside / Downside
Action
Date
Curaleaf Holdings
Buy
Reiterated
Jazz Pharmaceuticals
Buy
Reiterated
Scotts Miracle-Gro Company
Hold
Reiterated
Green Thumb Industries
Buy
Reiterated
Trulieve Cannabis
Buy
Reiterated
Canopy Growth
Hold
Reiterated
Jazz Pharmaceuticals
Buy
Reiterated
Jazz Pharmaceuticals
Buy
Reiterated

Most Recent Earnings of Cannabis Stocks

Name
Report Date
Time Of Day
Period Ending
Forecast / EPS
Last Year's EPS
Canopy Growth
Feb 09, 2024
Dec 01, 2023
-0.37 / -1.91
-9.311
Altria Group
Apr 25, 2024
Mar 01, 2024
1.15 / 1.15
1.31
AbbVie
Apr 26, 2024
Mar 01, 2024
2.26 / 2.31
2.91
Scotts Miracle-Gro Company
May 01, 2024
Mar 01, 2024
3.44 / 3.69
1.17
Jazz Pharmaceuticals
May 01, 2024
Mar 01, 2024
4.18 / 2.68
4.51
Curaleaf Holdings
Mar 06, 2024
Dec 01, 2023
-0.05 / -0.08
-0.036
Green Thumb Industries
Feb 28, 2024
Dec 01, 2023
0.05 / 0.01
0.029
Trulieve Cannabis
Feb 29, 2024
Dec 01, 2023
-0.15 / -0.18
-0.247
HEXO
- / -

Cannabis Stocks - FAQ

Which Cannabis stocks have a "Strong Buy" analyst rating?
These Cannabis stocks currently have a "Strong Buy" analyst rating consensus:
AbbVie - Strong Buy, based on 12 analyst ratings, 10 Buy, 2 Hold, and 0 Sell.
    Jazz Pharmaceuticals - Strong Buy, based on 14 analyst ratings, 12 Buy, 2 Hold, and 0 Sell.
      Curaleaf Holdings - Strong Buy, based on 6 analyst ratings, 5 Buy, 1 Hold, and 0 Sell.
        Green Thumb Industries - Strong Buy, based on 9 analyst ratings, 9 Buy, 0 Hold, and 0 Sell.
          Trulieve Cannabis - Strong Buy, based on 8 analyst ratings, 8 Buy, 0 Hold, and 0 Sell.
            Are Cannabis stocks overpriced?
            Canopy Growth's stock price is currently $9.03, and its average 12-month price target is $3.77.
              Altria Group's stock price is currently $44.29, and its average 12-month price target is $43.75.
                AbbVie's stock price is currently $160.39, and its average 12-month price target is $185.27.
                  Scotts Miracle-Gro Company's stock price is currently $66.50, and its average 12-month price target is $75.40.
                    Jazz Pharmaceuticals's stock price is currently $110.70, and its average 12-month price target is $189.15.
                      Curaleaf Holdings's stock price is currently $5.30, and its average 12-month price target is $7.55.
                        Green Thumb Industries's stock price is currently $12.38, and its average 12-month price target is $19.62.
                          Trulieve Cannabis's stock price is currently $10.79, and its average 12-month price target is $16.48.
                            's stock price is currently N/A, and its average 12-month price target is N/A.
                              Which Cannabis stocks pay dividends?
                              Canopy Growth does not currently pay dividends.
                                Altria Group does not currently pay dividends.
                                  AbbVie does not currently pay dividends.
                                    Scotts Miracle-Gro Company currently pays a dividend of $0.66 which represents an annual dividend yield of 3.69%. Scotts Miracle-Gro Company's next Ex-dividend date is May 23, 2024 and its next payout date is June 7, 2024.
                                      Jazz Pharmaceuticals does not currently pay dividends.
                                        Curaleaf Holdings does not currently pay dividends.
                                          Green Thumb Industries does not currently pay dividends.
                                            Trulieve Cannabis does not currently pay dividends.
                                              does not currently pay dividends.

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                                                Cannabis Stock Events

                                                Stock
                                                Type
                                                Date
                                                Green Thumb Industries
                                                Earnings ReleaseMay 08, 2024
                                                Curaleaf Holdings
                                                Earnings ReleaseMay 09, 2024
                                                Trulieve Cannabis
                                                Earnings ReleaseMay 09, 2024
                                                Scotts Miracle-Gro Company
                                                Ex-Dividend DateMay 23, 2024
                                                Canopy Growth
                                                Earnings ReleaseMay 30, 2024

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