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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
Canopy Growth
$3.48
$0.12
(3.57%)
2.31M$307.46M
$3.18
(-8.62% Downside)
0 Buy
3 Hold
2 Sell
Moderate Sell
premium
Altria Group
$40.70
$0.435
(1.06%)
3.56M$72.53B
$42.68
(4.88% Upside)
2 Buy
2 Hold
2 Sell
Hold
premium
AbbVie
$179.31
$1.22
(0.69%)
2.32M$314.59B
$179.00
(-0.17% Downside)
12 Buy
6 Hold
0 Sell
Moderate Buy
premium
Scotts Miracle-Gro Company
$59.00
$0.16
(0.27%)
404.05K$3.34B
$62.67
(6.22% Upside)
1 Buy
2 Hold
0 Sell
Moderate Buy
premium
Jazz Pharmaceuticals
$133.81
$1.53
(1.16%)
280.99K$8.33B
$185.91
(38.94% Upside)
10 Buy
2 Hold
0 Sell
Strong Buy
premium
Curaleaf Holdings
$5.21
$0.17
(3.16%)
534.23K$3.93B
$5.37
(3.07% Upside)
1 Buy
0 Hold
0 Sell
Moderate Buy
premium
Green Thumb Industries
$13.61
$0.67
(4.69%)
314.13K$3.37B
premium
Trulieve Cannabis
$9.64
$0.73
(7.04%)
400.79K$1.92B
$24.42
(153.32% Upside)
1 Buy
0 Hold
0 Sell
Moderate Buy
premium
HEXO
$0.71
$0.017
(2.45%)
305.54K$29.34M
(― Upside)
premium

Performance Comparison

Ticker
Company Name
Price
$ Change
% Change
CGC
Canopy Growth
3.36
-19.64
-85.39%
MO
Altria Group
41.13
-1.52
-3.56%
ABBV
AbbVie
178.09
29.81
20.10%
SMG
Scotts Miracle-Gro Company
58.84
-20.14
-25.50%
JAZZ
Jazz Pharmaceuticals
132.28
-9.03
-6.39%
HEXO
0.71
-1.10
-60.77%
CURLF
Curaleaf Holdings
5.38
1.73
47.40%
GTBIF
Green Thumb Industries
14.28
6.07
73.93%
TCNNF
Trulieve Cannabis
10.37
4.27
70.00%
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
Jazz Pharmaceuticals
premium
premium
Buy
premium
premium
Assigned
Altria Group
premium
premium
Buy
premium
premium
Reiterated
Canopy Growth
premium
premium
Sell
premium
premium
Reiterated
AbbVie
premium
premium
Hold
premium
premium
Reiterated
Scotts Miracle-Gro Company
premium
premium
Hold
premium
premium
Reiterated
Curaleaf Holdings
premium
premium
Buy
premium
premium
Reiterated
Trulieve Cannabis
premium
premium
Buy
premium
premium
Reiterated
Green Thumb Industries
premium
premium
Buy
premium
premium
Reiterated
Altria Group
premium
premium
Sell
premium
premium
Assigned
Canopy Growth
premium
premium
Sell
premium
premium
Reiterated

Most Recent Earnings of Cannabis Stocks

Report Date
Time Of Day
Period Ending
Forecast / EPS
Last Year's EPS
Canopy Growth
Feb 09, 2024
Dec 01, 2023
-0.37 / -1.94
-3.996
Altria Group
Feb 01, 2024
Dec 01, 2023
1.18 / 1.18
1.18
AbbVie
Feb 02, 2024
Dec 01, 2023
2.79 / 2.79
3.6
Scotts Miracle-Gro Company
Feb 07, 2024
Dec 01, 2023
-1.47 / -1.45
-1.02
Jazz Pharmaceuticals
Nov 08, 2023
Sep 01, 2023
4.93 / 4.84
5.17
Curaleaf Holdings
Nov 09, 2023
Sep 01, 2023
-0.06 / -0.09
-0.07
Green Thumb Industries
Nov 08, 2023
Sep 01, 2023
0.04 / 0.05
0.04
Trulieve Cannabis
Nov 09, 2023
Sep 01, 2023
-0.17 / -0.13
-0.61
HEXO
- / -

Cannabis Stocks - FAQ

Which Cannabis stocks have a "Strong Buy" analyst rating?
These Cannabis stocks currently have a "Strong Buy" analyst rating consensus:
Jazz Pharmaceuticals - Strong Buy, based on 12 analyst ratings, 10 Buy, 2 Hold, and 0 Sell.
    Are Cannabis stocks overpriced?
    Canopy Growth's stock price is currently $3.48, and its average 12-month price target is $3.18.
      Altria Group's stock price is currently $40.70, and its average 12-month price target is $42.68.
        AbbVie's stock price is currently $179.31, and its average 12-month price target is $179.00.
          Scotts Miracle-Gro Company's stock price is currently $59.00, and its average 12-month price target is $62.67.
            Jazz Pharmaceuticals's stock price is currently $133.81, and its average 12-month price target is $185.91.
              Curaleaf Holdings's stock price is currently $5.21, and its average 12-month price target is $5.37.
                Green Thumb Industries's stock price is currently $13.61, and its average 12-month price target is N/A.
                  Trulieve Cannabis's stock price is currently $9.64, and its average 12-month price target is $24.42.
                    's stock price is currently $0.71, 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 currently pays a dividend of $1.55 which represents an annual dividend yield of 3.36%. AbbVie's next Ex-dividend date is April 12, 2024 and its next payout date is May 15, 2024.
                            Scotts Miracle-Gro Company does not currently pay dividends.
                              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.

                                        Cannabis Stock Events

                                        Stock
                                        Type
                                        Date
                                        Jazz Pharmaceuticals
                                        Earnings ReleaseFeb 28, 2024
                                        Green Thumb Industries
                                        Earnings ReleaseFeb 28, 2024
                                        Trulieve Cannabis
                                        Earnings ReleaseFeb 29, 2024
                                        Curaleaf Holdings
                                        Earnings ReleaseMar 06, 2024
                                        HEXO
                                        Earnings ReleaseMar 14, 2024

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