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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

Comparison Results

Name
Price
Volume
Analyst Price Target
Analyst Consensus
Smart Score
Market Cap
P/E Ratio
Dividend Yield
Sector
Article
Follow
CGC
Canopy Growth
$3.20889.04K
xxxxxxxxxxxxx
0 Buy
0 Hold
1 Sell
Moderate Sell
$418.35M-0.66Healthcare
MO
Altria Group
$54.64956.82K
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4 Buy
1 Hold
2 Sell
Moderate Buy
$92.69B9.237.14%Consumer Defensive
ABBV
AbbVie
$174.30635.62K
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13 Buy
7 Hold
0 Sell
Moderate Buy
$308.14B60.813.53%Healthcare
SMG
Scotts Miracle-Gro Company
$74.1157.16K
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2 Buy
4 Hold
0 Sell
Moderate Buy
$4.22B-107.143.58%Basic Materials
JAZZ
Jazz Pharmaceuticals
$123.90167.55K
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14 Buy
3 Hold
0 Sell
Strong Buy
$7.30B17.39Healthcare
CURLF
Curaleaf Holdings
$1.60406.26K
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3 Buy
2 Hold
0 Sell
Moderate Buy
$1.28B-6.20Healthcare
GTBIF
Green Thumb Industries
$7.9691.71K
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3 Buy
0 Hold
0 Sell
Strong Buy
$1.89B30.19Healthcare
TCNNF
Trulieve Cannabis
$4.71245.95K
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3 Buy
1 Hold
0 Sell
Strong Buy
$902.62M-6.47Healthcare
HEXO
HEXO
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Performance Comparison

Ticker
Company Name
Price
$ Change
% Change
CGC
Canopy Growth
3.28
-3.57
-52.12%
MO
Altria Group
54.69
16.76
44.19%
ABBV
AbbVie
174.37
26.53
17.95%
SMG
Scotts Miracle-Gro Company
73.55
18.65
33.97%
JAZZ
Jazz Pharmaceuticals
120.72
-1.70
-1.39%
HEXO
CURLF
Curaleaf Holdings
1.69
-1.85
-52.26%
GTBIF
Green Thumb Industries
8.00
-1.96
-19.68%
TCNNF
Trulieve Cannabis
4.83
-0.07
-1.43%
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
Buy
Upgraded
Scotts Miracle-Gro Company
Hold
Initiated
Green Thumb Industries
Buy
Reiterated
Curaleaf Holdings
Buy
Reiterated
Canopy Growth
Sell
Reiterated
Trulieve Cannabis
Buy
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
Nov 08, 2024
Sep 01, 2024
-0.35 / -1.04
-1.848
Altria Group
Oct 31, 2024
Sep 01, 2024
1.35 / 1.38
1.18
AbbVie
Oct 30, 2024
Sep 01, 2024
2.92 / 3.00
2.79
Scotts Miracle-Gro Company
Nov 06, 2024
Sep 01, 2024
-1.96 / -2.31
-1.45
Jazz Pharmaceuticals
Nov 06, 2024
Sep 01, 2024
5.50 / 6.61
5.02
Curaleaf Holdings
Nov 06, 2024
Sep 01, 2024
-0.06 / -0.07
-0.056
Green Thumb Industries
Nov 07, 2024
Sep 01, 2024
0.07 / 0.04
0.007
Trulieve Cannabis
Nov 05, 2024
Sep 01, 2024
-0.11 / -0.32
-0.127
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 17 analyst ratings, 14 Buy, 3 Hold, and 0 Sell.
    Green Thumb Industries - Strong Buy, based on 3 analyst ratings, 3 Buy, 0 Hold, and 0 Sell.
      Trulieve Cannabis - Strong Buy, based on 4 analyst ratings, 3 Buy, 1 Hold, and 0 Sell.
        Are Cannabis stocks overpriced?
        Canopy Growth's stock price is currently $3.20, and its average 12-month price target is $3.53.
          Altria Group's stock price is currently $54.64, and its average 12-month price target is $54.00.
            AbbVie's stock price is currently $174.30, and its average 12-month price target is $202.06.
              Scotts Miracle-Gro Company's stock price is currently $74.11, and its average 12-month price target is $78.40.
                Jazz Pharmaceuticals's stock price is currently $123.90, and its average 12-month price target is $178.82.
                  Curaleaf Holdings's stock price is currently $1.60, and its average 12-month price target is $3.97.
                    Green Thumb Industries's stock price is currently $7.96, and its average 12-month price target is $16.28.
                      Trulieve Cannabis's stock price is currently $4.71, and its average 12-month price target is $19.57.
                        '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 currently pays a dividend of $1.64 which represents an annual dividend yield of 3.53%. AbbVie's next Ex-dividend date is January 15, 2025 and its next payout date is February 14, 2025.
                                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.