Best Cannabis & Marijuana Stocks

Best cannabis & marijuana stocks for 2022. 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
Price Change
Analyst Price Target
Market Cap
Yearly Gain
Analyst Consensus
Smart Score
Follow
Canopy Growth
$3.44
▲ $0.035 (1.03%)
$2.61
(-24.02% Downside)
$1.66B-68.69%
0 Buy
3 Hold
3 Sell
Moderate Sell
premium
Altria Group
$45.52
▲ $0.37 (0.82%)
$45.86
(0.75% Upside)
$80.92B10.52%
2 Buy
3 Hold
2 Sell
Hold
premium
AbbVie
$157.57
▼ $0.86 (0.54%)
$156.09
(-0.94% Downside)
$280.18B40.81%
5 Buy
6 Hold
1 Sell
Moderate Buy
premium
Scotts Miracle-Gro Company
$53.49
▲ $0.01 (0.02%)
$53.14
(-0.65% Downside)
$2.96B-64.00%
2 Buy
5 Hold
0 Sell
Moderate Buy
premium
Jazz Pharmaceuticals
$155.10
▲ $1.14 (0.74%)
$195.40
(25.98% Upside)
$9.69B23.30%
9 Buy
1 Hold
0 Sell
Strong Buy
premium
HEXO
$0.16
▼ $0.005 (2.8%)
$98.22M-85.71%
premium
Curaleaf Holdings
$6.52
▼ $0.15 (2.25%)
$7.78
(19.33% Upside)
$4.74B-31.24%
8 Buy
1 Hold
0 Sell
Strong Buy
premium
Green Thumb Industries
$12.64
▼ $0.205 (1.6%)
$22.00
(73.98% Upside)
$3.04B-42.89%
8 Buy
0 Hold
0 Sell
Strong Buy
premium
Trulieve Cannabis
$12.65
▼ $0.336 (2.59%)
$29.37
(132.10% Upside)
$2.43B-55.33%
7 Buy
0 Hold
0 Sell
Strong Buy
premium

Performance Comparison

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 (OTC)
premium
premium
Buy
premium
premium
Initiated
Abbvie
premium
premium
Buy
premium
premium
Initiated
Jazz Pharmaceuticals
premium
premium
Hold
premium
premium
Reiterated
Trulieve Cannabis (OTC)
premium
premium
Buy
premium
premium
Reiterated
Altria
premium
premium
Sell
premium
premium
Downgraded
Scotts Miracle-Gro
premium
premium
Buy
premium
premium
Upgraded
Canopy Growth
premium
premium
Hold
premium
premium
Reiterated
Green Thumb Industries (OTC)
premium
premium
Buy
premium
premium
Reiterated
Hexo Corp (ASE)
premium
premium
Hold
premium
premium
Reiterated
Jazz Pharmaceuticals
premium
premium
Buy
premium
premium
Reiterated

Most Recent Earnings of Cannabis Stocks

SYMBOL
Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Canopy Growth
Nov 09, 2022
2023 (Q2)
-0.20 / -0.35
-0.022
-1466.67% (-0.33)
Altria Group
Oct 27, 2022
2022 (Q3)
1.30 / 1.28
1.22
4.92% (+0.06)
AbbVie
Oct 28, 2022
2022 (Q3)
3.57 / 3.66
3.33
9.91% (+0.33)
Scotts Miracle-Gro Company
Nov 02, 2022
2022 (Q4)
-1.99 / -2.04
-0.82
-148.78% (-1.22)
Jazz Pharmaceuticals
Nov 09, 2022
2022 (Q3)
4.66 / 5.17
4.2
23.10% (+0.97)
HEXO
Nov 01, 2022
2022 (Q4)
-0.01 / -0.14
-0.343
59.78% (+0.21)
Curaleaf Holdings
Nov 07, 2022
2022 (Q3)
-0.03 / -0.07
-0.08
12.50% (<+0.01)
Green Thumb Industries
Nov 02, 2022
2022 (Q3)
0.06 / 0.04
0.08
-50.00% (-0.04)
Trulieve Cannabis
Nov 09, 2022
2022 (Q3)
-0.04 / -0.61
0.14
-535.71% (-0.75)

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 10 analyst ratings, 9 Buy, 1 Hold, and 0 Sell.
    Curaleaf Holdings - Strong Buy, based on 9 analyst ratings, 8 Buy, 1 Hold, and 0 Sell.
      Green Thumb Industries - Strong Buy, based on 8 analyst ratings, 8 Buy, 0 Hold, and 0 Sell.
        Trulieve Cannabis - Strong Buy, based on 7 analyst ratings, 7 Buy, 0 Hold, and 0 Sell.
          Are Cannabis stocks overpriced?
          Canopy Growth's stock price is currently $3.44, and its average 12-month price target is $2.61.
            Altria Group's stock price is currently $45.52, and its average 12-month price target is $45.86.
              AbbVie's stock price is currently $157.57, and its average 12-month price target is $156.09.
                Scotts Miracle-Gro Company's stock price is currently $53.49, and its average 12-month price target is $53.14.
                  Jazz Pharmaceuticals's stock price is currently $155.10, and its average 12-month price target is $195.40.
                    HEXO's stock price is currently $0.16, and its average 12-month price target is N/A.
                      Curaleaf Holdings's stock price is currently $6.52, and its average 12-month price target is $7.78.
                        Green Thumb Industries's stock price is currently $12.65, and its average 12-month price target is $22.00.
                          Trulieve Cannabis's stock price is currently $12.65, and its average 12-month price target is $29.37.
                            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 $1.48 which represents an annual dividend yield of 3.53%. AbbVie's next Ex-dividend date is January 12, 2023 and its next payout date is February 15, 2023.
                                  Scotts Miracle-Gro Company does not currently pay dividends.
                                    Jazz Pharmaceuticals does not currently pay dividends.
                                      HEXO 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.

                                              Cannabis Stock Events

                                              Stock
                                              Type
                                              Date
                                              HEXO
                                              Earnings Release
                                              Dec 19, 2022
                                              AbbVie
                                              Ex-Dividend Date
                                              Jan 12, 2023
                                              AbbVie
                                              Earnings Release
                                              Jan 27, 2023
                                              Scotts Miracle-Gro Company
                                              Earnings Release
                                              Feb 01, 2023
                                              Altria Group
                                              Earnings Release
                                              Feb 02, 2023

                                              Popular Stocks

                                              Company
                                              Price & Change
                                              Follow
                                              Alibaba
                                              Apple
                                              Amazon
                                              Tesla
                                              Nio