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
Analyst Price Target
Analyst Consensus
Volume
Market Cap
Smart Score
Article
Follow
Canopy Growth
$0.78
$0.042
(-5.1%)
Pre
1.05%
$1.00
(27.71% Upside)
0 Buy
2 Hold
2 Sell
Moderate Sell
6.23M$564.18M
premium
Altria Group
$44.64
$0.69
(-1.52%)
Pre
0.16%
$48.33
(8.27% Upside)
4 Buy
4 Hold
1 Sell
Moderate Buy
6.88M$80.92B
premium
AbbVie
$136.86
$0.01
(->0.01%)
Pre
0.05%
$165.88
(21.20% Upside)
4 Buy
6 Hold
0 Sell
Moderate Buy
4.28M$241.48B
premium
Scotts Miracle-Gro Company
$63.85
$2.89
(-4.33%)
$76.29
(19.48% Upside)
4 Buy
3 Hold
0 Sell
Moderate Buy
554.43K$3.74B
premium
Jazz Pharmaceuticals
$129.73
$1.39
(1.08%)
$205.71
(58.57% Upside)
8 Buy
1 Hold
0 Sell
Strong Buy
520.77K$8.21B
premium
HEXO
$0.92
$0.08
(-7.99%)
Pre
3.27%
$1.15
(24.99% Upside)
0 Buy
2 Hold
0 Sell
Hold
474.04K$59.87M
premium
Curaleaf Holdings
$2.70
$0.135
(-4.76%)
$8.27
(206.30% Upside)
7 Buy
1 Hold
0 Sell
Strong Buy
213.51K$2.76B
premium
Green Thumb Industries
$7.48
$0.03
(0.4%)
$17.98
(140.37% Upside)
5 Buy
0 Hold
0 Sell
Strong Buy
158.73K$2.36B
premium
Trulieve Cannabis
$4.00
$0.13
(3.36%)
$14.54
(263.50% Upside)
7 Buy
1 Hold
0 Sell
Strong Buy
369.49K$967.14M
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
Jazz Pharmaceuticals
premium
premium
Buy
premium
premium
Reiterated
Altria Group
premium
premium
Hold
premium
premium
Reiterated
AbbVie
premium
premium
Hold
premium
premium
Assigned
Canopy Growth
premium
premium
Sell
premium
premium
Reiterated
Curaleaf Holdings
premium
premium
Buy
premium
premium
Reiterated
Scotts Miracle-Gro Company
premium
premium
Hold
premium
premium
Reiterated
Green Thumb Industries
premium
premium
Buy
premium
premium
Assigned
Trulieve Cannabis
premium
premium
Buy
premium
premium
Reiterated
HEXO
premium
premium
Hold
premium
premium
Reiterated
Jazz Pharmaceuticals
premium
premium
Buy
premium
premium
Reiterated

Most Recent Earnings of Cannabis Stocks

Report Date
Time Of Day
Period Ending
Forecast / EPS
Last Year's EPS
Canopy Growth
May 30, 2023
Mar 01, 2023
-0.15 / -0.15
-1.087
Altria Group
Apr 27, 2023
Mar 01, 2023
1.18 / 1.18
1.12
AbbVie
Apr 27, 2023
Mar 01, 2023
2.51 / 2.46
3.16
Scotts Miracle-Gro Company
May 03, 2023
Mar 01, 2023
3.46 / 3.78
5.03
Jazz Pharmaceuticals
May 10, 2023
Mar 01, 2023
4.24 / 3.95
3.73
HEXO
Mar 16, 2023
Jan 01, 2023
-0.16 / -0.19
-20.228
Curaleaf Holdings
May 17, 2023
- / -
-0.022
Green Thumb Industries
May 03, 2023
Mar 01, 2023
0.04 / 0.04
0.12
Trulieve Cannabis
May 10, 2023
Mar 01, 2023
-0.16 / -0.34
-0.17

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 9 analyst ratings, 8 Buy, 1 Hold, and 0 Sell.
    Curaleaf Holdings - Strong Buy, based on 8 analyst ratings, 7 Buy, 1 Hold, and 0 Sell.
      Green Thumb Industries - Strong Buy, based on 5 analyst ratings, 5 Buy, 0 Hold, and 0 Sell.
        Trulieve Cannabis - Strong Buy, based on 8 analyst ratings, 7 Buy, 1 Hold, and 0 Sell.
          Are Cannabis stocks overpriced?
          Canopy Growth's stock price is currently $0.78, and its average 12-month price target is $1.00.
            Altria Group's stock price is currently $44.64, and its average 12-month price target is $48.33.
              AbbVie's stock price is currently $136.86, and its average 12-month price target is $165.88.
                Scotts Miracle-Gro Company's stock price is currently $63.85, and its average 12-month price target is $76.29.
                  Jazz Pharmaceuticals's stock price is currently $129.73, and its average 12-month price target is $205.71.
                    HEXO's stock price is currently $0.92, and its average 12-month price target is $1.15.
                      Curaleaf Holdings's stock price is currently $2.70, and its average 12-month price target is $8.27.
                        Green Thumb Industries's stock price is currently $7.48, and its average 12-month price target is $17.98.
                          Trulieve Cannabis's stock price is currently $4.00, and its average 12-month price target is $14.54.
                            Which Cannabis stocks pay dividends?
                            Canopy Growth does not currently pay dividends.
                              Altria Group currently pays a dividend of $0.94 which represents an annual dividend yield of 8.21%. Altria Group's next Ex-dividend date is June 14, 2023 and its next payout date is July 10, 2023.
                                AbbVie does not currently pay dividends.
                                  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 ReleaseJun 14, 2023
                                              Altria Group
                                              Ex-Dividend DateJun 14, 2023
                                              AbbVie
                                              Earnings ReleaseJul 28, 2023
                                              Altria Group
                                              Earnings ReleaseAug 01, 2023
                                              Scotts Miracle-Gro Company
                                              Earnings ReleaseAug 02, 2023

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