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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
$5.52
▼ $0.35 (5.96%)
$5.55
(0.54% Upside)
$2.20B-75.66%
0Buy
1Hold
6Sell
Strong Sell
premium
Altria Group
$51.09
$0 (0%)
$55.67
(8.96% Upside)
$92.50B+9.07%
4Buy
8Hold
0Sell
Moderate Buy
premium
AbbVie
$151.01
▼ $0.71 (0.47%)
$164.41
(8.87% Upside)
$266.85B+35.86%
11Buy
6Hold
0Sell
Moderate Buy
premium
Scotts Miracle-Gro Company
$91.01
▼ $0.35 (0.38%)
$138.13
(51.77% Upside)
$5.04B-57.79%
6Buy
2Hold
0Sell
Strong Buy
premium
Jazz Pharmaceuticals
$148.53
▼ $1 (0.67%)
$201.58
(35.72% Upside)
$9.26B-17.00%
10Buy
2Hold
0Sell
Strong Buy
premium
HEXO
$0.28
▼ $0.015 (5.11%)
$0.63
(124.52% Upside)
$128.56M-95.18%
1Buy
2Hold
1Sell
Hold
premium
Curaleaf Holdings
$6.26
▲ $0.43 (7.38%)
$13.12
(109.58% Upside)
$4.44B-56.38%
10Buy
1Hold
0Sell
Strong Buy
premium
Green Thumb Industries
$13.00
▲ $0.83 (6.82%)
$35.73
(174.85% Upside)
$3.06B-54.51%
11Buy
0Hold
0Sell
Strong Buy
premium
Trulieve Cannabis
$15.16
▲ $0.41 (2.78%)
$45.89
(202.70% Upside)
$2.79B-61.53%
9Buy
0Hold
0Sell
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
Abbvie
premium
premium
Hold
premium
premium
Reiterated
Canopy Growth
premium
premium
Hold
premium
premium
Reiterated
Altria
premium
premium
Buy
premium
premium
Reiterated
Trulieve Cannabis (OTC)
premium
premium
Buy
premium
premium
Reiterated
Curaleaf Holdings (OTC)
premium
premium
Buy
premium
premium
Reiterated
Jazz Pharmaceuticals
premium
premium
Buy
premium
premium
Reiterated
Scotts Miracle-Gro
premium
premium
Buy
premium
premium
Reiterated
Green Thumb Industries (OTC)
premium
premium
Buy
premium
premium
Reiterated
Hexo Corp (ASE)
premium
premium
Hold
premium
premium
Reiterated
Canopy Growth
premium
premium
Sell
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
Feb 09, 2022
2022 (Q3)
-0.22 / -0.22
-1.893
88.48% (+1.67)
Altria Group
Apr 28, 2022
2022 (Q1)
1.09 / 1.12
1.07
4.67% (+0.05)
AbbVie
Apr 29, 2022
2022 (Q1)
3.14 / 3.16
2.95
7.12% (+0.21)
Scotts Miracle-Gro Company
May 03, 2022
2022 (Q2)
4.75 / 5.03
5.64
-10.82% (-0.61)
Jazz Pharmaceuticals
May 04, 2022
2022 (Q1)
3.84 / 3.73
3.92
-4.85% (-0.19)
HEXO
Mar 18, 2022
2022 (Q2)
-0.05 / -1.51
-0.132
-1041.18% (-1.38)
Curaleaf Holdings
May 09, 2022
2022 (Q1)
-0.03 / -0.03
-0.03
0.00% (0.00)
Green Thumb Industries
May 04, 2022
2022 (Q1)
0.06 / 0.12
0.05
140.00% (+0.07)
Trulieve Cannabis
May 12, 2022
2022 (Q1)
0.03 / 0.01
0.24
-95.83% (-0.23)

Cannabis Stocks - FAQ

Which Cannabis stocks have a "Strong Buy" analyst rating?
These Cannabis stocks currently have a "Strong Buy" analyst rating consensus:
Scotts Miracle-Gro Company - Strong Buy, based on 8 analyst ratings, 6 Buy, 2 Hold, and 0 Sell.
    Jazz Pharmaceuticals - Strong Buy, based on 12 analyst ratings, 10 Buy, 2 Hold, and 0 Sell.
      Curaleaf Holdings - Strong Buy, based on 11 analyst ratings, 10 Buy, 1 Hold, and 0 Sell.
        Green Thumb Industries - Strong Buy, based on 11 analyst ratings, 11 Buy, 0 Hold, and 0 Sell.
          Trulieve Cannabis - Strong Buy, based on 9 analyst ratings, 9 Buy, 0 Hold, and 0 Sell.
            Are Cannabis stocks overpriced?
            Canopy Growth's stock price is currently $5.52, and its average 12-month price target is $5.55.
              Altria Group's stock price is currently $51.09, and its average 12-month price target is $55.67.
                AbbVie's stock price is currently $151.01, and its average 12-month price target is $164.41.
                  Scotts Miracle-Gro Company's stock price is currently $91.01, and its average 12-month price target is $138.13.
                    Jazz Pharmaceuticals's stock price is currently $148.53, and its average 12-month price target is $201.58.
                      HEXO's stock price is currently $0.28, and its average 12-month price target is $0.63.
                        Curaleaf Holdings's stock price is currently $6.26, and its average 12-month price target is $13.12.
                          Green Thumb Industries's stock price is currently $13.00, and its average 12-month price target is $35.73.
                            Trulieve Cannabis's stock price is currently $15.16, and its average 12-month price target is $45.89.
                              Which Cannabis stocks pay dividends?
                              Canopy Growth does not currently pay dividends.
                                Altria Group currently pays a dividend of $0.90 which represents an annual dividend yield of 7.04%. Altria Group's next Ex-dividend date is June 14, 2022 and its next payout date is July 11, 2022.
                                  AbbVie does not currently pay dividends.
                                    Scotts Miracle-Gro Company currently pays a dividend of $0.66 which represents an annual dividend yield of 2.90%. Scotts Miracle-Gro Company's next Ex-dividend date is May 26, 2022 and its next payout date is June 10, 2022.
                                      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
                                                Scotts Miracle-Gro Company
                                                Ex-Dividend Date
                                                May 26, 2022
                                                Canopy Growth
                                                Earnings Release
                                                May 27, 2022
                                                Altria Group
                                                Ex-Dividend Date
                                                Jun 14, 2022
                                                HEXO
                                                Earnings Release
                                                Jun 15, 2022
                                                Altria Group
                                                Earnings Release
                                                Jul 28, 2022

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