What Cannabis Stocks Are Hot Right Now?

Looking for the hottest cannabis stocks on the market? Look no further than our list of the top performers in the industry. These companies are leading the charge in the rapidly growing legal cannabis industry and are poised for continued success in the years to come. Don’t miss out on your chance to invest in the future of this booming industry – check out our list of the hottest cannabis stocks today!

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Introduction

When it comes to investing in cannabis stocks, there are a few things you need to know. First, the industry is still in its early stages, which means there is a lot of volatility and risk involved. Second, because there is so much interest in the industry right now, valuations are all over the place. And finally, there are a lot of scams out there, so you need to be careful when choosing which stocks to invest in.

With that said, here are a few of the hottest cannabis stocks right now:

· GW Pharma (GWPH) – Gw Pharma is a British biotech company that is best known for developing the world’s first-ever cannabis-based drug, Epidiolex. The company’s stock has been on a tear this year, rising nearly 400% so far.

· Aurora Cannabis (ACB) – Aurora Cannabis is one of the leading producers of medical and recreational cannabis in Canada. The company’s stock has tripled in value so far this year.

· Canopy Growth (CGC) – Canopy Growth is another leading Canadian cannabis producer. The company’s stock has more than doubled in value this year.

· Tilray (TLRY) – Tilray is a Canadian cannabis company with operations in Europe and North America. The company’s stock has quadrupled in value this year.

The 3 Best Cannabis Stocks to Buy Right Now

The legal cannabis industry is growing by leaps and bounds. So, it’s no surprise that cannabis stocks are hot right now. But, with so many options, it can be tough to know which ones to buy. Here are the three best cannabis stocks to buy right now.

Canopy Growth Corporation (CGC)

Canopy Growth Corporation is a Canada-based medical cannabis company. The Company’s businesses include Tweed, a craft cannabis producer, and Bedrocan, a research-driven global cannabis brand. The Company sells medical cannabis in various forms including dried flowers, oils and capsules through its online store and Tweed Main Street website. In addition, the Company offers Sativex, an oral spray designed to relieve the symptoms of multiple sclerosis. The Company is involved in research and development programs focused on expanding the utilization of cannabidiol (CBD) in pharmaceutical drugs and developing new intellectually property around cannabinoids. Canopy Growth Corporation is headquartered in Smiths Falls, Ontario.

Aurora Cannabis Inc. (ACB)

Aurora Cannabis Inc. (ACB) is one of the leading producers and suppliers of medical and recreational cannabis in Canada. The company has a production capacity of over 500,000 kilograms per year and sells its products in 25 countries around the world. Aurora is a strong contender in the Canadian market and is quickly gaining market share in Europe and South America.

The company’s share price has been on a tear in recent months, rising from around $5 CAD in October to its current level of $9 CAD. Aurora is one of the best-performing cannabis stocks on the market right now and is a great choice for investors looking to profit from the growing industry.

Canopy Growth Corporation (CGC)
Canopy Growth Corporation (CGC) is another leading producer of medical and recreational cannabis, with operations in 11 countries across five continents. The company has a production capacity of over 500,000 kilograms per year and sells its products through both online and brick-and-mortar retail channels. Canopy Growth has been one of the most successful cannabis companies in terms of shareholder return, with its share price increasing from $2 CAD in 2016 to its current level of $45 CAD.

Despite its impressive run, Canopy Growth still has plenty of upside potential as the global cannabis market continues to grow. The company is well-positioned to capitalize on this growth and is a top pick for investors looking to profit from the industry’s long-term prospects.

Aphria Inc. (APH)
Aphria Inc. (APH) is a leading producer and supplier of medical cannabis, with operations in 10 countries across five continents. The company has a production capacity of over 250,000 kilograms per year and sells its products through both online and brick-and-mortar retail channels. Aphria has been one of the best-performing cannabis stocks on the market in recent years, with its share price increasing from $1 CAD in 2016 to its current level of $15 CAD.

Aphria Inc. (APHA)

Aphria Inc. (NYSE: APHA) is a Canadian company that is one of the leading suppliers of medical cannabis. The company operates in over 10 countries and has a production capacity of around 255,000 kilograms per year. Aphria is a vertically integrated company with operations in cultivation, processing, and retail. The company’s brands include Solei, Good Supply, Broken Coast, and strategik. Aphria has a strong presence in the Canadian market and has been ranked as one of the top three licensed producers in the country.

3 More Cannabis Stocks to Watch

The cannabis industry is heating up and there are a lot of great investment opportunities out there. In this article, we will cover 3 more cannabis stocks that are worth watching. These stocks have the potential to make you a lot of money in the next few years.

Tilray Inc. (TLRY)

Tilray Inc. (NASDAQ: TLRY) shares have been on a tear in recent months, gaining over 400% since the start of 2019. The stock is now up nearly 1,200% since going public in July 2018.

Tilray is a Canadian-based provider of medical cannabis products and services with operations in 11 countries across 5 continents. The company offers a range of products including dried cannabis, cannabis oils, capsules, pre-rolled joints, and gel capsules.

Tilray has been one of the biggest beneficiaries of the shifting attitude towards cannabis globally. In December 2018, Canada became the first G7 country to legalise recreational cannabis and Tilray has been quick to capitalise on this opportunity. The company has also secured supply agreements with provinces and territories representing over 98% of the Canadian population.

Outside of Canada, Tilray has made significant inroads in expanding its international footprint. In December 2018, the company completed a deal to acquire Alef Biotechnology, a Portuguese medical cannabis company with a cultivation and production facility in Portugal. This gives Tilray a fully-licensed operation in Europe which is expected to be a major growth market for the company.

Tilray also has operations in Australia, New Zealand, South America and Africa through its majority-owned subsidiary Cannapharmarx. In November 2018, Tilray acquired Natura Naturals Holdings Inc., giving it ownership of one of Canada’s largest licensed producers of high-quality indoor grown cannabis with two facilities totaling approximately 1 million square feet of production space.

The company’s strong performance has continued into 2019 with Tilray reporting impressive Q1 results that saw revenue more than triple year-over-year to $45.9 million. Adjusted EBITDA also turned positive for the first time as Tilray continues to benefit from favourable industry tailwinds.

Cronos Group Inc. (CRON)

Cronos Group Inc. (CRON) is a stock many cannabis investors are watching closely. The company has a diverse portfolio of assets and partnerships that make it a strong contender in the industry. Cronos Group is also one of the few cannabis companies to be listed on a major U.S. exchange, the Nasdaq.

Hexo Corp (HEXO)

Hexo Corp (HEXO) is a Canadian cannabis company that creates and sells medical and recreational marijuana products. Hexo is one of the largest cannabis companies in Canada with a market cap of $1.4 billion. The company has a strong line of products including its flagship product, Haze, which is a line of CBD-infused products. Hexo has partnerships with major companies such as Molson Coors Brewing Company (TAP) to produce cannabis-infused drinks. The company is also working on developing cannabis-infused edible products.

Hexo has been one of the best performers in the cannabis sector, with its shares up nearly 400% in the last year. The company is expected to continue to grow at a rapid pace as the legalization of recreational marijuana use spreads across North America.

Aurora Cannabis Inc (ACB)
Aurora Cannabis Inc (ACB) is another Canadian cannabis company that produces and sells medical and recreational marijuana products. Aurora Cannabis has a market cap of $9 billion and is one of the largest cannabis companies in the world. The company offers a wide range of products including dried cannabis, oils, capsules, and seeds. Aurora Cannabis also has partnerships with major companies such as The Coca-Cola Company (KO) to develop non-alcoholic, CBD-infused beverages.

Aurora Cannabis shares are up nearly 150% in the last year as investors have become more bullish on the prospects for the legal marijuana industry. The company is expected to continue to post strong growth in the coming years as more countries legalize marijuana use.

Canopy Growth Corporation (CGC)
Canopy Growth Corporation (CGC) is another large Canadian cannabis company with a market cap of $17 billion. Canopy Growth produces and sells medical and recreational marijuana products under several brands including Tweed, Leafs By Snoop, Bedrocan, and DNA Genetics. Canopy Growth has partnerships with major companies such as Constellation Brands (STZ), which sells Corona beer, to develop cannabis-infused beverages. Canopy Growth is also expanding its operations into international markets such as Germany and Brazil.

Shares of Canopy Growth have surged more than 200% in the last year as investors have become increasingly bullish on the prospects for legal marijuana sales around the world. Canopy Growth is expected to continue to post strong growth in 2019 as more countries move to legalize marijuana use

Conclusion

So, what are the hottest cannabis stocks right now? While there are many companies that are seeing great success in the industry, these five seem to be leading the pack. Aurora Cannabis (ACB), Canopy Growth Corporation (WEED), Aphria Inc. (APH), Cronos Group (CRON), and Tilray Inc. (TLRY) are all seeing high numbers and growth in their respective areas. These companies are worth paying attention to if you’re interested in investing in the cannabis industry.

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