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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 or ETFs

Comparison Results

Name
Price
Price Change
Volume
Market Cap
Analyst Price Target
Analyst Consensus
Smart Score
Article
Follow
CGC
Canopy Growth
$10.85
$0.15
(1.36%)
14.32M$816.24M
0 Buy
2 Hold
1 Sell
Moderate Sell
MO
Altria Group
$46.08
$0.13
(0.28%)
9.24M$79.15B
3 Buy
3 Hold
2 Sell
Hold
ABBV
AbbVie
$166.42
$2.07
(1.26%)
5.15M$293.88B
13 Buy
2 Hold
0 Sell
Strong Buy
JAZZ
Jazz Pharmaceuticals
$108.99
$1.5
(1.36%)
574.13K$6.87B
12 Buy
3 Hold
0 Sell
Strong Buy
CURLF
Curaleaf Holdings
$5.59
$0.08
(1.41%)
896.32K$4.12B
6 Buy
1 Hold
0 Sell
Strong Buy
GTBIF
Green Thumb Industries
$13.00
$0.12
(0.91%)
363.97K$3.07B
10 Buy
0 Hold
0 Sell
Strong Buy
SMG
Scotts Miracle-Gro Company
$68.19
$1.05
(1.52%)
535.06K$3.87B
2 Buy
4 Hold
0 Sell
Moderate Buy
TCNNF
Trulieve Cannabis
$12.25
$0.23
(1.84%)
371.06K$2.28B
8 Buy
0 Hold
0 Sell
Strong Buy
HEXO
HEXO

Performance Comparison

Ticker
Company Name
Price
$ Change
% Change
CGC
Canopy Growth
10.85
0.35
3.33%
MO
Altria Group
46.08
4.82
11.68%
ABBV
AbbVie
166.42
28.58
20.73%
SMG
Scotts Miracle-Gro Company
68.19
1.56
2.34%
JAZZ
Jazz Pharmaceuticals
108.99
-22.76
-17.28%
HEXO
0.71
-0.69
-49.29%
CURLF
Curaleaf Holdings
5.59
2.71
94.10%
GTBIF
Green Thumb Industries
13.00
5.62
76.15%
TCNNF
Trulieve Cannabis
12.25
7.90
181.61%
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
Altria Group
Sell
Reiterated
Canopy Growth
Sell
Reiterated
Green Thumb Industries
Buy
Reiterated
Curaleaf Holdings
Buy
Reiterated
Trulieve Cannabis
Buy
Reiterated
Scotts Miracle-Gro Company
Hold
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
Feb 09, 2024
Dec 01, 2023
-0.37 / -1.92
-9.395
Altria Group
Apr 25, 2024
Mar 01, 2024
1.15 / 1.15
1.31
AbbVie
Apr 26, 2024
Mar 01, 2024
2.26 / 2.31
2.91
Jazz Pharmaceuticals
May 01, 2024
Mar 01, 2024
4.18 / 2.68
4.51
Curaleaf Holdings
May 09, 2024
Mar 01, 2024
-0.06 / -0.07
-0.066
Green Thumb Industries
May 08, 2024
Mar 01, 2024
0.05 / 0.13
0.037
Scotts Miracle-Gro Company
May 01, 2024
Mar 01, 2024
3.44 / 3.69
1.17
Trulieve Cannabis
May 09, 2024
Mar 01, 2024
-0.10 / -0.12
-1.573
HEXO
- / -

Cannabis Stocks - FAQ

Which Cannabis stocks have a "Strong Buy" analyst rating?
These Cannabis stocks currently have a "Strong Buy" analyst rating consensus:
AbbVie - Strong Buy, based on 15 analyst ratings, 13 Buy, 2 Hold, and 0 Sell.
    Jazz Pharmaceuticals - Strong Buy, based on 15 analyst ratings, 12 Buy, 3 Hold, and 0 Sell.
      Curaleaf Holdings - Strong Buy, based on 7 analyst ratings, 6 Buy, 1 Hold, and 0 Sell.
        Green Thumb Industries - Strong Buy, based on 10 analyst ratings, 10 Buy, 0 Hold, and 0 Sell.
          Trulieve Cannabis - Strong Buy, based on 8 analyst ratings, 8 Buy, 0 Hold, and 0 Sell.
            Are Cannabis stocks overpriced?
            Canopy Growth's stock price is currently $10.85, and its average 12-month price target is $4.82.
              Altria Group's stock price is currently $46.08, and its average 12-month price target is $43.75.
                AbbVie's stock price is currently $166.42, and its average 12-month price target is $186.14.
                  Jazz Pharmaceuticals's stock price is currently $108.99, and its average 12-month price target is $187.07.
                    Curaleaf Holdings's stock price is currently $5.59, and its average 12-month price target is $7.91.
                      Green Thumb Industries's stock price is currently $13.00, and its average 12-month price target is $19.54.
                        Scotts Miracle-Gro Company's stock price is currently $68.19, and its average 12-month price target is $76.40.
                          Trulieve Cannabis's stock price is currently $12.25, and its average 12-month price target is $17.47.
                            '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 currently pays a dividend of $0.98 which represents an annual dividend yield of 8.42%. Altria Group's next Ex-dividend date is June 14, 2024 and its next payout date is July 10, 2024.
                                  AbbVie 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.
                                          Scotts Miracle-Gro Company currently pays a dividend of $0.66 which represents an annual dividend yield of 3.87%. Scotts Miracle-Gro Company's next Ex-dividend date is May 23, 2024 and its next payout date is June 7, 2024.
                                            Trulieve Cannabis does not currently pay dividends.
                                              does not currently pay dividends.

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                                                Cannabis Stock Events

                                                Stock
                                                Type
                                                Date
                                                Scotts Miracle-Gro Company
                                                Ex-Dividend DateMay 23, 2024
                                                Canopy Growth
                                                Earnings ReleaseMay 30, 2024
                                                HEXO
                                                Earnings ReleaseJun 12, 2024
                                                Altria Group
                                                Ex-Dividend DateJun 14, 2024
                                                AbbVie
                                                Earnings ReleaseJul 26, 2024

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