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Best Cannabis Stocks To Follow Today - May 10th

Tilray Brands logo with Medical background
Image from MarketBeat Media, LLC.

Key Points

  • MarketBeat highlighted seven cannabis stocks to watch based on recent trading volume: Tilray Brands, Akanda, Canopy Growth, SNDL, Cronos Group, Aurora Cannabis, and Silver Spike Investment.
  • The list spans different parts of the cannabis market, including cultivation, distribution, retail, and specialty finance, showing that the sector includes both plant-focused operators and companies that fund cannabis businesses.
  • Several of the featured companies operate internationally, with exposure to markets such as Canada, the U.S., Germany, and other countries, underscoring the global reach of the legal cannabis industry.
  • MarketBeat previews top five stocks to own in June.

Tilray Brands, Akanda, Canopy Growth, SNDL, Cronos Group, Aurora Cannabis, and Silver Spike Investment are the seven Cannabis stocks to watch today, according to MarketBeat's stock screener tool. Cannabis stocks are shares of publicly traded companies involved in the legal cannabis industry, including businesses that grow, process, distribute, or sell marijuana and related products. For stock market investors, the term usually refers to these companies’ shares as investment opportunities that may rise or fall based on industry growth, regulation, and broader market conditions. These companies had the highest dollar trading volume of any Cannabis stocks within the last several days.

Tilray Brands (TLRY)

Tilray, Inc. engages in the research, cultivation, processing, and distribution of medical cannabis. The company offers its products in Argentina, Australia, Canada, Chile, Croatia, Cyprus, the Czech Republic, Germany, New Zealand, and South Africa. Tilray, Inc. is headquartered in Canada.

Read Our Latest Research Report on TLRY

Akanda (AKAN)

Read Our Latest Research Report on AKAN

Canopy Growth (CGC)

Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes primarily in the United States, Canada, Germany, and internationally. It operates through Canada Cannabis, International Markets Cannabis, and Storz & Bickel segments.

Read Our Latest Research Report on CGC

SNDL (SNDL)

SNDL Inc. engages in the production, distribution, and sale of cannabis products in Canada. The company operates through Liquor Retail, Cannabis Retail, Cannabis Operations, and Investments segments. It engages in the cultivation, distribution, and sale of cannabis for the adult-use and medical markets; sells wines, beers, and spirits through wholly owned liquor stores; and private sale of recreational cannabis through wholly owned and franchised retail cannabis stores.

Read Our Latest Research Report on SNDL

Cronos Group (CRON)

Cronos Group Inc. operates as a cannabinoid company that engages in the cultivation, production and marketing of cannabis products in Canada, Israel, and Germany. It offers dried flower, pre-rolls, oils, vaporizers, edibles, and cannabis tinctures under the Spinach, Lord Jones, and PEACE NATURALS brands.

Read Our Latest Research Report on CRON

Aurora Cannabis (ACB)

Aurora Cannabis Inc., together with its subsidiaries, produces, distributes, and sells cannabis and cannabis-derivative products in Canada and internationally. It operates through three segments: Canadian Cannabis, European Cannabis, and Plant Propagation. The company produces, distributes, and sells medical and consumer cannabis products in Canada.

Read Our Latest Research Report on ACB

Silver Spike Investment (SSIC)

Silver Spike Investment Corp., is a a business development company. It is a specialty finance company, focuses on investing across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. It intends to partner with private equity firms, entrepreneurs, business owners, and management teams to provide credit and equity financing alternatives to support buyouts, recapitalizations, growth initiatives, refinancings, and acquisitions across cannabis companies, including cannabis-enabling technology companies, cannabis-related health and wellness companies, and hemp and CBD distribution companies.

Read Our Latest Research Report on SSIC

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