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Best Cannabis Stocks To Keep An Eye On - December 31st

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

Key Points

  • MarketBeat's screener flags seven cannabis stocks to watch: Tilray (TLRY), Canopy Growth (CGC), Aurora Cannabis (ACB), SNDL (SNDL), WM Technology/Weedmaps (MAPS), Cronos Group (CRON), and Agrify (AGFY), which recently had the highest dollar trading volume among cannabis names.
  • The sector offers exposure to potential legalization-driven growth but carries elevated regulatory, legal and market-volatility risks, including shifting laws, banking restrictions, and many companies' early-stage business models; a 2026 tax-reform wildcard could also reset valuations.
  • Names span growers and product makers as well as ancillary businesses — for example, WM Technology provides marketplace/compliance software while Agrify supplies cultivation hardware and SaaS — showing different ways to play the industry.
  • MarketBeat previews top five stocks to own in May.

Tilray Brands, Canopy Growth, Aurora Cannabis, SNDL, WM Technology, Cronos Group, and Agrify are the seven Cannabis stocks to watch today, according to MarketBeat's stock screener tool. Cannabis stocks are shares of publicly traded companies that derive significant revenue from the cannabis industry—this includes growers, processors, retailers, biotech firms developing cannabinoid products, and ancillary businesses supplying equipment, software, or testing services. For investors, they offer exposure to the potential growth of legal cannabis markets but typically come with elevated regulatory, legal and market-volatility risks due to shifting laws, banking restrictions, and many companies’ early-stage business models. 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

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

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

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

WM Technology (MAPS)

WM Technology, Inc. provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally. The company offers Weedmaps marketplace that allows cannabis users to search for and browse cannabis products from retailers and brands, and reserve products from local retailers; and education and learning information to help newer consumers learn about the types of products to purchase.

Read Our Latest Research Report on MAPS

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

Agrify (AGFY)

Agrify Corporation offers hardware and software cultivation and extraction solutions for the cannabis and hemp industry in the United States. It offers vertical farming units and Agrify Insights Software-as-a-Service software; integrated grow racks and LED grow lights; and non-proprietary products designed, engineered, and manufactured by third parties, such as air cleaning systems and pesticide-free surface protection products.

Read Our Latest Research Report on AGFY

Further Reading

Should You Invest $1,000 in Tilray Brands Right Now?

Before you consider Tilray Brands, you'll want to hear this.

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While Tilray Brands currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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