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Best Cannabis Stocks To Watch Now - September 16th

Tilray Brands logo with Medical background

Key Points

  • Tilray Brands, Canopy Growth, Indivior, Turning Point Brands, and High Tide are currently the top cannabis stocks to watch, reflecting the high dollar trading volume in this rapidly evolving sector.
  • Cannabis stocks are characterized by heightened volatility and risk due to varying regulations across jurisdictions, offering both challenges and growth opportunities for investors.
  • Tilray, Inc. and Canopy Growth Corporation are notable companies in the cannabis space, with focuses on research and production of medical cannabis and consumer cannabis products, respectively.
  • MarketBeat previews top five stocks to own in October.

Tilray Brands, Canopy Growth, Indivior, Turning Point Brands, and High Tide are the five Cannabis stocks to watch today, according to MarketBeat's stock screener tool. Cannabis stocks are shares of publicly traded companies whose primary business involves the cultivation, processing, distribution or ancillary services of cannabis and hemp products. Traded on major exchanges or over-the-counter markets, they give investors exposure to a rapidly evolving industry marked by shifting regulations, emerging markets and technological innovation. Because the legal and policy landscape varies widely by jurisdiction, these equities often exhibit higher volatility and risk alongside potential growth opportunities. 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

Indivior (INDV)

Indivior PLC, together with its subsidiaries, engages in the development, manufacture, and sale of buprenorphine-based prescription drugs for the treatment of opioid dependence and co-occurring disorders in the United States, the United Kingdom, and internationally. The company develops medicines to treat substance use disorders, serious mental illnesses, and opioid overdose.

Read Our Latest Research Report on INDV

Turning Point Brands (TPB)

Turning Point Brands, Inc., together with its subsidiaries, manufactures, markets, and distributes branded consumer products. The company operates through three segments: Zig-Zag Products, Stoker's Products, and Creative Distribution Solutions. Zig-Zag Products segment markets and distributes rolling papers, tubes, finished cigars, make-your-own cigar wraps, and related products, as well as lighters and other accessories under the Zig-Zag brand.

Read Our Latest Research Report on TPB

High Tide (HITI)

High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally. The company operates through Retail and Wholesale segments. It operates licensed retail cannabis stores; and provides data analytics services. In addition, the company manufactures and distributes consumption accessories.

Read Our Latest Research Report on HITI

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