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Cannabis Stocks To Follow Today - August 19th

Tilray Brands logo with Medical background

Key Points

  • Tilray Brands, Canopy Growth, Indivior, Turning Point Brands, and Aurora Cannabis are highlighted as key cannabis stocks to monitor today due to their high trading volumes.
  • Tilray recently experienced a 55% rally in stock price this month, attracting investor interest.
  • Canopy Growth is noted for its extensive operations across multiple segments including recreational and medical cannabis products, primarily in North America and Europe.
  • Want stock alerts on Tilray Brands? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Tilray Brands, Canopy Growth, Indivior, Turning Point Brands, and Aurora Cannabis are the five Cannabis stocks to watch today, according to MarketBeat's stock screener tool. Cannabis stocks are publicly traded shares of companies involved in the cultivation, production, distribution or support services for cannabis and related hemp-derived products. They offer investors exposure to medical and recreational marijuana markets, CBD and hemp derivatives, and ancillary industries like biotech, retail or equipment manufacturing, often with higher volatility due to evolving regulations and market dynamics. 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

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

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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