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Cannabis Stocks To Keep An Eye On - October 18th

Tilray Brands logo with Medical background

Key Points

  • Tilray Brands, Akanda, and Canopy Growth are identified as the top cannabis stocks to watch, showing the highest trading volume recently.
  • Cannabis stocks carry risks such as regulatory challenges and market volatility, despite offering investment opportunities in the growing legal cannabis industry.
  • Canopy Growth Corporation conducts business in producing and selling cannabis products globally, emphasizing its extensive international footprint.
  • MarketBeat previews top five stocks to own in November.

Tilray Brands, Akanda, and Canopy Growth are the three Cannabis stocks to watch today, according to MarketBeat's stock screener tool. Cannabis stocks are shares of publicly traded companies whose business is tied to the cannabis plant — including cultivation, processing, retail, hemp/CBD products, and ancillary services like testing, equipment, or biotech research. For investors, these stocks offer exposure to the legal cannabis industry's growth potential but also carry elevated regulatory, legal, and market-volatility risks due to shifting laws, banking constraints, and evolving consumer demand. 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

Featured Articles

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

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

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