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Cannabis Stocks To Watch Today - October 16th

Tilray Brands logo with Medical background

Key Points

  • Tilray Brands, Canopy Growth, and SNDL are the top cannabis stocks to watch today, recognized for their high trading volume within the cannabis industry.
  • Tilray Brands operates in the medical cannabis sector, distributing products across multiple countries including Canada, Germany, and Australia.
  • Canopy Growth is involved in the production and sale of cannabis products in the U.S. and internationally, while SNDL focuses on cannabis and liquor retail in Canada.
  • Five stocks to consider instead of Tilray Brands.

Tilray Brands, Canopy Growth, and SNDL are the three Cannabis stocks to watch today, according to MarketBeat's stock screener tool. Cannabis stocks are publicly traded shares of companies directly or indirectly involved in the cannabis industry—such as growers, processors, retailers, hemp/CBD producers, biotech firms developing cannabinoid-based therapies, and ancillary service providers. For investors, these stocks carry exposure to the industry’s growth potential but also elevated regulatory, legal and market volatility risks tied to changing legalization, banking access and supply-chain 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

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

Featured Stories

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

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