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Cannabis Stocks Worth Watching - September 26th

Tilray Brands logo with Medical background

Key Points

  • Tilray Brands, Canopy Growth, SNDL, Aurora Cannabis, and Quantum Biopharma are identified as the top cannabis stocks to watch due to their recent high trading volumes in the evolving legal cannabis market.
  • Cannabis stocks are generally characterized by higher volatility and potential for significant growth, influenced by regulatory changes and investor sentiment.
  • Tilray Brands engages in medical cannabis cultivation and distribution, operating in multiple countries, highlighting the global reach of cannabis enterprises.
  • Five stocks to consider instead of Tilray Brands.

Tilray Brands, Canopy Growth, SNDL, Aurora Cannabis, and Quantum Biopharma 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 support services for legal marijuana and hemp products. By purchasing these equities, investors gain exposure to the rapidly evolving legal cannabis market, which spans everything from growers and product manufacturers to technology and supply-chain firms. Because the industry is still subject to shifting regulations and investor sentiment, cannabis stocks often carry higher volatility alongside potential for outsized growth. 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

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

Quantum Biopharma (QNTM)

Quantum Biopharma Ltd. is a biotechnology pharmaceutical research and development company, which focuses on the cultivation, process, and sale of medical cannabis. It operates through the Biotechnology and Strategic Investments segments. The Biotechnology segment is involved in the research and development of the company's three drug candidates consisting of FSD-PEA, Lucid-PSYCH, and Lucid-MS.

Read Our Latest Research Report on QNTM

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