Cannabis Stocks Worth Watching - October 12th

Key Points

• Seven cannabis-related stocks flagged: Glass House Brands, Tilray Brands, Trulieve Cannabis, Canopy Growth, Cronos Group, Silver Spike Investment, and Aurora Cannabis had the highest recent dollar trading volume among cannabis stocks.
• The companies provide broad industry exposure across cultivation, medical and recreational cannabis, hemp products, retail dispensaries, cannabis brands, and specialty financing for private cannabis businesses.
• Investors should expect elevated risk because cannabis companies face regulatory uncertainty, varying laws across jurisdictions, and significant market volatility.

Glass House Brands, Tilray Brands, Trulieve Cannabis, Canopy Growth, Cronos Group, Silver Spike Investment, and Aurora Cannabis are the seven Cannabis stocks to watch today, according to MarketBeat's stock screener tool. Cannabis stocks are shares of publicly traded companies involved in the cultivation, production, distribution, retail, or supporting services of cannabis and cannabis-related products. For investors, they represent an opportunity to gain exposure to the cannabis industry but may carry heightened risks due to regulatory uncertainty, market volatility, and varying laws across jurisdictions. These companies had the highest dollar trading volume of any Cannabis stocks within the last several days.

Glass House Brands (GLAS)

Glass House Brands is a vertically integrated cannabis company. Glass House Brands is based in LONG BEACH, Calif.

Read Our Latest Research Report on GLAS

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

Trulieve Cannabis (TRLV)

Trulieve Cannabis Corp., together with its subsidiaries, operates as a medical cannabis company. The company cultivates and produces products in-house and distributes its products to Trulieve branded stores (dispensaries) in Florida, California, Massachusetts, Connecticut, Pennsylvania, and West Virginia, as well as directly to patients through home delivery.

Read Our Latest Research Report on TRLV

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

Cronos Group (CRON)

Cronos Group Inc. operates as a cannabinoid company that engages in the cultivation, production and marketing of cannabis products in Canada, Israel, and Germany. It offers dried flower, pre-rolls, oils, vaporizers, edibles, and cannabis tinctures under the Spinach, Lord Jones, and PEACE NATURALS brands.

Read Our Latest Research Report on CRON

Silver Spike Investment (SSIC)

Silver Spike Investment Corp., is a a business development company. It is a specialty finance company, focuses on investing across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. It intends to partner with private equity firms, entrepreneurs, business owners, and management teams to provide credit and equity financing alternatives to support buyouts, recapitalizations, growth initiatives, refinancings, and acquisitions across cannabis companies, including cannabis-enabling technology companies, cannabis-related health and wellness companies, and hemp and CBD distribution companies.

Read Our Latest Research Report on SSIC

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

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