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Promising Cannabis Stocks To Add to Your Watchlist - March 9th

Tilray Brands logo with Medical background
Image from MarketBeat Media, LLC.

Key Points

  • Tilray (TLRY), Canopy Growth (CGC), and Cronos Group (CRON) were flagged by MarketBeat's screener as the top cannabis stocks to watch, having the highest dollar trading volume among cannabis names in recent days.
  • Each company operates internationally across multiple markets and business lines—cultivation, processing, distribution and branded consumer products—providing exposure to both medical and recreational cannabis markets.
  • Cannabis stocks are typically more volatile and face heightened regulatory and legal risk, so investors should consider that uncertainty and review the firms' detailed research reports before investing.
  • Five stocks to consider instead of Tilray Brands.

Tilray Brands, Canopy Growth, and Cronos Group are the three 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 cannabis industry, including cultivation, processing, retail, biotechnology, and ancillary services such as equipment, software, or distribution. For investors, these securities can offer exposure to a rapidly evolving market but typically carry higher volatility and regulatory/legal risk due to changing laws and market uncertainty. 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

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

Recommended Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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

Before you consider Tilray Brands, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tilray Brands wasn't on the list.

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

View The Five Stocks Here

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