Free Trial

Promising Cannabis Stocks To Watch Now - April 24th

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

Key Points

  • Tilray (TLRY), Canopy Growth (CGC) and Akanda (AKAN) were flagged by MarketBeat’s screener as the cannabis stocks to watch today after recording the sector’s highest dollar trading volume in recent days.
  • Tilray and Canopy are established multinational producers and distributors—Tilray sells medical cannabis across markets including Canada, Germany and Australia, while Canopy operates in the U.S., Canada, Germany and other international markets.
  • Cannabis stocks are highly volatile and regulatory-sensitive, providing targeted exposure to the legal marijuana industry but carrying elevated risk from legal, tax and market developments.
  • Interested in Tilray Brands? Here are five stocks we like better.

Tilray Brands, Canopy Growth, and Akanda 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 plant or the legal marijuana industry, including growers, processors, retailers, biotech firms developing cannabis-derived medicines, and ancillary service providers. For stock market investors, these securities provide targeted exposure to the cannabis sector but are often highly volatile and especially sensitive to regulatory, legal, and market developments. 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

Akanda (AKAN)

Read Our Latest Research Report on AKAN

Featured 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

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Click the link to see our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines