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Promising Cannabis Stocks To Watch Now - December 19th

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

Key Points

  • MarketBeat's screener flags five cannabis stocks to watch: Tilray (TLRY), Canopy Growth (CGC), Aurora Cannabis (ACB), SNDL (SNDL), and Cronos Group (CRON), which had the highest dollar trading volume among cannabis names in recent days.
  • Cannabis stocks carry heightened regulatory, legal, and market-volatility risks due to shifting legalization, banking restrictions, and evolving consumer and medical markets.
  • Several of the listed companies — notably Tilray, Canopy and Cronos — operate internationally, which can diversify revenue but also adds cross-border regulatory complexity.
  • Interested in Tilray Brands? Here are five stocks we like better.

Tilray Brands, Canopy Growth, Aurora Cannabis, SNDL, and Cronos Group 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, retail sale of cannabis and cannabis-derived products, or providing ancillary goods and services to that industry. They trade like other equities but often carry heightened regulatory, legal, and market-volatility risks due to shifting legalization, banking restrictions, and evolving consumer and medical markets. 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

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

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

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

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

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

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

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