Top Cannabis Stocks To Watch Now - August 28th

Key Points

• Five cannabis stocks to watch currently include Tilray Brands, Canopy Growth, Incannex Healthcare, Turning Point Brands, and Agrify, all featuring high trading volumes recently.
• Tilray Brands and Canopy Growth are involved in the cultivation and distribution of cannabis products across several international markets, including North America and Europe.
• Incannex Healthcare specializes in developing medicinal cannabinoid and psychedelic products for various health conditions, highlighting the evolving landscape of cannabis applications.

Tilray Brands, Canopy Growth, Incannex Healthcare, Turning Point Brands, and Agrify are the five Cannabis stocks to watch today, according to MarketBeat's stock screener tool. Cannabis stocks are shares of publicly traded companies involved in the legal cannabis sector, including cultivation, processing, distribution, and ancillary services. Investors buy these stocks to gain exposure to the medical and recreational marijuana markets and potential growth in the broader cannabis industry. Their performance can be influenced by regulatory changes, market trends, and shifting consumer preferences. 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

Incannex Healthcare (IXHL)

Incannex Healthcare Inc., a clinical stage pharmaceutical development company, engages in the research, development, and sale of medicinal cannabinoid and psychedelic pharmaceutical products and therapies. It develops products for the treatment of obstructive sleep apnoea (OSA), traumatic brain injury (TBI) and concussion, lung inflammation (ARDS, COPD, asthma, bronchitis), rheumatoid arthritis, inflammatory bowel disease, anxiety disorders, addiction disorders, pain, and other indications.

Read Our Latest Research Report on IXHL

Turning Point Brands (TPB)

Turning Point Brands, Inc., together with its subsidiaries, manufactures, markets, and distributes branded consumer products. The company operates through three segments: Zig-Zag Products, Stoker's Products, and Creative Distribution Solutions. Zig-Zag Products segment markets and distributes rolling papers, tubes, finished cigars, make-your-own cigar wraps, and related products, as well as lighters and other accessories under the Zig-Zag brand.

Read Our Latest Research Report on TPB

Agrify (AGFY)

Agrify Corporation offers hardware and software cultivation and extraction solutions for the cannabis and hemp industry in the United States. It offers vertical farming units and Agrify Insights Software-as-a-Service software; integrated grow racks and LED grow lights; and non-proprietary products designed, engineered, and manufactured by third parties, such as air cleaning systems and pesticide-free surface protection products.

Read Our Latest Research Report on AGFY

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