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Top Cannabis Stocks To Watch Today - April 20th

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

Key Points

  • Tilray Brands (TLRY), Canopy Growth (CGC), and Aurora Cannabis (ACB) are MarketBeat's three cannabis stocks to watch today, selected for having the highest dollar trading volume among cannabis equities in recent days.
  • Cannabis stocks are typically high-growth but high-risk, with performance closely tied to shifting legalization, regulatory uncertainty, and volatile market sentiment.
  • All three companies are international operators involved in cultivation, processing, distribution and sale of medical and recreational cannabis products across markets in North America, Europe and other regions.
  • Interested in Tilray Brands? Here are five stocks we like better.

Tilray Brands, Canopy Growth, and Aurora Cannabis are the three Cannabis stocks to watch today, according to MarketBeat's stock screener tool. Cannabis stocks are publicly traded equities of companies involved in the cannabis industry, including cultivation, processing, distribution, retail, pharmaceutical/biotech development, and ancillary services or products. For investors, they are typically high-growth but high-risk assets because their performance is closely tied to changing legalization, regulatory uncertainty, and volatile market sentiment. 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

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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.

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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