These 12 stocks are where canna-investors should place their bets. Each company is a licensed producer (LP) of cannabis in Canada.

1. Tilray Inc. (TLRY:US NASDAQ)

Market cap: $14.4 billion; owns the British Columbia-based LP; on Sept. 17, it was reported that the DEA will begin to import cannabis from Tilray for research purposes.

2. Canopy Growth Corp. (CGC:US New York)

Market cap: $11.5 billion; owns Ontario-based LP, Tweed; with it’s recent $4 billion investment, Constellations Brands, whose stable of alcohol companies includes Corona and Mondavi, now owns 38% of Canopy.

3. Aurora Cannabis Inc. (ACB:CN Toronto)

Market cap: $10.5 billion; Alberta-based LP also owns Ontario-based LP, MedRelief Corp. as well as subsidiaries CannaMed and Hempco Food and Fiber; on Sept. 17, it was reported that Coca-Cola had contacted Aurora about launching a CBD soft drink in Canada.

4. Aphria Inc. (APH:CN Toronto)

Market cap: $4.8 billion; owns the Ontario-based LP.

5. Cronos Group Inc. (CRON:US NASDAQ)

Market cap: $2 billion; owns Ontario-based LP, Peace Naturals Project Inc.

6. The Green Organic Dutchman Ltd.   (TGOD:CN Toronto)

Market cap, $1.9 billion; owns the Ontario-based LP.

7. Hexo Corp. (HEXO:CN Toronto)

Market cap: $1.7 billion; owns Quebec-based LP, Hydropothecary; in August, Hexo signed an agreement with Molson Coors Canada to develop non-alcohol cannabis-based beverages.

8. CannTrust Holdings Inc. (TRST:CN Toronto)

Market cap: $1.2 billion; owns Ontario-based LP, CannaTrust.

9. OrganiGram Holdings Inc. (OGI:CN Venture)

Market cap: $954 million; owns New Brunswick-based LP, Organigram.

10. Namaste Technologies Inc. (N:CN Venture)

Market cap: $832 million; owns Ontario-based LP, CannMart; on Sept. 17, Tilray severed ties with Namaste, who’d agreed to purchase cannabis from them, after it was revealed that Namaste held a shareholders’ party featuring scantily clad nurses in Montreal.

11. Emerald Health Therapeutics Inc. (EMH:CN Venture)

Market cap: $713 million; owns the British Columbia-based LP.

12. Supreme Cannabis Company Inc. (FIRE:CN Venture)

Market cap: $552 million; owns Ontario-based LP, 7 Acres.

More Canadian Coverage

Summary of C-45, the Bill that Legalized Cannabis in Canada

Provinces Take Lead in Canada’s Legalization Ramp-Up

Celebrating Legalization at ICBC Vancouver

Related

What You Need to Know About High Times’ Public Offering

If you enjoyed this Freedom Leaf article, subscribe to the magazine today!

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

©2018 Freedom Leaf, Inc. The Good News in Marijuana Reform | All Rights Reserved

or

Log in with your credentials

or    

Forgot your details?

or

Create Account