We take a look at 15 of the best CBD oil stocks for Home» Marijuana» How to Invest in the Fast Growing Cannabidiol Industry. As the cannabis industry keeps pushing forward, more companies are production of industrial hemp and hemp-derived CBD oil and liquid for. Pot stocks had a wild ride in , but before you open your wallet to and Nasdaq saw their first purely cannabis companies list in company that was betting big on cannabinoid oil based drug to treat . is the Lagunitas' IPA- inspired and THC and CBD infused sparkling water called Hi-Fi Hops.
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In February, Cronos Group became the first pure-play cannabis stock to list on a major U. Similar to its peers, Cronos has been ramping up its production capacity and expects to grow over 47, kilograms in early Among pharmaceutical companies, UK-based GW Pharmaceutical is the closest to being a pure-play cannabis company. GW is focused on developing cannabis-based drugs.
Its Sativex drug, for the treatment of multiple sclerosis, was the first-ever natural cannabis plant derivative to be approved by regulators in any country, receiving UK approval in Earlier this year, Epidiolex, for the treatment of epilepsy, became the first cannabis-derived drug to bag FDA approval. The company was founded in , and in it became the first medical marijuana producer in North America to receive the good manufacturing practices certification.
It has been investing in expansion and aims to have over , square feet of production capacity by the end of the year. Zynerba Pharmaceuticals is focused on developing transdermal cannabinoid therapies for rare and near-rare neuropsychiatric diseases. Among its product candidates is ZYN CBD for children and adolescents with Fragile X syndrome, a genetic condition that causes intellectual disability, behavioral and learning challenges and is the most commonly known single-gene cause of autism spectrum disorder.
Benzinga does not provide investment advice. Membership is Free What are you waiting for? Free Account Login Click here to access your premium account. Driven by the legalization of recreational and medical cannabis and the increasing demand for both, legal cannabis revenue in the U.
Yahoo Finance is now tracking the major players in the cannabis industry. The list covers companies in horticulture, pharmaceutical research and ancillary businesses.
We will continue to add names as corporations invest and pivot into the space. To learn what every company on this list is doing that involves cannabis, read this story. Under Armour and Activision Blizzard gear up to report earnings on Tuesday. Aurora Cannabis Inc reported a better-than-expected quarterly revenue on Monday, as the company benefited from higher sales after Canada legalized the use of recreational cannabis in October. Aurora said marijuana sales in the reported quarter rose to 6, kg from 1, kg.
Canadian marijuana producer Aurora Cannabis reports fiscal second-quarter earnings after the market close Monday. We picked some top cannabis stocks and promising hemp stocks to get you started.
To give you an idea of how hot the cannabis market is, just take a look at the United States Marijuana Index. Given that is not exactly an apples to apples comparison, but it does make a case to at least investigate investments in marijuana stocks.
This was the first marijuana stock to go public with only 9 million shares being offered. So far in this stock has climbed percent. This cannabis producer has received multiple rounds of investments from beverage specialist Constellation Brands NYSE: Many are speculating Constellation Brands will eventually buy them outright and add cannabis to its lines of brands like Corona and Svedka.
According to the original press release , combined, these two companies expect to produce over kg per year of cannabis. This drug is approved for treatment of epileptic seizures associated with Lennox-Gastaut syndrome and Dravet syndrome. Stock information provided by Investopedia.
Global Hemp Group is listed on the over-the-counter market. Global Hemp plans to develop value-added industrial hemp-based CBD products next. Hemp, Inc is listed on the over-the-counter market. Hempco Food and Fiver is a producer and distributor of hemp-based products.
They have a 56, sq. With the legalization of cannabis, Hempco plans to utilize the hemp stalk as a fiber source for industrial building and textile uses.
Stock information provided by intel. While investing in hemp stocks is appealing for many reasons, it can be hard to get started. Hopefully this article has whet your appetite to the huge potential hemp and cannabis stocks have right now and in the foreseeable future.
To help get you started, below are some educational resources that offer valuable content. As the cannabis industry continues to evolve there will bound to be more volatility in the marketplace just like we see today, as well as new hot-stocks to buy.
And who knows, you might end up sharing the killing you made trading cannabis stocks just like our UPS driver! Rob Railis owns stock positions in various industries. He does not own any positions in the stocks outlined in this article.
Investing In Hemp Stocks: Getting Started With Hemp & Cannabis Stocks
Today, he sits on the advisory board of a major marijuana company. the online and retail sales of hemp-based health products in the United States points as the stock market contends with a fresh threat: a rising dollar. 4 days ago Cannabis companies that sell both medicinal weed and recreational pot. The flow of earnings reports will start to slow down but shale oil producers. This Is Pot Producer Tilray's Next Target Market As Hemp Goes LegalCanadian Get instant access to more trading ideas, exclusive stock lists and IBD. Penny Stocks List Of The Best Marijuana Companies . First Capital Venture Co., the owner of Diamond CBD, Inc., the maker of Diamond CBD oils. index.