Marijuana Stocks To Buy And Watch

As more and more states legalize both recreational pot and medical weed, it's time to track the best marijuana stocks to buy and watch.

The post Marijuana Stocks To Buy And Watch appeared first on Investor's Business Daily.

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Cannabis companies that sell both medicinal weed and recreational pot. Marijuana stocks to buy and watch. Marijuana mergers and acquisitions. Dispensary data analytics. Upcoming marijuana IPOs.

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Those phrases have become increasingly common as marijuana legalization spreads across U.S. states and Canada. And investor interest in the industry continues to rise as leading pot players continue to chew away at legal barriers, where the federal government still outlaws cannabis.

Currently, nine states and Washington, D.C., have legalized recreational marijuana, while 29 states have legalized medical weed.

IPO Watch: Marijuana Stocks

Canadian pot producer Canopy Growth Corp. (CGC) in May began trading on the New York Stock Exchange. The Canopy IPO followed the debut of Cronos Group (CRON) on the Nasdaq in February. MedMen, a U.S. marijuana company valued at $1.65 billion, had its IPO in Canada in May as well. Still, the industry remains volatile, and inconsistent regulations could make expansion difficult.

Marijuana Stocks And Cannabis Companies To Watch

Marijuana Plant
Marijuana Stock Canopy Growth Smokes Out Competition To Acquire RivalMarijuana stock Canopy Growth managed to smoke out the competition as it sealed a $205 million deal to acquire rival Hiku Brands. It beat WeedMD in the battle to gain control of... Read More
Marijuana stocks: Pot stock Tilray plans a U.S. IPO,
Marijuana Stocks: Tilray Begins IPO After Nasdaq ApplicationCanadian medical marijuana producer Tilray on Monday said it had launched an initial public offering after its application to list on the Nasdaq. That would make it the latest pure-play pot company... Read More
Constellation Brands' Corona beer
Constellation Brands Earnings Miss Views; Stock Falls From Near Buy PointConstellation Brands earnings fell short of first-quarter estimates, while revenue was largely in line for the Corona beer maker and marijuana industry investor. Constellation Brands stock sold off early Friday, falling back... Read More
Cannabis plant
Marijuana Stocks: Canopy Growth Sets Sights On GermanyManagement at Canopy Growth Corp., one of the first U.S.-listed marijuana stocks, expects that at least half of the nation's illicit pot market will go legit within the first year of recreational marijuana... Read More
Imperial Brands Imperial Tobacco Group
Imperial Brands, Snoop Dogg VC Firm Invest In Patrick-Stewart-Backed Marijuana BiotechSnoop Dogg, Sir Patrick Stewart and a large British tobacco company: all vaguely in the same news story, thanks to an investment deal announced late Wednesday that an analyst called Big Tobacco's "most... Read More

Marijuana Vs. Beer And Tobacco

Big money is pouring into the legal cannabis market, potentially steering more U.S. consumers toward weed. Struggling beer and tobacco companies are using that trend to find new business. One approach is to look for opportunities within the increasingly popular products in MedMen's stores. For example, the cannabis drinks stacked in a refrigerator near the corner, or the sleek vaping devices and tins of prerolled joints. Read More

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