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

Mature Marijuana Plants
Marijuana Stocks Tumble After Year's Best U.S. IPO Now Looks 'Complex'
Tilray and other marijuana stocks tumbled on Thursday after the recent cannabis IPO got hit with an analyst downgrade from Northland Capital. The downgrade came as Tilray secured another supply agreement in…
marijuana plant
Before You Invest In Marijuana, The SEC Says Do This First
The Securities and Exchange Commission on Wednesday warned people looking to invest in the cannabis industry to be on the lookout for unlicensed sellers, guaranteed returns and signs of excessive hype —…
wall street
Stock Market Today: Nasdaq Hit In Early Trade; Pot Stocks Rip Higher
The Nasdaq composite took a hit early Wednesday in the stock market today as earnings reports from top growth stocks RH, HealthEquity, Workday and Coupa Software were on Wall Street's radar. The…
Cannabis Budding Flowers
Marijuana Stocks: Short-Seller Citron Research Puts Tilray Stock In Cross Hairs
Days after casting doubt on Canadian marijuana producer Cronos Group, short-seller Citron Research is now betting that rival Tilray is destined to fall. But Tilray stock, Cronos stock and Canopy Growth all rallied Tuesday. Citron,…
marijuana
Stock Indexes Pare Losses As Online Retail, Pot Stocks Soar
Stocks continued to pare their losses in late afternoon trading Tuesday, as the Dow Jones industrial average flirted with getting back to unchanged for the day. The Nasdaq composite trimmed its loss…

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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