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.

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.

Marijuana Stocks And Cannabis Companies To Watch

Best Stocks 2018: Software, Healthcare, Biotech, Marijuana Stocks LeadAs marijuana stocks generated significant buzz this year, cannabis supplier Tilray topped the list of the best stocks in 2018. Software sector companies like Twilio, Atlassian, Tableau Software, RingCentral and CyberArk Software also... Read More
Marijuana stocks: Pot stock Tilray plans a U.S. IPO,
Pot Stock Aphria: Green Growth Brands Takeover Bid 'Significantly Undervalues' CompanyCanadian cannabis producer Aphria on Friday said that a hostile takeover plan from U.S.-based Green Growth Brands announced a day earlier "significantly undervalues" the company. Still, Aphria stock jumped early Friday while most... Read More
Cannabis flower
Molson Coors' Pot Partner Wants To Join NYSE's Marijuana StocksCanadian marijuana supplier Hexo, Molson Coors' cannabis-beverages partner, has applied to list on the New York Stock Exchange, potentially adding to the marijuana stocks in Canada that have joined the major U.S.... Read More
cannabis
Canopy Growth To Enter U.S. As Hemp Legalized; FDA Eyes Looser RulesMarijuana stocks rose late Thursday as Canadian cannabis producer Canopy Growth said it would "participate in the American market" after President Donald Trump signed the 2018 farm bill into law. The new... Read More
Altria Confirms 35% Juul Stake After Big Cannabis Investment, Guides Low On EarningsMarlboro maker Altria on Thursday said it invested $12.8 billion in vaping startup Juul Labs, a 35% stake valuing Juul at $38 billion and representing a massive bet on an exodus away from... Read More

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 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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