Top 10 Canadian Marijuana and Cannabis Stocks
Considering investing in the cannabis sector? The sector has seen enormous gains and made early investors very wealthy. The demand for legal weed will continue to grow following its legalization. For those looking for good names, here are 10 marijuana companies that you should consider.
👨⚕️ Healthcare
Opinion about WEED.TO: They each have their own strengths. He would pick Canopy (WEED-T) because they are the 800 lb gorilla. Aurora has lots of news…
Opinion about ACB.TO: Cannabis stocks are continuing to go down. They went up on hype and spiked around the time it became legal in Canada. They are…
Opinion about APHA.TO: Although one of the top three cannabis producers in Canada it trades at a significantly lower valuation. Yield 0%.…
Opinion about CRON.TO: This has a couple of interesting aspects. They have great genetics, and genetics are really important. If you are going to go…
The Hydropothecary Corp (HEXO-T)
Opinion about HEXO.TO: Will it listing in the US change the price? They announced they will be on the US exchange shortly. Pricing will adjust for…
Canntrust Holdings Inc. (TRST-T)
Opinion about TRST.TO: This is a cannabis company that has a new product line for pets. He generally dislikes the sector and the associated…
Namaste Technologies Inc. (N-X)
Opinion about N.V: It is interesting in the way they have transitioned their business to cultivation. It is on his radar. It has some possibilities…
Opinion about OGI.V: This is going to be a massive growing sector. Legislation has not been tabled yet, and all these stocks have been running up on…
Emerald Health Therapeutics Inc (EMH-X)
Opinion about EMH.V: One of the 39 marijuana licensed producers. Has a small operation on Vancouver Island. Also, has property on the mainland and…
Supreme Pharmaceuticals Inc (FIRE-X)
Opinion about FIRE.V: A lot of people have been concerned about the sales license with this company. They were very close to getting their sales…
You can also choose a Marijuana-related ETF but the industry is still small and Marijuana ETFs are not well diversified so if you have the time, you might be better picking the individual names.
💹 ETF
Horizon’s Medical Marijuana (HMMJ-T)
Opinion about HMMJ.TO: Anytime you are investing in an area with such massive potential growth opportunities, you will see volatility. If you buy a…
