Best cannabis & marijuana stocks for 2023. Cannabis is a plant that can be used to treat, manage, or improve medical symptoms. It is also used for recreational purposes, given its psychoactive properties. Also known as marijuana, weed, and other names, it has become legal or decriminalized in most U.S. states, Canada, and other places. Consumers are becoming more accepting of cannabis, appreciating its medicinal and recreational properties. This has led to a slew of companies that research, develop, and distribute medical and recreational marijuana. As a result, the marijuana industry is projected to double in value by 2025, making it popular with investors. This list covers the best cannabis companies.

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CGC MO ABBV SMG JAZZ HEXO CURLF GTBIF TCNNF

Comparison Results

Name	Price	Price Change	Analyst Price Target	Analyst Consensus	Volume	Market Cap	Smart Score
CGC Canopy Growth	$0.60	$0.097 (-14.04%)	$1.09 (82.92% Upside)	1 Buy 3 Hold 2 Sell Hold	33.36M	$526.00M	premium
MO Altria Group	$43.12	$0.07 (-0.16%)	$44.84 (3.99% Upside)	2 Buy 2 Hold 2 Sell Hold	5.03M	$76.65B	premium
ABBV AbbVie	$149.28	$0.1 (0.07%)	$169.67 (13.66% Upside)	5 Buy 5 Hold 0 Sell Moderate Buy	4.91M	$263.31B	premium
SMG Scotts Miracle-Gro Company	$50.03	$0.45 (-0.89%)	$59.33 (18.59% Upside)	3 Buy 3 Hold 0 Sell Moderate Buy	763.24K	$2.83B	premium
JAZZ Jazz Pharmaceuticals	$132.58	$0.15 (-0.11%)	$202.75 (52.93% Upside)	7 Buy 2 Hold 0 Sell Strong Buy	368.23K	$8.38B	premium
HEXO HEXO	$0.71	$0.017 (2.45%)	$1.00 (40.85% Upside)	0 Buy 1 Hold 0 Sell Hold	305.54K	$29.34M	premium
CURLF Curaleaf Holdings	$3.60	$0.48 (-11.76%)	$4.10 (13.89% Upside)	1 Buy 2 Hold 1 Sell Hold	1.22M	$2.57B	premium
GTBIF Green Thumb Industries	$9.21	$0.99 (-9.71%)	$14.43 (56.68% Upside)	6 Buy 1 Hold 0 Sell Strong Buy	556.89K	$2.12B	premium
TCNNF Trulieve Cannabis	$5.04	$0.2 (-3.82%)	$12.61 (150.20% Upside)	5 Buy 1 Hold 0 Sell Strong Buy	377.09K	$833.46M	premium

Performance Comparison

Compare the performance , dividend, and cannabis stocks. Go to the Stock Comparison tool to compare more stocks on key indicators.

Cannabis Stocks Latest News

AbbVie: Health Canada approves RINVOQ for treatment of Crohn’s disease

AbbVie announced that Health Canada has approved RINVOQ, an oral, once-daily selective and reversible JAK inhibitor, for the...

2d ago

ABBV

Merck (NYSE:MRK) Urges UK Government to Support Pharma

American multinational pharmaceutical company Merck (NYSE:MRK) has urged the UK government to support the sector as it sets...

3d ago

LLY

MRK

Altria Group price target raised to $56 from $55 at Jefferies

Jefferies analyst Owen Bennett raised the firm’s price target on Altria Group to $56 from $55 and keeps...

6d ago

Altria Group put volume heavy and directionally bearish

Bearish flow noted in Altria Group with 13,019 puts trading, or 3x expected. Most active are Nov-23 40...

6d ago

FDA denies marketing of six flavored Vuse Alto e-cigarette products

The U.S. Food and Drug Administration confirmed the issuance of marketing denial orders to R.J. Reynolds Vapor Company...

6d ago

FDA to ban Vuse menthol e-cigarette sales, WSJ reports

The Food and Drug Administration has ordered Reynolds American, an independent U.S. subsidiary of British American Tobacco Group...

6d ago

Rising High: Exclusive talk with financial services firm Safe Harbor Financial

In this edition of “Rising High,” The Fly conducted an exclusive interview with Sundie Seefried, founder and chief...

6d ago

ACB

CGC

Green Thumb Industries to open RISE Dispensary Brandon in Florida

RISE Dispensaries announced that RISE Dispensary Brandon, the Company’s 9th retail location in Florida, will open on October...

7d ago

Green Thumb to Open RISE Dispensary Brandon in Florida, its 9th Retail Location in the Sunshine State, on October 14th

CHICAGO and VANCOUVER, British Columbia, Oct. 12, 2023 (GLOBE NEWSWIRE) — RISE Dispensaries, a rapidly growing...

7d ago

AbbVie announces upadacitinib met primary endpoint

AbbVie announced that its Phase 2b study evaluating upadacitinib in adults with non-segmental vitiligo, or NSV, met the...

7d ago

ABBV

Read the latest stock news and analysis from the TipRanks news team.

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Recent Analysts Ratings of Cannabis Stocks

Altria Group

premium

Hold

premium

Reiterated

2023-10-18

ABBV

AbbVie

premium

Hold

premium

Reiterated

2023-10-13

SMG

Scotts Miracle-Gro Company

premium

Buy

premium

Reiterated

2023-10-13

JAZZ

Jazz Pharmaceuticals

premium

Buy

premium

Reiterated

2023-10-04

CGC

Canopy Growth

premium

Hold

premium

Reiterated

2023-10-02

CURLF

Curaleaf Holdings

premium

Hold

premium

Reiterated

2023-09-28

TCNNF

Trulieve Cannabis

premium

Buy

premium

Reiterated

2023-09-23

GTBIF

Green Thumb Industries

premium

Buy

premium

Reiterated

2023-09-05

HEXO

premium

Hold

premium

Reiterated

2023-06-16

Altria Group

premium

Buy

premium

Reiterated

2023-10-13

All Ratings >

Most Recent Earnings of Cannabis Stocks

CGC

Canopy Growth

Aug 09, 2023

Jun 01, 2023

-0.13 / -0.05

-3.839

Altria Group

Aug 01, 2023

Jun 01, 2023

1.30 / 1.31

1.26

ABBV

AbbVie

Jul 27, 2023

Jun 01, 2023

2.83 / 2.91

3.37

SMG

Scotts Miracle-Gro Company

Aug 02, 2023

Jun 01, 2023

1.46 / 1.17

1.98

JAZZ

Jazz Pharmaceuticals

Aug 09, 2023

Jun 01, 2023

4.45 / 4.51

4.3

HEXO

Jun 14, 2023

Apr 01, 2023

-0.07 / -2.03

-3.616

CURLF

Curaleaf Holdings

Aug 09, 2023

Jun 01, 2023

-0.04 / -0.09

-0.04

GTBIF

Green Thumb Industries

Aug 08, 2023

Jun 01, 2023

0.05 / 0.05

0.1

TCNNF

Trulieve Cannabis

Aug 09, 2023

Jun 01, 2023

-0.17 / -2.14

-0.12

Cannabis Stocks - FAQ

Which Cannabis stocks have a "Strong Buy" analyst rating?

These Cannabis stocks currently have a "Strong Buy" analyst rating consensus:

Jazz Pharmaceuticals - Strong Buy, based on 9 analyst ratings, 7 Buy, 2 Hold, and 0 Sell.

Green Thumb Industries - Strong Buy, based on 7 analyst ratings, 6 Buy, 1 Hold, and 0 Sell.

Trulieve Cannabis - Strong Buy, based on 6 analyst ratings, 5 Buy, 1 Hold, and 0 Sell.

Are Cannabis stocks overpriced?

Canopy Growth's stock price is currently $0.60, and its average 12-month price target is $1.09.

Altria Group's stock price is currently $43.12, and its average 12-month price target is $44.84.

AbbVie's stock price is currently $149.28, and its average 12-month price target is $169.67.

Scotts Miracle-Gro Company's stock price is currently $50.03, and its average 12-month price target is $59.33.

Jazz Pharmaceuticals's stock price is currently $132.58, and its average 12-month price target is $202.75.

HEXO's stock price is currently $0.71, and its average 12-month price target is $1.00.

Curaleaf Holdings's stock price is currently $3.60, and its average 12-month price target is $4.10.

Green Thumb Industries's stock price is currently $9.21, and its average 12-month price target is $14.43.

Trulieve Cannabis's stock price is currently $5.04, and its average 12-month price target is $12.61.

Which Cannabis stocks pay dividends?

Canopy Growth does not currently pay dividends.

Altria Group does not currently pay dividends.

AbbVie does not currently pay dividends.

Scotts Miracle-Gro Company does not currently pay dividends.

Jazz Pharmaceuticals does not currently pay dividends.

HEXO does not currently pay dividends.

Curaleaf Holdings does not currently pay dividends.

Green Thumb Industries does not currently pay dividends.

Trulieve Cannabis does not currently pay dividends.

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NOW

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NFLX

Tesla (NASDAQ:TSLA) Misses on Earnings and Sales; Maintains Delivery Guidance

TSLA

Stock Market News Today, 10/18/23 – Stocks Tumble as Bond Yields Surge

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SPX

A Big New Deal Isn’t Helping Skechers (NYSE:SKX) Much

SKX

Analyst Downgrade Sends Coty (NYSE:COTY) Sliding

COTY

Bank of Nova Scotia (TSE:BNS) Slips after 3% Workforce Cut

BNS

Pinterest (NYSE:PINS) Scores a Hold at Jefferies, Shares Slip

GOOG

Cannabis Stock Events

Stock	Type	Date
MO Altria Group	Earnings Release	Oct 26, 2023
ABBV AbbVie	Earnings Release	Oct 27, 2023
HEXO HEXO	Earnings Release	Oct 31, 2023
SMG Scotts Miracle-Gro Company	Earnings Release	Nov 01, 2023
JAZZ Jazz Pharmaceuticals	Earnings Release	Nov 07, 2023