The Top 12 Canadian Pot Stocks

By | September 18, 2018

These 12 stocks are where canna-investors should place their bets. Each company is a licensed producer (LP) of cannabis in Canada.

1. Canopy Growth (TSE: WEED)

Market cap: $14.5 billion; owns Ontario-based LP, Tweed; with it’s recent $4 billion investment, Constellations Brands, whose stable of alcohol companies includes Corona and Mondavi, now owns 38% of Canopy.

2. Aurora Cannabis (OTC: ACBFF)

Market cap: $7.3 billion; Alberta-based LP also owns Ontario-based LP, MedRelief Corp. as well as subsidiaries CannaMed and Hempco Food and Fiber; on Sept. 17, it was reported that Coca-Cola had contacted Aurora about launching a CBD soft drink in Canada.

3. Tilray Inc. (NASDAQ: TLRY)

Market cap: $10.2 billion; owns the British Columbia-based LP; on Sept. 17, it was reported that the DEA will begin to import cannabis from Tilray for research purposes.

4. Aphria Inc. (TSE: APH)

Market cap: $4.5 billion; owns the Ontario-based LP.

5. Cronos Group (TSE: CRON)

Market cap: $2.3 billion; owns Ontario-based LP, Peace Naturals Project Inc.

6. The Green Organic Dutchman (TSE: TGOD)

Market cap, $1.9 billion; owns the Ontario-based LP.

7. Hexo Corp. (TSE: HEXO)

Market cap: $1.6 billion; owns Quebec-based LP, Hydropothecary; in August, Hexo signed an agreement with Molson Coors Canada to develop non-alcohol cannabis-based beverages.

8. CannTrust Holdings Inc. (OTC: CNTTF)

Market cap: $906 million; owns Ontario-based LP, CannaTrust.

9. Namaste Technologies Inc. (CVE: N)

Market cap: $793 million; owns Ontario-based LP, CannMart; on Sept. 17, Tilray severed ties with Namaste, who’d agreed to purchase cannabis from them, after it was revealed that Namaste held a shareholders’ party featuring scantily clad nurses in Montreal.

10. OrganiGram Holdings Inc. (OTC: OGRMF)

Market cap: $693 million; owns New Brunswick-based LP, Organigram.

11. Emerald Health Therapeutics Inc. (OTC: EMHTF)

Market cap: $527 million; owns the British Columbia-based LP.

12. Supreme Cannabis Company Inc. (OTC: SPRWF)

Market cap: $409 million; owns Ontario-based LP, 7 Acres.

More Canadian Coverage

Summary of C-45, the Bill that Legalized Cannabis in Canada

Provinces Take Lead in Canada’s Legalization Ramp-Up

Celebrating Legalization at ICBC Vancouver

U.S. and Canadian Industrial Hemp Crops on the Rise

The post The Top 12 Canadian Pot Stocks appeared first on Freedom Leaf.

Source: https://www.freedomleaf.com/canadian-pot-stocks/

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