10 Best Canadian Cannabis Stocks To Invest on This Year – Canopy Growth, Aurora Cannabis, Aphria, PharmaCan, The Hydropothecary, CannTrust, OrganiGram, Emerald Health, Supreme Cannabis, Namaste
- Canopy Growth Corp
With a Market Cap of $6.10 billion, Canopy (NYSE: CGC) is up 26.09 (1.40 pct) this week. The company is considered the first unicorn in Canada’s marijuana market. The company listed on NYSE on May 24, 2018.
- Aurora Cannabis
With a Market Cap of $5.33 billion, Aurora Cannabis Inc. (OTC: ACBFF) first entered the Canadian venture stock exchange (TSX) in October 2016. On top of producing dry cannabis, the company got a license to sell cannabis oil in January 2017. Aurora Cannabis acquired MedReleaf Corp. (OTC: LEAF) for $2.5 billion in May this year.
- Aphria Inc.
Aphria labels itself among the lowest-cost producers of weed. Aphria (OTC: APHQF) produces dry cannabis and cannabis oil of varying qualities and strength. In the last 12 months the company’s stock has advanced just more than 147 pct. Aphria has a Market Cap of $2.53 billion.
- PharmaCan Capital/The Cronos Group
With a Market Cap: $1.37 billion, the company engages in investing in marijuana growers and companies in the cannabis trade. PharmaCan’s (OTC: PRMCF) portfolio is currently comprised of 6 firms. The company’s stock has soared almost 503 pct in the past four quarters.
- The Hydropothecary Corperation
The Hydropothecary Corporation (OTC: THCX) is the only licensed medical weed maker based in Quebec. The company is set to roll out its new brand, HEXO, which will concentrated on recreational pot use. Hydropothecary Corporation’s stock has risen more than 200 pct in the past four quarters. The company has a Market Cap of $965.05 million.
- CannTrust Holdings Inc.
Market Cap: $907.72 million, Appotex Inc., one of the premier pharmaceutical firms operating in Canada, has an exclusive worldwide partnership with CannTrust Holdings Inc. (OTC: CNTTF). The pot company has a 430,000 square-foot cultivation plant in the Niagara region, making it the 6th biggest weed manufacturer in Canada. The company’s stock climbed more than 4.1 pct in the last 12 months.
- OrganiGram Holdings
This company’s portfolio includes dry cannabis and cannabis oil. The company’s stock has a return of nearly 146 pct in the 12-month period. It has a Market Cap of $714.11 million.
- Emerald Health Therapeutics
With a Market Cap of $571.38 million, Emerald Health Therapeutics (OTC: EMHTF) also produces dry cannabis and cannabis oils for medical use. According to the New Cannabis Ventures reports, Emerald Health raised CAD10 million in equity from Dundee Capital.
- The Supreme Cannabis Company Inc.
The company changed its company name to The Supreme Cannabis Company Inc. in December last year. Also late last year, the company (OTC: SPRWF) disclosed a private placement financing agreement valued at CAD55 million to expand its Hybrid Greenhouse facility and other working capital requirements. It has a Market Cap of $441.64 million.
- Namaste Technologies Inc.
With a a Market Cap of $440.39, Namaste Technologies Inc. (OTC: NXTTF) concentrates on the eCommerce aspect of the medical weed trade. CannMart has a distribution network in Toronoto, which helps the eCommerce site develop their retail distribution. The company’s stock rallied to a solid 745 pct during the past four quarters.