2019(26)Marijuana(34)Stra(9)Stocks(1515)Buy(324)
In 2019, the marijuana industry experienced a surge of growth and investment opportunities. As more states legalise cannabis, the market for marijuana stocks has expanded significantly. This guide will help you navigate through the best US marijuana stocks to buy in 2019.
Understanding the Market
The marijuana market is diverse, with a variety of companies ranging from growers to distributors, and even tech startups. To make informed decisions, you need to understand the market dynamics and identify companies with strong fundamentals.
Key Factors to Consider
When selecting marijuana stocks, consider the following factors:
- Market Capitalization: Larger companies tend to offer more stability and have a wider reach in the market.
- Revenue Growth: Companies with strong revenue growth are more likely to succeed in the long run.
- Strategic Partnerships: Companies that have formed strategic partnerships with established players can gain a competitive edge.
- Regulatory Compliance: Companies that are well-compliant with federal and state regulations are less likely to face legal issues.
Top US Marijuana Stocks to Buy in 2019
- Canopy Growth Corporation (CGC)
Canopy Growth is one of the largest marijuana companies in the world, with a market capitalization of over $12 billion. The company has a strong presence in both Canada and the United States. Its partnerships with major beverage companies, such as Constellation Brands, have helped it gain a competitive advantage.
- Aurora Cannabis Inc. (ACB)
Aurora Cannabis is another leading marijuana company with a market capitalization of over $8 billion. The company has a strong focus on research and development, which has helped it develop a wide range of high-quality cannabis products.
- Cronos Group Inc. (CRON)
Cronos Group is a Canadian-based marijuana company with a market capitalization of over $5 billion. The company has a strong pipeline of products and has formed strategic partnerships with companies like Snoop Dogg's Leafs By Snoop.
- GW Pharmaceuticals PLC (GWPH)
GW Pharmaceuticals is a British-based company specialising in medical cannabis. The company has a market capitalization of over $2 billion and has received approval for its cannabis-based drug, Epidiolex, in the United States.
- Cresco Labs Inc. (CRLB)
Cresco Labs is a US-based marijuana company with a market capitalization of over $2 billion. The company has a strong presence in key markets like Illinois and Michigan and has formed strategic partnerships with established players like Tilray.
Case Study: Tilray Inc. (TLRY)
Tilray, a Canadian-based marijuana company, has been one of the most successful marijuana stocks in 2019. The company went public on the Nasdaq in July 2018 and has since seen its market capitalization grow significantly. Tilray's success can be attributed to its focus on international expansion and its strategic partnerships with companies like Molson Coors.
Conclusion
Investing in marijuana stocks can be a lucrative opportunity, but it's essential to do thorough research and consider various factors. The top US marijuana stocks to buy in 2019 include Canopy Growth, Aurora Cannabis, Cronos Group, GW Pharmaceuticals, and Cresco Labs. Remember to conduct your own due diligence and consider the risks involved before making any investment decisions.
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