Marijuana Stocks [The Best to Buy in 2022]
Published: 10 January 2022 by Andrew
The marijuana industry is based on innovative companies that are heavily engaged in the research, development, distribution and sale of medical and recreational cannabis. Investing in marijuana stocks is fast becoming an interesting opportunity, but will you make a profit in this sector?
Of course, but you have to choose the right stocks to bet on, which is why we have written this guide to the best Marijuana stocks available on the market.
Marijuana is now gaining widespread acceptance and has been legalized in an increasing number of nations, states and other jurisdictions for recreational, medicinal, etc. uses.
This trend is destined to grow but what really interests us is to have an answer to this question:
How Do You Buy Marijuana Stocks? We show you the steps to follow below:
- Choose a CFD Broker (like eToro)
- Register and select the CFD of the Marijuana stocks that interest you
- Click Buy to aim higher (or click Sell to aim lower)
Easy right? To help you also in choosing an intermediary, below you will find a list with the best trading platforms on the market. They are all safe and regulated brokers:
Min. Deposit: 50€
Min. Deposit: 100€
Min. Deposit: 50€
Min. Deposit: 250€
Min. Deposit: 100€
72.30% of retail CFD accounts lose money
Min. Deposit: 250€
Marijuana Stock Index Live Chart
The BGCANG (Global Cannabis Giants) index was created to replicate the performance of the 20 main Cannabis stocks on the market.
Is it worth buying Marijuana Stocks
All the trading signals suggest that marijuana stocks and the entire cannabis sector is set to triple over the next five years and many investors want to take advantage of this.
There are several states and countries around the world that are starting a slow process of legalization of this substance, at least for medical use.
These new laws are revolutionizing the industry, which offers great opportunities for both entrepreneurs and investors.
Buying Cannabis stocks is worthwhile in principle, but not all stocks are the same and in this guide we will look at the most important ones.
How to buy Marijuana Stocks?
Buying marijuana stocks is simple, you just need a PC, an internet connection and a good online broker, possibly without commissions.
For this reason, it is preferable to use Brokers who offer CFDs, the so-called Contracts for Difference, which have two important characteristics:
- They don’t charge commissions
- They allow you to aim both upwards and downwards
Zero commissions allows you to trade very frequently without worrying about extra fees. The second feature allows you to “sell short” or to earn from the fall in the price of a security.
Among the numerous brokers on the market, those listed at the beginning of this guide are all regulated, that is, they have a regular CONSOB, CySEC or FCA license.
We at OnlineTradingCourse.net have selected the most suitable to buy Marijuana Stocks, safely and with the most innovative trading platforms: eToro, Trade.com and ForexTB.
Marijuana Stocks with eToro
The most popular online broker in the world is eToro, it has exceeded 10 million subscribers and could only be one of our recommended options to buy marijuana stocks.
eToro can rely on CONSOB authorization and many other international licenses, and its trading platform is considered the most intuitive of all.
Its offer in the sector is very wide, you will find the main marijuana stocks on the market, ready to be traded.
How do you buy marijuana stocks on eToro? It’s simple, just follow these steps:
- Register for free on eToro
- Log into your Demo or real account (by depositing at least € 200)
- Select the CFD of the Cannabis stocks you are interested in and click on “Buy”
- Decide whether to buy or sell the shares and how much to bet in the operation
This Broker also offers an automatic investment system that allows you to copy the operations of the best traders in the world (chosen by you on eToro).
The system is called Copy Trading and is an eToro patent. Just select the traders to copy and the software will do everything automatically, at no additional cost.
Here are some of the traders you might copy:
Click here and choose which trader to copy
Marijuana Stocks with Trade.com
Trade.com is an intermediary that has staked everything on traders, trying to improve their training and facilitate their investments.
Thanks to the Trading Course developed by this Broker you will be able to learn the most effective trading techniques and study how to choose the best marijuana stocks to bet on.
It is a simple ebook and Trade.com offers it for free, here is the link to download it:Download the Trading Course for free by clicking here
This Broker allows you to open a trading account with only 100 euros and its CONOB license makes it absolutely reliable.
How do you buy marijuana stocks on Trade.com? Just follow these steps:
- Register for free on Trade.com
- Log into your Demo or real account (by depositing at least € 100)
- Select the CFD of the Cannabis shares you are interested in and click on “Buy” to buy or “Sell” to sell short
- Decide how much to invest in the operation
Marijuana Stocks with ForexTB
This Broker, like the previous one, takes the preparation of its users very seriously, which is why it has created a Trading Course that summarizes the basics of technical analysis in a pdf.
ForexTB has created this ebook trying to avoid technical terms and focusing everything on the effectiveness of the course. Download it from the link below, it’s free!Click here and download the Trading Course for free
To trade Cannabis shares with ForexTB you will have two trading platforms:
- The Web Platform is simple, intuitive, fast and accessible from any device, without installing anything.
- Metatrader, on the other hand, is much more professional, complete and full of indicators of all kinds.
How do you buy marijuana stocks on ForexTB? You just have to follow these directions:
- Register on ForexTB
- Choose the trading platform
- Select the CFD of the Cannabis shares you prefer and click on Buy (or on Sell to sell short)
- Decide the amount to invest
Best Marijuana Stocks
Canada has been a startup and it is in this country that some of the main companies in the sector were born, but now the United States is expanding the number of states that have given the green light to the legalization of marijuana in various forms.
Here is a list of the best Cannabis stocks on the market, these are the most important, most quoted and highest capitalization stocks on which it is possible to invest.
Canadian producer Canopy Growth (NASDAQ: CGC) is the largest cannabis company in the world.
The valuation of this company is high, over 9 billion US dollars and there are large direct and indirect investors subsidizing this market giant.
At an operational level, the company is trying to cut costs to make the company really profitable, which despite the growing turnover produces much lower than expected profits.
Aurora Cannabis is the second largest company in the world by capitalization in the marijuana sector and is Canadian.
The company has reached 25 countries with its products, creating 8 production plants in various countries around the world.
The business model ranges from engineering to structure design, from cannabis breeding to genetic research, from the production of high value-added products to wholesale and retail distribution.
The production capacity stands at over 625 tons of cannabis per year, grown mainly in Canada.
Curaleaf Holdings is a US based manufacturer.
Today, Curaleaf has more than 90 operating dispensaries, holds over 130 single-store licenses and is present in 23 states.
Analysts predict that Curaleaf will become the first company in the industry to reach $ 1 billion in annual sales.
Green Thumb Industries
Green Thumb Industries sports a market cap of $ 5 billion.
It has 50 operating dispensaries, but has enough licenses to open 96 stores in 12 states in the US.
Two thirds of its sales are generated by derivatives (vapors, beverages, concentrates and topicals). Derivatives produce substantially higher margins than dried cannabis flowers.
All this will lead Green Thumb to obtain more consistent and larger profits than its competitors, or at least this is what analysts think.
Trulieve Cannabis (OTC: TCNNF) is one of the most profitable Cannabis stocks on the market.
Trulieve’s growth is a result of its focus on the Florida medical marijuana market. It operates with 75 dispensaries in the United States and has been able to effectively build a strong brand without spending too much on marketing.
In the state of Florida, this company has become the undisputed leader by saturating the market.
GW Pharmaceuticals (NASDAQ: GWPH) is a pharmaceutical company that does not like to be associated with common cannabis stocks.
This company makes cannabinoid-based drugs, so it’s right on our list.
The fame of GW Pharmaceuticals is mainly due to the cannabidiol drug Epidiolex, approved for the treatment of two rare forms of childhood epilepsy and tuberous sclerosis.
The company is steadily increasing its turnover, marking a + 43% year on year.
Cronos Group (NASDAQ: CRON) is another Canadian licensed manufacturer.
Cronos’s valuation has improved since the entry of the tobacco giant Altria Group, which by investing 1.8 billion has acquired 45% of the company.
Despite this liquidity injection, Cronos’ operating results so far have left much to be desired.
GrowGeneration (NASDAQ: GRWG) operates a chain of hydroponic and organic gardening stores in the United States.
The company operates 36 stores in 11 states, but plans to expand to 50 stores in 15 states by the end of 2021.
This is a company that is experiencing high double-digit organic growth and analysts are aiming for a 54% increase in sales for GrowGeneration in 2021.
Cresco Labs (OTC: CRLBF) currently has 20 operating dispensaries, 10 of which are located in the state of Illinois under limited license.
This company differs from other marijuana stocks because it also sells wholesale and therefore manages to handle large quantities of goods and money compared to its competitors.
Cresco has a good chance of making substantial profits in 2021, hitting $ 1 billion in annual sales in 2022.
Last but not least, Columbia Care (OTC: CCHWF) is one of the fastest growing cannabis stocks.
Previously known for focusing on medical cannabis and manufacturing, Columbia Care is finding a world of additional opportunities by targeting the ‘recreational’ purpose of cannabis, which offers huge outlets for profitability.
Columbia Care currently has 76 dispensaries open in 18 states and primarily seeks to expand through acquisitions.
In fact, in September 2020, Columbia Care acquired the main cannabis operator of the Colorato: The Green Solution.
Marijuana stocks are now a reality in the investment landscape and the chances of this sector continuing to grow in the coming years are extremely high.
In this guide we have listed the 10 most interesting Cannabis stocks followed by international investors, among these there are undoubtedly the future market leaders.
The profitability of these companies is still low, they face a number of limitations and the black market that competes unfairly does not help their expansion.
But we know that these limits depend on the fact that the laws are not yet clear and above all they cover a narrow range of potential public interested in the product, at least for now.
If you want to follow the trend of the best marijuana stocks on the market and why not, evaluate some investments, here are the links to sign up for the Demo accounts of the best brokers on the market.
These accounts are perfect for testing your trading strategies without risking money, when you are ready to get serious you simply have to make a small deposit into the account of the chosen broker.
- Access the eToro Demo account for free by clicking here
- Register on Trade.com and try the Demo account by clicking here
- Log in to ForexTB and try the Demo account by clicking here
Of course, as long as you choose the right stocks to bet on. Read our guide for all the details.
On those with the greatest potential for growth, in our guide you will find the 10 most interesting Marijuana stocks.
With CFD brokers like eToro, which offer the possibility to trade both up and down in total safety.
If you choose one of the CFD brokers like Trade.com or ForexTB no, they are commission-free intermediaries.