With the boom of the marijuana market apparently just starting, it’s time for growers, owners, smokers and business people alike to understand how to capitalize even more on the ever-growing and financially lucrative marijuana stock market.
Yes, there is such a thing as marijuana stocks. The first U.S. exchange-traded fund, ETF, to focus on marijuana stocks is launching December 26th, shorty ahead of California legalizing recreational cannabis use on January 1.
“I see this as something like the early days of the internet where many companies failed, and a few grew into massive success stories,” says Anthony Welch, president of Sarasota Capital Strategies (via Forbes). “As with the internet, the makeup of a cannabis fund today will look much different than the same fund 20 years from now.”
The Horizons Medical Marijuana Life Sciences ETF, listed on the Toronto stock exchange has attracted $243 million (309 million CAD) since it debuted in April and rallied 31% since inception, through December 1st, 2017.
| Name | Ticker | mil$
Market Cap |
%
Total Return 12 Month |
Price/
Book Trailing 12 Months |
Price/
EarningsTrailing |
Price/
Sales |
$ EPS
Trailing 12 Months |
% Proj
EPS Growth Next Year |
$mil
Revenue TTM |
% Revenue
Growth 1 Year |
% Revenue
Growth3 Year |
| AbbVie Inc | ABBV | 152,816.18 | 67.14 | 22.86 | 23.24 | 5.64 | 4.12 | 1.23 | 27,273.00 | 12.16 | 10.91 |
| The Scotts Miracle Gro Co A | SMG | 5,730.07 | 12.14 | 8.83 | 30.28 | 2.27 | 3.63 | 1.14 | 2,642.10 | 5.42 | 0.82 |
| Canopy Growth Corp | TWMJF | 2,579.38 | 65.98 | 4.87 | 0 | 46.78 | -0.17 | -0.76 | 45.44 | 214.16 | 384.71 |
| Aurora Cannabis Inc | ACBFF | 2,160.26 | 204.61 | 11.54 | 0 | 106.01 | -0.01 | 20.4 | 18.26 | 1,155.52 | 0 |
| Aphria Inc | APHQF | 1,367.24 | 122.34 | 6.14 | 90.39 | 67.59 | 0.1 | 4.38 | 17.42 | 142.34 | |
| Cara Therapeutics Inc | CARA | 427.79 | 42.63 | 4.32 | 0 | 430.13 | -2.24 | 0.93 | 0.91 | -97.74 | -80.7 |
| Insys Therapeutics Inc | INSY | 381.28 | -52.83 | 3.6 | 0 | 2.29 | -2.56 | 0.58 | 164.07 | -26.66 | 34.63 |
| AXIM Biotechnologies Inc | AXIM | 359.14 | -24.5 | -74.03 | 0 | 7,313.22 | -0.07 | 0.04 | -4.23 | 29.5 | |
| CanniMed Therapeutics Inc | CMMDF | 333.84 | 4.82 | 0 | 23.5 | -0.97 | -0.99 | 14.62 | 46.22 | 5.9 | |
| 22nd Century Group Inc | XXII | 295.36 | 152.41 | 10.54 | 0 | 15.88 | -0.14 | 14 | 44.1 | 19.05 | |
| Supreme Pharmaceuticals Inc | SPRWF | 288.53 | 8.09 | 6.24 | 0 | 0 | -0.06 | -17 | 0 | 0 | |
| OrganiGram Holdings Inc | OGRMF | 266.66 | 2.73 | 4.25 | 0 | 40.55 | -0.06 | -0.95 | 5.84 | 294.04 | 0 |
| Terra Tech Corp | TRTC | 237.77 | -28.2 | 2.79 | 0 | 4.49 | -0.06 | 31.92 | 153.9 | 128.4 | |
| Zynerba Pharmaceuticals Inc | ZYNE | 209.24 | 13.82 | 3.24 | 0 | 0 | -2.59 | 1.02 | 0 | -97.4 | -80.27 |
| Kush Bottles Inc | KSHB | 182.6 | -6.07 | 4.45 | 2,559.74 | 9.46 | 0 | 18.8 | 128.83 | 122.34 | |
| Helix TCS Inc | HLIX | 152.77 | -26.87 | 96.97 | 0 | 42.27 | -0.86 | 3.48 | 766.32 | -9.05 | |
| Cannabis Science Inc | CBIS | 149.34 | 68.17 | -58.52 | 69.76 | 0 | 0 | 0.01 | -79.06 | -51.77 | |
| Cannabics Pharmaceuticals Inc | CNBX | 140.36 | 69.23 | 48.82 | 0 | 2,372.55 | -0.01 | 0.05 | 0 | 0 | |
| Cannabis Wheaton Income Corp | CBWTF | 124.35 | 9.42 | 0 | 2,320.86 | -0.06 | 0.04 | -10.1 | -14.51 | ||
| Emblem Corp | EMMBF | 98.43 | 3.42 | 0 | 65.15 | -1.38 | 0.48 | 0.22 | 0 | 0 | |
| AeroGrow International Inc | AERO | 83.45 | -15.95 | 6.74 | 48.62 | 2.52 | 0.05 | 27.42 | 20.38 | 36.15 | |
| Cannabis Sativa Inc | CBDS | 77.35 | -27 | 15.18 | 0 | 544.48 | -0.39 | 0.13 | 157.12 | -57.93 | |
| InMed Pharmaceuticals Inc | IMLFF | 70.63 | 390.91 | 12.76 | 0 | 0 | -0.05 | 0 | 0 | ||
| mCig Inc | MCIG | 70.31 | 78.99 | 11.55 | 38.08 | 9.37 | 0 | 7.7 | 177.19 | 136.98 | |
| Innovative Industrial Properties Inc A | IIPR | 68.9 | 0.26 | 1.15 | 0 | 289.85 | -6.93 | 0.24 | -94.3 | ||
| General Cannabis Corp | CANN | 67.75 | -28.3 | -11.14 | 0 | 19.02 | -1.23 | 3.31 | 69.14 | 337.65 | |
| General Cannabis Corp | CANN | 67.75 | -28.3 | -11.14 | 0 | 19.02 | -1.23 | 3.31 | 69.14 | 337.65 | |
| Lexaria Bioscience Corp | LXRP | 65.57 | 266.82 | 21.81 | 0 | 858.54 | -0.03 | 0.06 | 56.29 | -68.7 | |
| United Cannabis Corp | CNAB | 52.24 | -26.13 | 10.14 | 0 | 99.72 | -0.13 | 0.46 | 27.09 | 89.15 | |
| Players Network | PNTV | 45.97 | 426.67 | -21.57 | 0 | 266.02 | -0.01 | 0.18 | 17,600.79 | 341.92 | |
| Americann Inc | ACAN | 43.16 | 102.57 | 12.94 | 0 | 1,714.33 | -0.15 | 0.03 | -57.14 | ||
| American Cannabis Co Inc | AMMJ | 42.8 | 6.76 | 19 | 103.1 | 14.58 | 0.01 | 2.9 | -44.25 | -41.43 | |
| Abattis Bioceuticals Corp | ATTBF | 38.63 | 130 | 20.3 | 0 | 0 | -0.05 | 0 | 1,090.93 | 0 | |
| GB Sciences Inc | GBLX | 37.71 | -15 | 5.01 | 0 | 195.99 | -0.13 | 0.19 | 0 | 0 | |
| Medicine Man Technologies Inc | MDCL | 34.9 | -38.77 | 3.36 | 0 | 12.74 | -0.34 | 2.4 | -24.45 | ||
| Future Farm Technologies Inc | FFRMF | 34.87 | 88 | 13.4 | 0 | 80.12 | -0.06 | 0.16 | 0 | 0 | |
| Future Farm Technologies Inc | FFRMF | 34.87 | 88 | 13.4 | 0 | 80.12 | -0.06 | 0.16 | 0 | 0 | |
| Mentor Capital Inc | MNTR | 32.08 | 29.63 | 5.25 | 0 | 10.54 | -0.05 | 3.04 | 7.79 | 341.89 | |
| Surna Inc | SRNA | 30.03 | 4.62 | 224.28 | 0 | 3.87 | -0.02 | 6.92 | -3.63 | 5,232.09 | |
| MassRoots Inc | MSRT | 24.79 | -68.86 | 7.87 | 0 | 96.15 | -0.45 | 0.2 | 227.9 | ||
| CV Sciences Inc | CVSI | 24.28 | -16.11 | 1.59 | 0 | 1.16 | -0.23 | 16.65 | -4.07 | 72.52 | |
| CV Sciences Inc | CVSI | 24.28 | -16.11 | 1.59 | 0 | 1.16 | -0.23 | 16.65 | -4.07 | 72.52 | |
| Kaya Holdings Inc | KAYS | 22.51 | 44.59 | -1.39 | 0 | 25.35 | -0.17 | 0.87 | 194.16 | ||
| India Globalization Capital Inc | IGC | 16.02 | 174.02 | 2.57 | 0 | 25.6 | -0.05 | 0.63 | -90.88 | -36.56 | |
| Two Rivers Water & Farming Co | TURV | 11.78 | -30 | -1.09 | 0 | 3.57 | -0.26 | 3.11 | -73.46 | -49.33 | |
| MJ Holdings Inc | MJNE | 11.62 | -21.25 | 215.91 | 0 | 1,900.05 | -0.01 | 0.01 | 0 | ||
| Mountain High Acquisitions Corp | MYHI | 6.7 | 83.59 | -12.22 | 0 | 161.33 | -0.05 | 0.03 | -28.98 | 0 | |
| Indoor Harvest Corp | INQD | 6.1 | -54.25 | 9.34 | 0 | 50.8 | -0.13 | 0.08 | 83.85 | ||
| Potnetwork Holdings Inc | POTN | 5.88 | 2,016.13 | 0 | 0 | 0 | |||||
| Vapor Group Inc | VPOR | 5.12 | 37.5 | -1.68 | 6.72 | 10.08 | 0 | 0.5 | -90.95 | -32.67 | |
| Blue Line Protection Group Inc | BLPG | 3.05 | -33.79 | -1.42 | 0 | 0.85 | -0.02 | 3.55 | 7.73 | 0 | |
| Plandai Biotechnology Inc | PLPL | 2.8 | -73.33 | -0.24 | 0 | 3.87 | -0.03 | 0.53 | 221.31 | -5.98 | |
| TechCare Corp | TECR | 2.79 | -68 | -45.71 | 0 | 0 | -0.17 | 0 | 0.18 | ||
| Neutra Corp | NTRR | 0.44 | -75.95 | -0.61 | 0 | 0 | -0.31 | 0 | 0 | 0 | |
| FBEC Worldwide Inc | FBEC | 0.12 | -99.28 | -0.11 | 0.14 | 0 | 0 | 0 | -19.18 | -64.72 | |
| Hemp Inc | HEMP | 0 | -31.4 | 0 | 0 | 0 | |||||
| GreenGro Technologies Inc | GRNH | 0 | -38.11 | -0.74 | 0 | 0 | 2.5 | 871.17 | 488.77 | ||
| CannaGrow Holdings Inc | CGRW | 0 | -35.17 | 0 | 0 | 0 | |||||
| Ubiquitech Software Corp | UBQU | 0 | -62.29 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Medical Marijuana Inc | MJNA | 0 | -16.48 | 0 | 0 | 0 | -0.01 | 14.07 | 187.02 | 293.35 | |
| Novus Acquisition & Development Corp | NDEV | 0 | 7.62 | 0 | 0 | 0 | |||||
| Rocky Mountain High Brands Inc | RMHB | 0 | -76.86 | 0 | 0 | 0 | 0 | 0.02 | 0 | ||
| American Green Inc | ERBB | 0 | -14.29 | 0 | 0 | 0 | |||||
| Endexx Corp | EDXC | 0 | 7.77 | 0 | 0 | 0 | |||||
| Sourcer: Morningstar |
Largest cannabis growers in Canada and the U.S. and square footage of growing space, current and projected.
| Rank | Name of Grow Operation | Current Square Footage | Future Square Footage | Region | Location (City/State/Country) |
| 1 | Canopy Growth Corporation | 568,000 | 568,000 | Canada | Smith Falls, Ontario, Canada |
| 2 | 7 Acres | 304,920 | 304,920 | Canada | Kincardine, Ontario, Canada |
| 3 | Organigram | 227,500 | 227,500 | Canada | Moncton, New Brunswick, Canada |
| 4 | Aphria | 100,000 | 1,000,000 | Canada | Leamington, Ontario, Canada |
| 5 | Aurora MJ | 55,200 | 855,200 | Canada | Cremona, Alberta, Canada |
| 6 | MedReleaf | 55,000 | 265,000 | Canada | Markham, Ontario, Canada |
| 7 | Maricann | 44,000 | 217,500 | Canada | Langton, Ontario, Canada |
| 8 | CannTrust | 40,000 | 40,000 | Canada | Vaughan, Ontario, Canada |
| 9 | WeedMD | 26,000 | 26,000 | Canada | Aylmer, Ontario, Canada |
| 10 | AB Labs | 15,000 | 15,000 | Canada | Ontario, Canada |
| 11 | Delta 9 Biotech | 15,000 | 85,000 | Canada | Winnipeg, Manitoba, Canada |
| 1 | GrowHealthy | 200,000 | 200,000 | Eastern US | Lake Wales, Florida, USA |
| 2 | Revolution Enterprises | 151,040 | 151,040 | Eastern US | Chicago, Illinois, USA |
| 3 | Vireo Health NY | 40,000 | 60,000 | Eastern US | New York, New York, USA |
| 4 | Americann | 0 | 1,000,000 | Eastern US | Freetown, Massachusetts, USA |
| 1 | Copperstate Farms | 217,800 | 435,600 | Western US | Snowflake, Arizona, USA |
| 2 | Harvest Inc. | 208,800 | 208,800 | Western US | Tempe, Arizona, USA |
| 3 | West Edge LLC | 187,944 | 187,944 | Western US | Willcox, Arizona, USA |
| 4 | Reef Dispensaries (Tryke) | 165,000 | 665,000 | Western US | Las Vegas, Nevada |
| 5 | LivWell | 162,000 | 162,000 | Western US | Denver, Colorado, USA |
| 6 | Green Man Cannabis | 128,000 | 128,000 | Western US | Denver, Colorado, USA |
| 7 | Phat Panda Farms (Grow Op Farms) | 110,000 | 110,000 | Western US | Spokane, Washington, USA |
| 8 | Colorado Harvest Company | 62,000 | 62,000 | Western US | Denver, Colorado, USA |
| 9 | Essence Vegas | 54,000 | 54,000 | Western US | Las Vegas, Nevada, USA |
| 10 | R. Greenleaf Organics | 37,500 | 37,500 | Western US | Albuquerque, New Mexico, USA |
| 11 | Veritas Cannabis | 25,000 | 25,000 | Western US | Denver, Colorado, USA |
| 12 | Med Men | 4,100 | 49,100 | Western US | Culver City, California, USA |
| Source: Growers Network |
Think the marijuana stock market can be a big financial heavyweight? ArcView Market Research projects that the compounded annual growth rate of the green rush will be faster than cable TV in the 1990s. That’s a huge projection for a lucrative industry.
ArcView Market Research projects that the North American cannabis market will go from $6.7 billion in 2016 to $22.6 billion in 2021 with a CAGR of 27%.
“Very few consumer industry categories reach $5 billion in annual spending and then post anything like 25% compound annual growth across the following five years,” Arcview reported. “Cable television came close, growing 19% annually in the late 1980s as national networks like CNN and HBO proved to be wildly popular.
“Broadband internet subscription spending grew 29% per annum in the early 2000s as it became almost as much of a ‘must have’ utility as electricity or television for the modern home.”
According to Markets and Research the global medical marijuana market is projected to reach $55.8 billion by 2025.
The Forbes article goes on in greater detail about the potential and projected impact of marijuana stocks, most of the information from that article, we included in this one.
Additionally, we are covering all financial news and stock numbers related to the marijuana stock market, launching in 2018.
