Giggles N Dimples: The Top 12 Canadian Pot Stocks

Tuesday, September 18, 2018

The Top 12 Canadian Pot Stocks

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.