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154.23k followers • 18 symbols Watchlist by Yahoo Finance
Follow this list to discover and track the stock of publicly traded companies with exposure to cannabis
Curated by Yahoo Finance
Global spending on legal cannabis worldwide will hit $57 billion in a decade, according to Arcview Market Research and BDS Analytics. Driven by the legalization of recreational and medical cannabis and the increasing demand for both, legal cannabis revenue in the U.S. is projected to hit $23.4 billion by 2022. Yahoo Finance is now tracking the major players in the cannabis industry.How do we pick these stocks?
This is a curated list, powered by Yahoo Finance’s algorithm and intelligence from our millions of users as well as the Yahoo Finance editorial team. The list covers companies in horticulture, pharmaceutical research and ancillary businesses. We will continue to add names as corporations invest and pivot into the space.How are these weighted?
The stocks on this watchlist are weighted equally at the time they were added.
To learn what every company on this list is doing that involves cannabis, read this story.
|Watchlist||Change Today||1 Month Return||1 Year Return||Total Return|
|Symbol||Company Name||Last Price||Change||% Change||Market Time||Volume||Avg Vol (3 month)||Market Cap|
|ABBV||AbbVie Inc.||109.33||+0.42||+0.39%||4:02 p.m. EDT||4.62M||7.13M||193.21B|
|BUD||Anheuser-Busch InBev SA/NV||55.29||-1.06||-1.88%||4:00 p.m. EDT||4.38M||2.03M||109.68B|
|MO||Altria Group, Inc.||48.7||+0.03||+0.06%||4:04 p.m. EDT||5.94M||6.51M||89.81B|
|TAP||Molson Coors Beverage Company||45.62||-0.71||-1.53%||4:04 p.m. EDT||1.82M||1.59M||9.94B|
|SMG||The Scotts Miracle-Gro Company||148.35||-0.23||-0.15%||4:00 p.m. EDT||275.98k||393.43k||8.28B|
|WEED.TO||Canopy Growth Corporation||16.52||-0.45||-2.65%||4:00 p.m. EDT||1.59M||1.14M||6.50B|
|CGC||Canopy Growth Corporation||13.35||-0.35||-2.55%||4:00 p.m. EDT||5.34M||3.59M||5.25B|
|TLRY||Tilray, Inc.||10.24||-0.15||-1.44%||4:00 p.m. EDT||13.11M||18.09M||4.72B|
|CRON||Cronos Group Inc.||5.48||-0.05||-0.90%||4:00 p.m. EDT||1.73M||1.67M||2.04B|
|ACB||Aurora Cannabis Inc.||7.03||-0.23||-3.17%||4:00 p.m. EDT||2.75M||4.66M||1.39B|
|NBEV||NewAge, Inc.||1.47||-0.02||-1.34%||4:00 p.m. EDT||825.49k||999.97k||201.08M|
|CRBP||Corbus Pharmaceuticals Holdings, Inc.||1.02||-||-||4:00 p.m. EDT||523.54k||977.23k||127.74M|
|TGOD.TO||The Green Organic Dutchman Holdings Ltd.||0.17||-||-||4:00 p.m. EDT||19.70M||1.59M||89.95M|
|TGODF||The Green Organic Dutchman Holdings Ltd.||0.143||+0.00||+1.13%||3:56 p.m. EDT||303.43k||753.05k||75.67M|
|CANN||General Cannabis Corp||0.4048||+0.00||+1.23%||3:53 p.m. EDT||73.43k||80.33k||25.22M|
|MJ||ETFMG Alternative Harvest ETF||14.15||-0.25||-1.74%||4:00 p.m. EDT||1.35M||886.69k||-|
Admittedly, the average cash yield for dividend stocks in the S&P 500 is only 1.3%, and companies can theoretically end payouts anytime. Such conditions may not appeal to income investors when advisors like Charles Schwab believe retirees should save enough to withdraw 4% of their account value per year in retirement. Three examples which fit that bill are AbbVie (NYSE: ABBV), STORE Capital (NYSE: STOR), and Verizon Communications (NYSE: VZ) -- and they also pay rising dividends that even exceed Schwab's 4% recommended return.
Depsite its dreadful performance over the last two years, investors may still hold out a smudge of hope that things will turn around for Canada-based marijuana producer Aurora Cannabis (NASDAQ: ACB). After all, a cursory glance at its historical stock prices indicates that Aurora did make some investors wealthy in the past. Since it started selling medical cannabis in the first quarter of 2016, Aurora's share price rose by as much as 2,400% through early 2018.
It's an understatement to say Warren Buffett knows a thing or two about investing. Few if any CEOs have generated such high returns as consistently and for as long as Buffett has. Although his total returns have actually lagged well behind the S&P 500 for the past decade, that's really a more recent phenomenon and a result of the pandemic dramatically dragging down his holdings.