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Cannabis seed companies stock

Headlines on the fledgling marijuana industry.

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Cannabis company that DEA is allowing to grow for research purposes to list shares on Nasdaq

Ticker Name Last Chg Chg %
ACB Aurora Cannabis Inc. $3.87 -0.17 -4.21%
CRON Cronos Group Inc. $3.94 -0.07 -1.75%
WEED Canopy Growth Corp. $7.78 -0.02 -0.26%
TLRY Tilray Brands Inc. Cl 2 $5.18 -0.05 -0.96%

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Top Marijuana Stocks for May 2022

HYFM, AYR.A.CX, IIPR are top for value, growth, and performance, respectively

Matthew Johnston has more than 5 years writing content for Investopedia. He is an expert on company news, market news, political news, trading news, investing, and the economy. He received his bachelor’s degree in interdisciplinary studies from St. Stephen’s University and his master’s degree in economics at The New School for Social Research. He teaches macroeconomics at St. Stephen’s University.

The marijuana industry is made up of companies that either support or are engaged in the research, development, distribution, and sale of medical and recreational marijuana. Cannabis has begun to gain wider acceptance and has been legalized in a growing number of nations, states, and other jurisdictions for recreational, medicinal, and other uses. Some of the biggest companies in the marijuana industry include Canopy Growth Corp., Cronos Group Inc., and Tilray Inc. Many big marijuana companies have continued to post sizable net losses as they focus on investing in equipment to speed up revenue growth.

Marijuana stocks, as represented by the ETFMG Alternative Harvest ETF (MJ), have dramatically underperformed the broader market. MJ has provided a total return of -56.1% over the past 12 months, well below the Russell 1000’s total return of 6.4%. These market performance numbers and all statistics in the tables below are as of April 19, 2022.

Below we look at the top five marijuana stocks with the best value, the fastest growth, and the best performance.

Best Value Marijuana Stocks

These are the marijuana stocks with the lowest 12-month trailing price-to-sales (P/S) ratio. For companies in the early stages of development or industries suffering from major shocks, this can be substituted as a rough measure of a business’s value. A business with higher sales could eventually produce more profit when it achieves (or returns to) profitability. The P/S ratio shows how much you’re paying for the stock for each dollar of sales generated.

Best Value Marijuana Stocks
Price ($) Market Cap ($B) 12-Month Trailing P/S Ratio
Hydrofarm Holdings Group Inc. (HYFM) 12.15 0.5 1.1
GrowGeneration Corp. (GRWG) 7.66 0.5 1.1
Village Farms International Inc. (VFF) 4.52 0.4 1.4
Ayr Wellness Inc. (AYR.A.CX) CA$12.62 CA$0.8 1.6
Cresco Labs Inc. (CL.CX) CA$6.98 CA$2.0 1.8
  • Hydrofarm Holdings Group Inc.: Hydrofarm Holdings Group is a holding company that, through its subsidiaries, makes and distributes hydroponic products to customers throughout the U.S., Canada, and Europe. The company offers hundreds of brands. It has a total of nine distribution centers, offering a product line of more than 5,000 items.
  • GrowGeneration Corp.: GrowGeneration is a distributor of agricultural products and one of the largest hydroponics suppliers in the country, operating retail hydroponic and organic specialty gardening retail outlets. Though GrowGeneration is not a pure-play cannabis company, many of its products are used in cannabis cultivation. It sells thousands of products, including plant nutrients, farming soils, advanced lighting technology, and hydroponic and aquaponic equipment. It owns and operates 63 retail and distribution centers.
  • Village Farms International Inc.: Village Farms International is a Canada-based vertically integrated greenhouse produce company. The company produces cannabis in addition to growing, producing, and distributing fresh produce to national grocers in North America. The company’s brands include: Village Farms Fresh, a vertically integrated greenhouse grower; Pure Sunfarms, a cannabis producer; ROSE LifeScience, a cannabis producer and distributor; Balanced Health Botanicals, a CBD brand with an e-commerce platform; Village Fields Hemp, a hemp grower; and VF Clean Energy, a subsidiary that converts landfill gas to clean energy.
  • Ayr Wellness Inc.: Ayr Wellness is a cannabis company involved in the cultivation, manufacturing, and dispensing of cannabis and cannabis-derived products. The company’s product portfolio includes flowers, seltzers and tinctures, edibles and vape products under brands including Kynd, Origyn, Stix Preroll Co., Levia, Road Tripper, Entourage, Haze, Wicked, Secret Orchard, and Cannapunch. Ayr Wellness also trades over the counter (OTC) in the U.S. under the ticker AYRWF. The company announced in mid-February that it has completed its acquisition of Cultivauna LLC, owner of Levia-branded cannabis infused seltzers and water-soluble tinctures, for $20 million in upfront consideration. Under the terms of the transaction, which was first announced in September 2021, an earnout payment of up to an additional $40 million will be paid in shares depending on whether certain revenue targets in 2022 and 2023 are achieved.
  • Cresco Labs Inc.: Cresco Labs grows, manufactures, distributes, and packages cannabis products. The company operates in 10 states, including production facilities and dispensaries. Its brands include Cresco, Reserve, Remedi, High Supply, Wonder Wellness Co., Mindy’s, Good News, Sunnyside, and FloraCal Farms. Cresco Labs’ stock also trades OTC in the U.S. under the ticker CRLBF. The company announced in late March that it has agreed to acquire Columbia Care Inc., a cultivator and manufacturer of cannabis products and related services, for approximately $2.0 billion. The transaction is expected to close in the fourth quarter of 2022.

Fastest Growing Marijuana Stocks

These are the marijuana stocks with the highest year-over-year (YOY) sales growth for the most recent quarter. Rising sales can help investors identify companies that are able to grow revenue organically or through other means, and find growing companies that have not yet reached profitability. In addition, earnings per share can be significantly influenced by accounting factors that may not reflect the overall strength of the business. However, sales growth can also be potentially misleading about the strength of a business, because growing sales on money-losing businesses can be harmful if the company has no plan to reach profitability.

Fastest Growing Marijuana Stocks
Price ($) Market Cap ($B) Revenue Growth (%)
Ayr Wellness Inc. (AYR.A.CX) CA$12.62 CA$0.8 126.3
OrganiGram Holdings Inc. (OGI) 1.60 0.5 118.0
Verano Holdings Corp. (VRNO.CX) CA$10.70 CA$2.2 106.0
Jushi Holdings Inc. (JUSH.CX) CA$3.60 CA$0.7 104.9
Trulieve Cannabis Corp. (TRUL.CX) CA$22.96 CA$4.2 75.3
  • Ayr Wellness Inc.: See above for company description.
  • OrganiGram Holdings Inc.: OrganiGram Holdings is a Canada-based producer of medical and recreational cannabis focused on producing high-quality, indoor-grown cannabis. It is the parent company of Organigram Inc., a producer of cannabis products, and The Edibles and Infusions Corp., a cannabis-infused, soft-chew and confectionary manufacturer. Its brands include The Edison Cannabis Co., Indi, Bag o’ Buds, SHRED, and Trailblazer. OrganiGram’s stock also trades in Canada on the TSX under the ticker OGI.TO. On April 12, the company reported results for Q2 of its 2022 fiscal year (FY), the three-month period ended Feb. 28, 2022. The company said its net loss narrowed dramatically to $4.0 million from $66.4 million as net revenue more than doubled. OrganiGram Holdings said it grew its market share among Canadian licensed producers to 8.2% in February, and remained the top market share spot in dried flower.
  • Verano Holdings Corp.: Verano Holdings is a vertically integrated, multistate cannabis operator. The company produces a wide range of medical and adult-use cannabis products, which it sells through its portfolio of brands, including: Verano, Avexia, Encore, and MÜV. It owns and operates 15 cultivation facilities and 113 retail locations in a number of states throughout the U.S. (the number of cultivation facilities and retail locations includes those operated and owned by two pending acquisitions). The company’s stock also trades OTC in the U.S. under the ticker VRNOF. Verano announced in early February that it has agreed to acquire Goodness Growth Holdings Inc., a holding company whose subsidiaries include Vireo Health, a multistate cannabis company, and Resurgent Biosciences Inc., a science and intellectual property incubator. The deal gives Verano Holdings access to the New York, New Mexico, and Minnesota markets. The all-share transaction is valued at approximately $413 million. Verano Holdings did not say when the transaction is expected to be completed.
  • Jushi Holdings Inc.: Jushi Holdings is a holding company focused on branded cannabis and hemp-based assets. The company is engaged in retail, distribution, cultivation, and processing operations. Its brands include: The Bank, focused on plant genetics and cultivation; The Lab, specializing in vape products and concentrates; Nira, a maker of hemp-based CBD products that are physician formulated; Nira+, a producer of medicinal THC products; Sèche, which offers various branded ground and flower cannabis products; and Tasteology, a provider of THC-infused products. Jushi also trades OTC in the U.S. under the ticker JUSHF. The company announced in early April that it has closed its acquisition of NuLeaf Inc. for $53.6 million. NuLeaf owns three medical retail dispensaries, a cultivation facility, and a processing facility in Nevada.
  • Trulieve Cannabis Corp.: Trulieve Cannabis is a vertically integrated cannabis company and multi-state operator. The company operates across 11 states, with leading market positions in Arizona, Florida, and Pennsylvania. It operates a variety of cannabis brands, including the Cultivar Collection, Muse, Blue River, Trulieve Core, Sweet Talk, and Momenta. Trulieve also trades OTC in the U.S. under the ticker TCNNF. The company announced in mid-February that it has completed its acquisition of a 64,000 square foot cultivation facility in Phoenix for upfront consideration of $13.8 million. The transaction includes potential milestone payments that are subject to earnout and escrow requirements.

Marijuana Stocks with the Best Performance

Momentum investing is a factor-based investing strategy in which you invest in a stock whose price has risen faster than the market has as a whole. Momentum investors believe that stocks that have outperformed the market will often continue to do so because the factors that caused them to outperform will not suddenly disappear. In addition, other investors, seeking to benefit from the stock’s outperformance, will often purchase the stock, further bidding its price higher and pushing the stock higher still. These are the marijuana stocks that had the smallest declines in total return over the past 12 months out of the companies we looked at.

Marijuana Stocks with the Best Performance
Price ($) Market Cap ($B) 12-Month Trailing Total Return (%)
Innovative Industrial Properties Inc. (IIPR) 164.32 4.2 -6.5
Green Thumb Industries Inc. (GTII.CX) CA$21.00 CA$4.9 -38.1
OrganiGram Holdings Inc. (OGI) 1.60 0.5 -38.5
Sundial Growers Inc. (SNDL) 0.56 1.1 -40.8
4Front Ventures Corp. (FFNT.CX) CA$0.90 CA$0.6 -42.3
Russell 1000 N/A N/A 6.4
ETFMG Alternative Harvest ETF (MJ) N/A N/A -56.1
  • Innovative Industrial Properties Inc.: Innovative Industrial Properties (IIP) is a real estate investment trust (REIT) that engages in the acquisition, disposition, development, and management of industrial facilities leased to tenants in the regulated cannabis industry. The company’s portfolio consists of specialized industrial and greenhouse buildings leased to state-licensed cannabis operators across the U.S. IIP announced in mid-April that it has acquired a Maryland property consisting of approximately 84,000 square feet of industrial and greenhouse space for $25.0 million. With the closing of the transaction, the company also entered into a long-term, triple-net lease agreement for the property with a subsidiary of Maryland Cultivation and Processing LLC. The subsidiary plans to continue operating the property as a regulated cannabis cultivation facility.
  • Green Thumb Industries Inc.: Green Thumb Industries is a consumer-packaged cannabis products company and retailer. It manufactures and distributes a variety of branded cannabis products through its portfolio of brands, including Beboe, Dogwalkers, Dr. Solomon’s, Good Green, incredibles and RYTHM. The company also owns and operates retail cannabis stores called Rise. Green Thumb has 17 manufacturing facilities and scores of retail locations, with operations across 15 U.S. markets. The company’s stock also trades OTC in the U.S. under the ticker GTBIF.
  • OrganiGram Holdings Inc.: See above for company description.
  • Sundial Growers Inc.: Sundial Growers is a Canada-based diversified cannabis company engaged in the cultivation, manufacturing and processing, and retailing of various cannabis products. The company focuses on inhalables for the Canadian adult-use market. Its branded products are available in flower, vape, pre-roll, and other forms. The company’s brands include Sundial, Top Leaf, Palmetto, and Grasslands. Sundial Growers announced in late March that it has completed its acquisition of Alcanna Inc. for CA$320 million ($256 million). Alcanna is one of the largest retailers of alcohol in North America and it also has a majority ownership of Nova Cannabis, which operates 78 cannabis retail stores in Canada.
  • 4Front Ventures Corp.: 4Front Ventures owns and operates cannabis cultivation and production facilities. It cultivates marijuana, produces cannabis flower, edibles, and oil-based products, and distributes its products via medical dispensaries or adult-use stores. The company owns and operates production and retail facilities across five U.S. states. It produces more than 32 tons of cannabis per year and owns over 20 brands offering more than 1,800 unique product lines. 4Front’s stock also trades OTC in the U.S. under the ticker FFNTF. The company announced in late March that it has agreed to acquire Island Cannabis Co., a producer of pre-rolls, flower, and concentrate products. Financial terms of the transaction were not disclosed.
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The comments, opinions, and analyses expressed herein are for informational purposes only and should not be considered individual investment advice or recommendations to invest in any security or to adopt any investment strategy. Though we believe the information provided herein is reliable, we do not warrant its accuracy or completeness. The views and strategies described in our content may not be suitable for all investors. Because market and economic conditions are subject to rapid change, all comments, opinions, and analyses contained within our content are rendered as of the date of the posting and may change without notice. The material is not intended as a complete analysis of every material fact regarding any country, region, market, industry, investment, or strategy.

US Cannabis Stocks

Canadian companies dominate the global cannabis market, but US cannabis stocks show much potential for savvy investors.

The marijuana industry continues to expand, leaving investors with an abundance of options. While Canada remains the hotbed of the cannabis investing world, US cannabis stocks are seeing a rush of interest.

Despite its nebulous federal status, cannabis is flourishing in the US. Companies largely act as multi-state operators (MSOs), owning assets in states where the drug is legal. Others have investments or partnerships.

For those interested in the growing cannabis investment arena, here the Investing News Network offers a look at a variety of publicly traded US cannabis stocks on American exchanges. The list includes US cannabis stocks that are operating in the industry or are involved in the marijuana space through other relationships. Companies are divided by their respective exchanges. Read on to learn more.


The cannabis companies listed on the NYSE and NYSEAMERICAN represent a mix of pure cannabis plays and established companies that have gained exposure to the marijuana market in one way or another.

Due to federal restrictions on cannabis in the US, the companies on these exchanges can’t be directly involved with the marijuana market in the country by way of touching the cannabis plant itself.

22nd Century Group (NYSEAMERICAN:XXII)

This biotech company is working on the development of genetically modified cannabis plants thanks to a sublicense agreement with Anandia Laboratories, an Aurora Cannabis (NYSE:ACB,TSX:ACB) subsidiary.

Altria Group (NYSE:MO)

As one of the largest tobacco companies, Altria Group manages a portfolio of assets across the globe. The company secured its stake in the marijuana industry with an investment deal signed with Cronos Group (NASDAQ:CRON,TSX:CRON).

Anheuser Busch InBev (NYSE:BUD)

This beverage maker gained an entry to the cannabis space thanks to a partnership to develop marijuana-infused drinks with Tilray (NASDAQ:TLRY).

Aurora Cannabis (NYSE:ACB,TSX:ACB)

Aurora Cannabis is a leading producer of marijuana in Canada and has global operations. The company has acquired players involved in all parts of the supply chain and the development of marijuana technology.


This cannabidiol (CBD) company makes THC-free hemp-based products, including oils, gummies, capsules and creams. It has offerings for people, as well as dogs and cats.

Constellation Brands (NYSE:STZ)

The beverage maker behind Corona beer has a play in the cannabis market thanks to its investment and ownership stake in Canopy Growth (NASDAQ:CGC,TSX:WEED).


Similar to its peers, HEXO was able to secure a partnership with an established beverage maker to develop cannabis-infused drinks. It has a joint venture with Molson Coors Beverage Company (NYSE:TAP).

India Globalization Capital (NYSEAMERICAN:IGC)

An investment holding company, India Globalization Capital focuses on the infrastructure and life science sectors. The company has an established hemp and CBD product distribution network in the US market.

Innovative Industrial Properties (NYSE:IIPR)

Innovative Industrial Properties is a real estate investment trust (REIT) that signs lease deals for the use of facilities in the medical cannabis space. As a REIT, the company operates in the cannabis space, but does not touch the cannabis plant in any way.

Molson Coors Beverage Company (NYSE:TAP)

Molson Coors Beverage Company is another beverage maker that gained an entry to the cannabis market through a partnership. The firm will aid in the development of cannabis-infused drinks for the legal Canadian market as part of its joint venture with HEXO (NYSE:HEXO,TSX:HEXO).

PerkinElmer (NYSE:PKI)

PerkinElmer is focused on diagnostics and life science research, as well as food, environmental and industrial testing. Its reach extends into cannabis and hemp testing solutions.


As its name suggests, Power REIT is another REIT. It owns real estate assets related to controlled environmental agriculture, including greenhouse cannabis cultivation.

Scotts Miracle-Gro Company (NYSE:SMG)

As one of the biggest sellers of lawn and garden products, this company has found a way to gain from the cannabis market by offering services for growers without being directly involved in the industry.


The NASDAQ offers investors access to top-line companies with proven track records and performance. The mix of companies here also includes a few Canadian cannabis firms.


Tech company Akerna’s MJ Platform offers an enterprise resource planning system to the cannabis industry, allowing companies to connect data points along the global cannabis supply chain.


Aphria was one of the first companies to reach the TSX and help solidify the growth of the marijuana industry. After undergoing a management change, the firm has maintained its attention to scale, growing operations and its international ventures.


Canopy Growth is one of the largest leading Canadian cannabis producers, with investments across the entire sector. The firm has a significant investment from alcohol maker Constellation Brands (NYSE:STZ).

Cara Therapeutics (NASDAQ:CARA)

Cara Therapeutics is a biotechnology company focusing on the development of pharmaceutical products aimed at pain management. The company has a synthetic cannabinoid drug in its pre-clinical pipeline.

Corbus Pharmaceuticals Holdings (NASDAQ:CRBP)

This late clinical-stage pharmaceutical company is using novel therapeutics to treat inflammatory and fibrotic diseases with its pipeline of drug candidates targeting the endocannabinoid system.


Cronos Group is a leading marijuana firm with a blockbuster investment deal from Altria Group (NYSE:MO), one of the biggest tobacco producers in the world. The firm, like many other producers, has expressed interest in entering the US cannabis market at an appropriate time.


FSD Pharma is a cannabis company that is undertaking research and development of cannabinoid treatments for serious diseases. A subsidiary of the company holds a cultivation license in Canada.

Greenlane Holdings (NASDAQ:GNLN)

Greenlane Holdings is one of the largest global sellers of premium cannabis accessories, CBD and liquid nicotine products.

GrowGeneration (NASDAQ:GRWG)

This online discount superstore sells hydroponic supplies, grow lights, plant nutrients, soil and media products in states where cannabis is legal. It operates the largest chain of specialty hydroponic and organic garden centers in the US.

GW Pharmaceuticals (NASDAQ:GWPH)

Established in 1998, GW Pharmaceuticals is best known for Epidiolex, a treatment for rare types of epilepsy that was the first cannabis-based drug in the world to gain market approval.

Hydrofarm Holdings (NASDAQ:HYFM)

California-based Hydrofarm Holdings designs, manufactures and distributes hydroponics equipment and supplies for controlled environment agriculture.


IM Cannabis is an Israel-based cannabis operator that offers medical products in the country and holds a subsidiary in Germany to distribute its offerings in the European market.

InMed Pharmaceuticals (NASDAQ:INM,TSX:IN)

InMed Pharmaceuticals operates as a biopharmaceutical company, but its focus is set on the development of CBD-based therapeutics for disease treatment. Its pipeline has three candidates.

Lexaria Bioscience (NASDAQ:LEXX,CSE:LXX)

Lexaria Bioscence states that its patented DehydraTECH technology improves the efficacy of orally administered bioactive molecules, including antiviral drugs, nicotine, cannabinoids, vitamins, non-steroidal anti-inflammatory drugs and other molecules.

Marrone Bio Innovations (NASDAQ:MBII)

Marrone Bio Innovations is an agricultural company focused on environmentally sustainable farming practices through the discovery, development and sale of bio-based products for pest management and crop health.

Neptune Wellness Solutions (NASDAQ:NEPT,TSX:NEPT)

Neptune Wellness Solutions is a company working in the extraction market alongside the marijuana space for novelty products. The firm also produces cannabis capsules using Licaps technology.


Colorado-based organic and healthy products company NewAge is aiming to become one of the world’s leading social selling and distribution companies. Its offerings include CBD products.

Organigram Holdings (NASDAQ:OGI,TSX:OGI)

Organigram Holdings is an indoor grower of cannabis and a supplier for the medical and recreational markets in Canada. Like other leading producers, the firm has plans for expansion on an international scale.

Sundial Growers (NASDAQ:SNDL)

Sundial Growers produces and markets cannabis products, including flower, pre-rolls and vapes, for the adult-use market in Canada.


Tilray is one of the biggest cannabis companies in the world. As a producer, the firm manages assets in Canada, where it offers medical and recreational products. Tilray also holds international operations and has an established partnership with beverage maker Anheuser Busch InBev (NYSE:BUD).

Village Farms International (NASDAQ:VFF,TSX:VFF)

Village Farms International is a vertically integrated greenhouse grower across North America. The company wholly owns BC-focused cannabis producer Pure Sunfarms.

Zynerba Pharmaceuticals (NASDAQ:ZYNE)

Zynerba Pharmaceuticals is a clinical-stage company developing pharmaceutically produced transdermal cannabinoid therapies for rare and near-rare neuropsychiatric disorders.


OTC Markets Group organizes listed securities into three markets based on the quality and quantity of information companies disclose. Coined “the best market,” the OTCQX is the top tier for over-the-counter stock trading.

4Front Ventures (OTCQX:FFNTF,CSE:FFNT)

US-focused 4Front Ventures intends to build upon its proven operations in Washington state through experienced leadership, a strategic asset base and a commitment to operational excellence.

Acreage Holdings (OTCQX:ACRHF,CSE:ACRG.A.U)

Acreage Holdings is one of the largest MSOs. The company has an acquisition deal with Canopy Growth (NASDAQ:CGC,TSX:WEED) that will take effect once marijuana becomes federally legal in the US.

Aleafia Health (OTCQX:ALEAF,TSX:AH)

Aleafia Health has a direct focus on the health and wellness space and its relationship with cannabis products.

Auxly Cannabis Group (OTCQX:CBWTF,TSX:XLY)

Founded by Chuck Rifici, co-founder of Tweed, Auxly Cannabis Group operates as a cannabis streaming investment firm looking to boost various plays related to the sector.


This company is focused on the cultivation of non-psychoactive cannabis plants to produce CBD extracts. It sells its products through the Pura Elements and Pura Earth brand names.


Ayr Wellness operates as a vertically integrated MSO in the US cannabis sector with assets in Nevada and Massachusetts.

C21 Investments (OTCQX:CXXIF,CSE:CXXI)

C21 Investments is a vertically integrated cannabis company with a direct focus on the US market thanks to its operations in Oregon.

Cardiol Therapeutics (OTCQX:CRTPF,TSX:CRDL)

Cardiol Therapeutics is a clinical-stage biotechnology company focused on developing innovative therapies for inflammatory heart disease. It has a leadership position in CBD-based cardioprotective therapies.

Charlotte’s Web Holdings (OTCQX:CWBHF,TSX:CWEB)

This Colorado company operates as a hemp producer distributing novelty products in the legal US market.


Columbia Care is an MSO that is present in 15 jurisdictions in the US cannabis market, including marijuana shops and growing facilities.


One of the leading MSOs in the public space, Cresco Labs has gained the attention of investors and analysts thanks to its rapid expansion across legal state cannabis markets.

Curaleaf Holdings (OTCQX:CURLF,CSE:CURA)

Curaleaf Holdings is another leading MSO in the public markets. It operates a large portfolio of cannabis assets across the legal US state markets.

Delta 9 Cannabis (OTCQX:DLTNF,TSX:DN)

This Manitoba-based Canadian cannabis producer has established a retail presence in its home province. The firm has worked on partnerships to develop and use novel cannabis delivery methods.

Emerald Health Therapeutics (OTCQX:EMHTF,TSXV:EMH)

This Canadian cannabis company states that it is committed to creating new consumer experiences via distinct recreational, medical and wellness-oriented cannabis products with an emphasis on innovation, science and product excellence.


Eve & Co. is a Canadian cannabis producer that, thanks to its subsidiary Natural MedCo, is seeking to target women consumers with premier brands.


With an ineterest in medical and recreational cannabis products, Fiore Cannabis’ portfolio includes cultivation, production and retail offerings in Nevada and California.

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Fire & Flower Holdings (OTCQX:FFLWF,TSX:FAF)

Fire & Flower Holdings is a Canadian licensed cannabis retailer that owns or has interests in cannabis retail store licenses in various provinces and territories in the country.

Flower One Holdings (OTCQX:FLOOF,CSE:FONE)

Flower One Holdings is a cannabis company based in Nevada with full-service cultivation operations, all the way into processing and packaging. The company manages key retail brands to expand its business.

The Green Organic Dutchman Holdings (OTCQX:TGODF,TSX:TGOD)

The Green Organic Dutchman Holdings promises the benefits of organic cannabis production and cost-effective operations. The company touts an international portfolio with operations in Europe and Latin America.

Green Thumb Industries (OTCQX:GTBIF,CSE:GTII)

Green Thumb Industries is a Chicago-based MSO with cannabis operations across the US legal state markets, including its dispensary network.


Harborside is a California-focused cannabis company with retail, production and cultivation operations built around recognized brands.

Harvest Health & Recreation (OTCQX:HRVSF,CSE:HARV)

This MSO has a significant footprint across the US marijuana market through the management of cultivation and retail assets in legal state markets.

HempFusion Wellness (OTCQX:CBDHF,TSX:CBD.U)

Colorado-based HempFusion Wellness specializes in full-spectrum CBD hemp extract distribution and development for the US cannabis market.

Heritage Cannabis Holdings (OTCQX:HERTF,CSE:CANN)

This cannabis company has completed a variety of acquisitions to pursue its target of becoming a vertically integrated operator with cultivation, extraction and branding assets.

Ignite International Brands (OTCQX:BILZF,CSE:BILZ)

Founded by Dan Bilzerian, Ignite International Brands’ offerings include CBD products, along with nicotine and synthetic nicotine vape products, premium performance drinks and more.


INDIVA is a licensed producer of premium cannabis and cannabis products. Its offerings include premium cannabis edibles, capsules, whole flower and pre-rolls; the company also provides production and manufacturing services to peer entities.

Khiron Life Sciences (OTCQX:KHRNF,TSXV:KHRN)

Vertically integrated Khiron Life Sciences has operations in Colombia, Uruguay and Chile, as well as a presence in Peru and Mexico. It has cultivation capabilities in multiple jurisdictions, and is engaged in the production, distribution, marketing and export of THC and CBD products.

KushCo Holdings (OTCQX:KSHB)

KushCo Holdings is an ancillary cannabis play as it provides services across the cannabis market. Its subsidiaries offer packaging items, accessories, vaporizer products and even pure hydrocarbons.


Lowell Farms is a US-based, vertically integrated cannabis company with producing operations. It also oversees the development of branded products.


MediPharm Labs is a cannabis extraction company working on offering pharma-grade cannabis oils and concentrates to be used for infused products. The firm expects to process 250,000 kilograms of dry cannabis per year for extraction.

MedMen Enterprises (OTCQX:MMNFF,CSE:MMEN)

MedMen Enterprises is an MSO that has gained the attention of the California market thanks to its dispensaries and popular marketing. It has operations across the US and wants to expand the reach of its brand.

Mercer Park Brand Acquisition (OTCQX:MRCQF)

This special purpose acquisition company is looking for acquisitions in the cannabis space or adjacent to the industry. The firm is not limited to only cannabis acquisitions.

MJardin Group (OTC Pink:MJARF,CSE:MJAR)

MJardin Group is a cannabis management platform company operating over 30 cannabis operations.

MustGrow Biologics (OTCQX:MGROF,CSE:MGRO)

MustGrow Biologics is an agricultural biotech company focused on developing and commercializing its unique natural biopesticide, which acts as a pesticide, fumigant, fertilizer, nematocide and fungicide. The company is targeting the fruit, vegetable and cannabis industries.

Next Green Wave Holdings (OTCQX:NXGWF,CSE:NGW)

Next Green Wave Holdings is a vertically integrated cannabis company with producing assets and a portfolio of brands in California.

The Parent Company (TPCO Holding) (OTCQX:GRAMF,NEO:GRAM.U)

The Parent Company is a vertically integrated cannabis company that brings together global icon and entrepreneur Shawn “Jay-Z” Carter, entertainment powerhouse ROC Nation, California’s leading direct-to-consumer platform Caliva and Left Coast Ventures, a cannabis and hemp manufacturer.


Pharmacielo is a cannabis company originally from Colombia that is raising capital in the Canadian markets. It is headquartered in Canada, but grows marijuana in Rionegro, Colombia.

Planet 13 Holdings (OTCQX:PLNHF,CSE:PLTH)

This cannabis company has a specific focus on the Nevada market with cultivation and retail assets. The firm manages a mega-store dispensary in Las Vegas, and plans to develop another shop in California.


Plus Products specializes in producing and developing branded edible products for the California market.

Red White & Bloom Brands (OTCQX:RWBYF,CSE:RWB)

Red White & Bloom Brands is a cannabis MSO that is active in the US legal cannabis and hemp sectors. The company is predominantly focused on major US cannabis markets, including Michigan, Illinois, California, Oklahoma, Arizona and Massachusetts.

Rubicon Organics (OTCQX:ROMJF,TSXV:ROMJ)

Rubicon Organics is a Canada-based cannabis producer focused on organic and premium growth out of its BC facility. The company also participates in the US market with the management of two brands and a presence in the Washington state marijuana space.

Skylight Health Group (OTCQX:SHGFF,TSXV:SHG)

Skylight Health Group is a cloud-based cannabis healthcare services and tech company that connects patients, physicians and suppliers for assessment, qualification, registration and access to medication.


Stem Holdings is a vertically integrated cannabis company with assets in Nevada, Oklahoma and Oregon. The firm oversees a variety of brands in the US market.

The Supreme Cannabis Company (OTCQX:SPRWF,TSX:FIRE)

The Supreme Cannabis Company has earned a reputation as a dedicated producer with operations growing at a steady scale. This company has a focus on brand development and an interest in international plays.


TerrAscend is a vertically integrated operator of cannabis assets in North America with investments in the Canadian and US cannabis markets.

Terra Tech (OTCQX:TRTC)

Terra Tech is a vertically integrated cannabis-focused agriculture company overseeing cultivation operations alongside its retail and recreational brands.


This cannabis company holds cultivation assets in Canada and works on the development of new scientific research for its medical products.


TILT Holdings is a vertically integrated technology company offering business to the cannabis industry through its software platform.

Tinley Beverage Company (OTCQX:TNYBF,CSE:TNY)

Tinley Beverage Company is developing hemp-infused drinks and supplements for the US market.

Trulieve Cannabis (OTCQX:TCNNF,CSE:TRUL)

MSO Trulieve Cannabis is based in Florida with a leading position in the sunshine state. The firm has expressed an interest in expanding with acquisitions in California and Massachusetts.

The Valens Company (OTCQX:VLNCF,TSX:VLNS)

The Valens Company is a firm capitalizing on the ancillary market of cannabis extraction. Valens offers extraction services capable of managing 425,000 kilograms of dried cannabis and hemp.

Verano Holdings (OTCQX:VRNOF,CSE:VRNO)

This vertically integrated MSO produces a suite of premium cannabis products sold under its portfolio of consumer brands. It has active operations in 11 states, including dispensaries and production facilities.


Vext Science is a US-based THC and hemp cannabinoid products company manufacturing THC cartridges, concentrates, edibles and accessories under the Vapen brand. It also makes hemp-based products under the Pure Touch Botanicals brand, as well as the Vapen brand.

Vireo Health International (OTCQX:VREOF,CSE:VREO)

Vireo Health International is looking to expand its suite of assets as an MSO in the US cannabis market. The firm manages greenhouses, sells its own branded products and operates retail assets.


VIVO Cannabis is an Ontario-based cannabis producer selling products to patients and appealing to higher-end recreational consumers in Canada through its proprietary premium brands.


WeedMD is a Canadian cannabis producer making products for the medical and recreational markets.


Described as “the venture market,” the OTCQB is the middle level for the over-the-counter exchanges. It is designed for companies at an early stage of development looking to offer investors exposure to new markets.

1933 Industries (OTCQB:TGIFF,CSE:TGIF)

This vertically integrated company operates assets in both the Canadian and US cannabis markets, focusing on the cultivation, extraction and production of hemp-derived items.

Affinor Growers (OTCQB:RSSFF,CSE:AFI)

This company offers agricultural technology to clients looking to improve their food-growing businesses. As part of its cannabis operations, the firm offers specialized lights for the growing of marijuana.

Australis Capital (OTCQB:AUSAF,CSE:AUSA)

A spinoff from Aurora Cannabis (NYSE:ACB,TSX:ACB), this firm is designed to invest in the overall cannabis market, including operations in the US and internationally.


While Avricore Health operates as a healthcare technology company, in 2017 the firm made a deal with Emerald Health Therapeutics (OTCQX:EMHTF,TSXV:EMH) for the right to develop and sell endocannabinoid products in Canada to licensed pharmacies.

BetterLife Pharma (OTCQB:BETRF,CSE:BETR)

BetterLife Pharma, a biopharmaceutical company, has a subsidiary exploring the research of cannabinoid-based nutraceutical and pharmaceutical items.

Better Plant Sciences (OTCQB:VEGGF,CSE:PLNT)

Better Plant Sciences is a vertically integrated company that offers a collection of high-efficacy, plant-based products for optimum health and wellness.

BevCanna Enterprises (OTCQB:BVNNF,CSE:BEV)

As its name indicates, this company is focused on the development of cannabis-infused beverages for consumers, and on the development of the brands attached to these drinks.


Bhang has a portfolio of over 50 cannabis, CBD and terpene products, including gourmet chocolates, pre-rolls, CBD isolate and Hempsticks. Its award-winning chocolates are top sellers in Canada and the US.


Thanks to its subsidiaries, this company has a cultivation-to-distribution business model with its cannabis operations in Atlantic Canada.

Blueberries Medical (OTCQB:BBRRF,CSE:BBM)

This international cannabis company is a producer in Latin America with licensed operations in Colombia and new assets in Argentina.


Thanks to its Nevada-based subsidiary, this company grows marijuana for its brand of products, including dried flower, oil extracts and edible items.


This company operates in Canada and the US thanks to its operations in Quebec and the start of branded hemp-derived CBD products.

Canntab Therapeutics (OTCQB:CTABF,CSE:PILL)

This Ontario-based oral dosage formulation company researches and develops advanced pharmaceutical-grade formulations of cannabinoids.


Florida-headquartered Cansortium operates under the Fluent brand, and is focused on being the highest-quality cannabis company in the state. It also has licenses and operations in Texas, Michigan and Pennsylvania.

Chemistree Technology (OTCQB:CHMJF,CSE:CHM)

This cannabis investment company looks for exposure to the US cannabis market and seeks to offer turnkey solutions for the legal industry.


Choom Holdings is a retail operator of marijuana dispensaries in Canada looking to leverage its expertise with new stores in North America.

Christina Lake Cannabis (OTCQB:CLCFF,CSE:CLC)

Christina Lake Cannabis is a licensed cannabis producer in British Columbia that offers sun-grown cannabis flower, oil cannabinoids and hemp-based extracts and derivatives to the domestic and international markets.

City View Green Holdings (OTCQB:CVGRF,CSE:CVGR)

This early stage cannabis company seeks to operate a growth, extraction, production and retail business cycle model with vertical integration.


This cannabis company holds a dispensary operation in Nevada and is targeting an entry to Massachusetts. The firm credits its proprietary extraction technology for its results.

Codebase Ventures (OTCQB:BKLLF,CSE:CODE)

Codebase Ventures bills itself as a company that makes strategic investments in emerging sectors and markets, including cannabis, technology and select cryptocurrencies.


This Canadian cannabis company offers services to processing entities in the marijuana space.

Elixinol Global (OTCQB:ELLXF,ASX:EXL)

Elixinol Global is a producer of hemp-derived CBD oils for use in the medical cannabis market.


Elixxer is a cannabis investment firm looking for opportunities across the market on a global scale. The firm has investments in Canada, Jamaica, Australia and some regions in Europe.

Experion Holdings (OTCQB:EXPFF,TSXV:EXP)

Formerly known as Viridium Pacific Group, this cannabis investment firm holds a portfolio of assets, including licensed producer Experion Biotechnologies in BC.


FinCanna Capital is a royalty finance company that is evaluating the cannabis market in the US. It has a direct interest in California, and offers companies access to capital as part of a royalty payment methodology.


FluroTech is a technology company working on a cost-effective testing platform for the cannabis industry at large. The company’s proprietary CompleTest employs fluorescence spectroscopy technology to measure the specific contents of the product being examined.

General Cannabis (OTCQB:CANN)

Colorado-based General Cannabis provides growing space and related facilities to licensed marijuana business operators that also benefit from the company’s expertise in wholesale, retail operations and cultivation.

Global Hemp Group (OTCQB:GBHPF,CSE:GHG)

Global Hemp Group is seeking a market share in the industrial hemp market in North America through a two stage phased development.

Global Wellness Strategies (OTCQB:PNNRF,CSE:LOAN)

This company is a Canadian merchant bank that provides medical cannabis companies across the globe with funding solutions.

Golden Leaf Holdings (OTCQB:GLDFF,CSE:GLH)

Golden Leaf Holdings is a cannabis oil and solutions provider in North America with operations in Oregon, Nevada and Canada.


This Kelowna-based cannabis company is vertically integrated, with operations in the cultivation, extraction and analytical testing sectors. The company is also pursuing retail operations through various investments.

Halo Collective (OTCQB:HCANF,NEO:HALO)

This firm offers a play into the cannabis extraction market as it produces cannabis oils and concentrates at its operations in California, Nevada and Oregon.

Harvest One Cannabis (OTCQB:HRVOF,TSXV:HVT)

Harvest One Cannabis has assets spread across Canada, Europe, Israel and Australia. The company gains its reach thanks to its three subsidiaries: United Greeneries, Satipharm and Dream Products.


This marijuana company operates on two different fronts as it develops modern accessories for consumers and also manages a line of retail shops across Canada.

Icanic Brands Company (OTCQB:ICNAF,CSE:ICAN)

This company works on the development and advancement of delivery systems and formulations.

Inner Spirit Holdings (OTCQB:INSHF,CSE:ISH)

Inner Spirit Holdings is a cannabis retailer operating its Spiritleaf dispensary brand of marijuana stores across the Canadian market.


Innocan Pharma is a pharmaceutical tech company focused on the development of several drug-delivery platforms that combine CBD with other pharmaceutical ingredients.


Jushi Holdings is a globally minded cannabis and hemp company. In the US, Jushi is focused on building a multi-state portfolio of branded cannabis and hemp-derived assets through opportunistic acquisitions, distressed workouts and competitive applications.


Juva Life has developed a technology platform that uses chemistry, clinical and data science to identify and develop safe, evidence-based consumer and pharma applications for cannabis products.

Kalytera Therapeutics (OTCQB:KALTF,TSXV:KLY)

This is a pharma company working on the development of CBD-based therapeutics for disease treatment.

Leviathan Natural Products (OTCQB:LVCNF,CSE:EPIC)

Leviathan Natural Products is a marketing and consumer engagement company offering its services to the North American marijuana industry.


Love Hemp Group is a cannabis investment company specializing in the emerging CBD market, specifically the growing market in the UK and emerging European markets.

Maple Leaf Green World (OTCQB:MGWFF,NEO:MGW)

Maple Leaf Green World is a cannabis company with interests in the Canadian and US markets. The firm has growing operations in Canada with a focus on the production and export of cannabis oil.

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Matica Enterprises (OTCQB:MMJFF,CSE:MMJ)

Thanks to its subsidiary, this firm cultivates cannabis in Quebec with plans for further expansion. The company is also pursuing alternative delivery methods for cannabis, such as topical products.


After selling its US assets, this firm is focused on the development of its Canadian facility and an expansion into the European market.

MYM Nutraceuticals (OTCQB:MYMMF,CSE:MYM)

MYM Nutraceuticals is a cannabis grower with operations in Canada. It is looking at the distribution of its products at the global landscape.

Namaste Technologies (OTCQB:NXTTF,TSXV:N)

After undergoing a tumultuous management change, Namaste Technologies has centered back on its investments and the development of its marijuana play, which includes an online platform for cannabis consumer information.


NexTech AR Solutions is a company engaged in the development of augmented reality services for various industries, including the marijuana market through a web-enabled augmented reality platform with artificial intelligence and analytics.

Nextleaf Solutions (OTCQB:OILFF,CSE:OILS)

Nextleaf Solutions is a cannabis extraction and technology company looking to license its methodologies. It offers an industrial-scale process for producing purified cannabinoid distillate.

Nova Mentis Life Science (OTCQB:NMLSF,CSE:NOVA)

Nova Mentis Life Science is a Canadian company looking to expand its portfolio of cannabis businesses, which include accessories, as well as growing, processing and distributing CBD products.

Ovation Science (OTCQB:OVATF,CSE:OVAT)

Ovation Science gets a share in the cannabis market thanks to its drug-delivery technology for topical and transdermal skin products with hemp and cannabis oil.

PacRoots Cannabis (OTCQB:PACRF,CSE:PACR)

PacRoots Cannabis describes itself as a Cannabis Act licensed applicant dedicated to producing premium-quality cannabis products based on high-end, selectively bred genetics.

Preveceutical Medical (OTCQB:PRVCF,CSE:PREV)

This health sciences therapy manufacturer has created a cannabis division to work on the development and eventual introduction of medicinal cannabis-based products to the market.


This cannabis company seeks to acquire brands to expand its portfolio with market-proven products that can attract consumers.

Sproutly Canada (OTCQB:SRUTF,CSE:SPR)

Sproutly Canada is a cannabis company working on the development of cannabis-infused drinks thanks to its proprietary technology and a joint venture partnership with Moosehead Breweries.

SugarBud Craft Growers (OTCQB:SBUDF,TSXV:SUGR)

Like some other Canadian cannabis producers, this Alberta company specializes in growing and developing craft-style premium cannabis products.

Sweet Earth Holdings (OTCQB:SEHCF,CSE:SE)

Oregon-focused Sweet Earth Holdings is a vertically integrated hemp company cultivating organic CBD products that are sustainably grown without the use of pesticides, herbicides or chemical fertilizers.

Tetra Bio-Pharma (OTCQB:TBPMF,TSX:TBP)

Tetra Bio-Pharma is working on researching and developing medicines based on cannabis and its elements.


This cannabis company holds cultivation assets in Canada and works on the development of new scientific research for its medical products.

Thoughtful Brands (OTCQB:PEMTF,CSE:TBI)

Thoughtful Brands is an ecommerce technology company that researches, develops, markets and distributes natural health products, including the Nature’s Exclusive brand, in North America.

Top Strike Resources (OTCQB:TPPRF,CSE:VENI)

Top Strike Resources aims to provide capital to early stage global cannabis initiatives.

Weekend Unlimited (OTCQB:WKULF,CSE:POT)

This company offers investors a diversified portfolio of cannabis brands in markets such as California, Nevada, Washington state and BC. It has a specific focus on dried flower, edible and extract-related products.

World Class Extractions (OTCQB:WCEXF,CSE:PUMP)

This company has vertically integrated subsidiaries specializing in cannabis extraction, formulation and product development. Its vision is to be an international leader and developer of industrial-scale extraction systems.

XPhyto Therapeutics (OTCQB:XPHYF,CSE:XPHY)

XPhyto Therapeutics is researching novel drug-delivery technologies and holds subsidiaries in the European market that are involved in trials for a CBD drug treating epilepsy.


XS Financial describes itself as a direct lender that provides flexible leasing solutions exclusively to the cannabis industry.

Zelira Therapeutics (OTCQB:ZLDAF,ASX:ZLD)

Zelira Therapeutics is an Australian pharmaceutical company working on the development of cannabinoid-based treatments.

OTC Pink

The OTC Pink, called “the open market,” offers a diverse array of options for investors. This exchange does not have the same requirements as its fellow over-the-counter siblings and therefore is deemed more risky.

3 Sixty Secure (OTC Pink:SAYFF)

This company is an ancillary play to the cannabis market as it specializes in security services and consultations for marijuana producers seeking to remain compliant and protected.

AgraFlora Organics International (OTC Pink:AGFAF,CSE:AGRA)

This vertically integrated cannabis company oversees cultivation assets in Canada and also operates a variety of brands in different aspects of the market.

Agrios Global Holdings (OTC Pink:AGGHF)

Agrios Global Holdings is a specialized company in Washington state offering data analytics-driven agricultural technology to the cannabis industry; its other services include property and equipment leases.


Alcanna is an alcohol retail operator first and foremost, but thanks to an investment from Aurora Cannabis (NYSE:ACB,TSX:ACB), the company now also manages marijuana retail shops across the country under the retail brand name Nova Cannabis.

Alternate Health (OTC Pink:AHGIF)

This tech company offers services such as specialty medical cannabis software to the marijuana industry.


This specialty natural health product company plans to develop items in the cannabis market targeting the health and wellness space.

AusCann Group Holdings (OTC Pink:ACNNF,ASX:AC8)

AusCann Group Holdings is an Australian pharmaceutical firm participating in the medical cannabis market. It has cultivation operations and is developing cannabinoid-based pharmaceuticals.

BC Craft Supply (OTC Pink:CRFTF,CSE:CRFT)

This vertically integrated house of brands company has subsidiary cultivation operations in BC.

Beleave (OTC Pink:BLEVF)

This Canadian cannabis company offers consumers a variety of recreational strains for sale in addition to oil products and offerings for medical patients.

Belgravia Hartford Capital (OTC Pink:BLGVF,CSE:BLGV)

This ancillary company to the marijuana industry offers a variety of services adjacent to the growing of cannabis, such as a product-tracking platform that uses blockchain technology.

Cannabix Technologies (OTC Pink:BLOZF,CSE:BLO)

Cannabix Technologies is actively developing breath-testing devices that offer guaranteed detection of marijuana use in impaired drivers.

CannAmerica Brands (OTC Pink:CNNXF,CSE:CANA)

This company uses the brands in its portfolio to offer consumers specialty products. CannAmerica has operations in Colorado, Nevada and Maryland.

CBD Global Sciences (OTC Pink:CBDNF,CSE:CBDN)

This company specializes in a range of CBD products and brands featuring high-quality, full-spectrum CBD.

Chemesis International (OTC Pink:CADMF,CSE:CSI)

Chemesis International is a vertically integrated cannabis company with operations in Puerto Rico and California.

Clean Power Capital (OTC Pink:MOTNF,NEO:MOVE)

This is an investment company seeking to provide early stage financing to companies, including those in the medical and recreational cannabis markets.

Discover Wellness Solutions (OTC Pink:WLNSF,CSE:WLNS)

Discover Wellness Solutions is a cannabis company working to obtain a cultivation license in Canada through its subsidiary Rocky Mountain Marijuana.

EGF Theramed Health (OTC Pink:EVAHF,CSE:TMED)

This medical technology company has a spot in the marijuana sector thanks to specialized systems designed to monitor CBD consumption and effects in patients.

Empower Clinics (OTC Pink:EPWCF,CSE:CBDT)

Empower Clinics oversees the management of a growing network of medical cannabis clinics in the US.


EnWave is a technology company that has centered itself in the cannabis business thanks to its Radiant Energy Vacuum drying technology for organic materials. It effectively decreases the time from harvest to sale for cannabis products.

The Flowr Corporation (OTC Pink:FLWPF,TSXV:FLWR)

The Flowr Corporation is a vertically integrated cannabis company working on the cultivation and sale of medical and recreational marijuana in Canada.

Future Farm Technologies (OTC Pink:FFRMF)

Future Farm Technologies is an ancillary play to the cannabis market thanks to its specialized LED lighting systems and other indoor growing solutions.

Global Cannabis Applications (OTC Pink:FUAPF,CSE:APP)

This company develops technologies that benefit the medical cannabis ecosystem by helping cultivators control and optimize product lifecycle to improve the consumer experience and create better patient outcomes.

Green Growth Brands (OTC Pink:GGBXF)

Green Growth Brands is a cannabis company offering consumers branded marijuana and CBD products. The company differentiates itself thanks to the experience of its management team, which includes former executives for brands such as American Eagle Outfitters (NYSE:AEO).

Hollister Biosciences (OTC Pink:HSTRF,CSE:HOLL)

Hollister Biosciences is a cannabis MSO that is developing a premium brand portfolio of high-quality cannabis and hemp products by controlling the whole process, from manufacturing to sales to distribution.

iAnthus Capital Holdings (OTC Pink:ITHUF,CSE:IAN)

After successfully completing the acquisition of the US assets from a fellow cannabis company, iAnthus Capital Holdings has expanded its footprint as an MSO across the US.


INDVR Brands is focused on providing personnel and management resources, as well as infrastructure and equipment for use in the production, cultivation and dispensary operations of licensed cannabis businesses.

Ionic Brands (OTC Pink:IONKF,CSE:IONC)

Ionic Brands is building a multi-state cannabis concentrate brand portfolio that includes premium and luxury vape concentrates and edibles. The cornerstone in its portfolio is vaporizer brand IONIC.

Isodiol International (OTC Pink:ISOLF)

Isodiol International has adjusted its focus to the emerging hemp market in the US through the development of branded consumer products.

Isracann Biosciences (OTC Pink:ISCNF,CSE:IPOT)

Isracann Biosciences is the first enterprise-scale farm-to-consumer cannabis project in Israel.

Koios Beverage (OTC Pink:KBEVF,CSE:KBEV)

This company is a US-based nootropic and functional beverage firm specializing in cognition-improving drinks, powders and capsules to satisfy a burgeoning organic food and drink market, while also addressing demand from consumers looking to boost brain function.

Lift & Co. (OTC Pink:LFCOF)

Lift & Co. is well known for its cannabis conferences in Canada. In addition to its shows, the company offers consumers an online hub for information, reviews and commentary on the marijuana space. The company also developed a training program for cannabis retailers in Canada.

Lobe Sciences (OTC Pink:GTSIF,CSE:LOBE)

Lobe Sciences is focused on growth-oriented technologies with a core interest in transformational medicines and wellness. Although it is mainly targeting the psychedelics market, it also has a cannabis subsidiary.

ManifestSeven Holdings (OTC Pink:MNFSF,CSE:MSVN)

ManifestSeven Holdings operates an integrated omnichannel platform for legal cannabis, merging compliant distribution with retail.

Naturally Splendid Enterprises (OTC Pink:NSPDF,TSXV:NSP)

Naturally Splendid Enterprises is a biotech company developing hemp products for consumers in the health and wellness space. The company is pursuing a stake in the edible CBD market as well.

North Bud Farms (OTC Pink:NOBDF)

North Bud Farms is a Canadian cannabis company with a licensed cultivation facility located on more than 130 acres of agricultural farmland in Western Quebec.

Nutritional High International (OTC Pink:SPLIF,CSE:EAT)

This marijuana company is focused on the development of edible products and oil extracts for the US medical and recreational markets.

Orchid Ventures (OTC Pink:ORVRD,CSE:ORCD)

This company develops and sells vaporizers in California and Nevada through a business-to-business and wholesale business model. It seeks to expand its presence in the US market.

Plant-based Investment (OTC Pink:CWWBF,CSE:PBIC)

This investment company is looking to offer its investors returns from bets placed in an actively managed portfolio of assets across the marijuana space.


This company incorporates blockchain technology to offer a turnkey solution for transparency in production and compliance issues in the cannabis space.

Radient Technologies (OTC Pink:RDDTF,TSXV:RTI)

Radient Technologies is an extraction technology company that has dabbled in the cannabis sector thanks to a partnership with licensed producer Aurora Cannabis (NYSE:ACB,TSX:ACB).

Relevium Technologies (OTC Pink:RLLVF,TSXV:RLV)

Thanks to its subsidiary Biocannabix, this company has a cannabis play focused on the development of pharmaceutical-grade products infused with cannabinoid formulations.

Revive Therapeutics (OTC Pink:RVVTF,CSE:RVV)

This biotech company has exposure to the marijuana space thanks to its research and development of CBD-based wellness products.


This company is a cannabis investment and acquisition firm with a portfolio of 13 companies across various segments of the cannabis value chain.

Rockshield Capital (OTC Pink:RKSCF,CSE:RKS)

This is an early stage venture capital fund and merchant bank company that has worked with cannabis businesses such as the Green Organic Dutchman (OTCQX:TGODF,TSX:TGOD).

Sativa Wellness Group (OTC Pink:SCNNF,CSE:SWEL)

This Canadian company has a clear focus on the European market through large-scale CBD extraction business offerings.

Sire Bioscience (OTC Pink:BLLXF,CSE:SIRE)

Sire Bioscience is a life science company focused on the cultivation, production and sale of industrial hemp.

Sunniva (OTC Pink:SNNVF)

Sunniva is a vertically integrated cannabis company with operations both in Canada and the US.

SOL Global Investments (OTC Pink:SOLCF,CSE:SOL)

This cannabis investment company leverages its holdings across the cannabis industry, but has a direct focus on the US market.

Tree of Knowledge International (OTC Pink:TOKIF,CSE:TOKI)

Tree of Knowledge International is working on the treatment of chronic pain through cannabis, the production of formulated natural products and the distribution of hemp-based CBD items.

True Leaf Brands (OTC Pink:TRLFF,CSE:MJ)

This company develops natural hemp products designed for humans and pets.

TruTrace Technologies (OTC Pink:TTTSF,CSE:TTT)

TruTrace incorporates a software aspect into the cannabis market by bringing a blockchain-based program that tracks cannabis intellectual property all across the sale chain.

Ventura Cannabis and Wellness (OTC Pink:CVHIF)

This vertically integrated company is based in the vibrant California market and has plans to pursue the cannabis and CBD product sales markets.

Vert Infrastructure (OTC Pink:CRXPF)

This company invests in, constructs, owns and leases greenhouse projects to licensed cannabis producers. Its portfolio of projects includes cultivation properties in California and the state of Washington.

Vibe Growth (OTC Pink:VBSCF,CSE:VIBE)

Vibe Growth is a vertically integrated cannabis company operating a cannabis retail network in California.

Wildflower Brands (OTC Pink:WLDFF)

This house of brands company seeks to develop new branded products in the health and wellness market across the US. The firm also has a presence in Poland and Canada.


Want more details? Check out these articles for more INNdepth coverage:

Want an overview of investing in cannabis stocks? Check out Investing in the Cannabis Industry.

Are there any US cannabis stocks you think should be on this list? Let us know in the comments — we’ll be updating it in the future. And don’t forget to follow us @INN_Cannabis for real-time news updates!

Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

Editorial Disclosure: Lexaria Bioscience, 4Front Ventures, Avicanna, Cardiol Therapeutics, HempFusion Wellness, Khiron Life Sciences, BevCanna Enterprises, Codebase Ventures, Global Wellness Strategies, Love Hemp Group, Matica Enterprises, Nextleaf Solutions, PacRoots Cannabis, World Class Extractions, INDVR Brands, Koios Beverage and Lobe Sciences are clients of the Investing News Network. This article is not paid-for content.