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The 3 Largest Canadian Cannabis Stocks

It is an exciting time to be investing in the Canadian Cannabis Sector. While uncertainty persists in the United States, many investors have already realized hefty returns in the Canadian markets.

So who are the big players?

Whether you are an experienced investor, or simply have some ‘play money’, before taking a position in any sector, it is important to know who the established companies are. If you are wondering what cannabis stocks you should invest in, when it comes to the growing Canadian cannabis sector, here is a look at three of the largest Canadian cannabis companies currently.

Financials accurate as of July 6th, 2018. (Source – tdameritrade and yahoo finance)

1. Canopy Growth Corp.

Canopy Growth Corp has been celebrated as a powerful producer in Canada’s cannabis market. They sell product under different brand banners, with ‘Tweed’ having garnered the most recognition. The company listed on the NYSE in May 2018.

  • Ticker: (TSX:WEED) (NASDAQ:CGC)
  • Market Cap: 6.011 Billion
  • 1 Hershey Drive, Smiths Falls, ON K7A 0A8 Canada
  • 855-558-9333
  • http://www.canopygrowth.com
  • Sector: Healthcare 
  • Industry: Drug Manufacturers – Specialty & Generic
  • Full-Time Employees: 701

2. Aurora Cannabis

Aurora Cannabis entered the Canadian venture stock exchange (TSX) in October 2016. They produce dry cannabis, and in January of 2017 Aurora acquired a license to sell cannabis oil. Aurora has returned 347% over a one-year period. Aurora acquired MedReleaf Corp in May 2018 for $2.5 billion. MedReleaf Corp. (LEAF.TO) has a market cap of $3.077B and has realized over a 200% increase in their stock over the past 12 months.

  • Ticker: (TSX:ACB) (OTC: ACBFF)
  • Market Cap: 4.037 Billion
  • 1199 West Hastings Street. Suite 1500. Vancouver, BC V6E 3T5 Canada
  • 844-928-7672
  • http://auroramj.com
  • Sector: Healthcare
  • Industry: Drug Manufacturers – Specialty & Generic
  • Full-Time Employees: 171

3. Aphria Inc.

Aphria produces dry cannabis as well as cannabis oil. It is self-proclaimed to be one of the lowest cost producers of marijuana, and having struck a deal to sell its’ product line through Shoppers Drug Mart’s online site (a large Canadian pharmacy chain), in April 2018 Aphria’s stock rose substantially. Aphria stock has realized gains in excess of 125% over the past year.

  • Ticker: (TSX:APH) (OTC: APHQF)
  • Market Cap: 2.086 Billion
  • 245 Talbot Street West, Suite 103. Leamington, ON N8H 1N8 Canada
  • http://www.aphria.com
  • Sector: Healthcare
  • Industry: Drug Manufacturers – Specialty & Generic
  • Full-Time Employees: 150

In closing 

There are many exciting investment opportunities in the cannabis sector. To learn more, read our post titled: Introduction to Cannabis Investing. Invest wisely.

Legal, worth billions, and open for business! The Blunt Investor Team

 

Written by Rob McLean

Rob loves staying on top of developments in the cannabis sector, and always has his finger on the pulse of real estate markets.

Canopy Growth Reports $61.5M Q4 Loss

Photo by Erwan Hesry on Unsplash

Aphria just sold 175 tons of weed