The cannabis industry has been experiencing a surge in popularity over the past few years, and investors are eager to capitalize on this growing market. With more states legalizing marijuana for both medical and recreational use, it's no surprise that many are looking for the best US marijuana stocks to invest in. In this article, we'll discuss some of the top marijuana stocks to consider in 2019.
Canopy Growth Corporation (WEED)
One of the most well-known marijuana companies in the United States is Canopy Growth Corporation, also known as WEED. Based in Smiths Falls, Ontario, Canada, Canopy has become a global leader in the cannabis industry. The company offers a wide range of cannabis products, including dried cannabis, oils, and extracts. Canopy also has a strong international presence, with operations in several countries.
Aurora Cannabis Inc. (ACB)
Another top US marijuana stock to watch in 2019 is Aurora Cannabis Inc. Based in Edmonton, Alberta, Canada, Aurora is one of the largest cannabis companies in the world. The company has a diverse product portfolio, including dried cannabis, oils, edibles, and more. Aurora has also made several strategic acquisitions to expand its reach, including the acquisition of MedReleaf and CanniMed Therapeutics.
Cronos Group Inc. (CRON)
Cronos Group Inc. is a Canadian cannabis company with a strong presence in the US market. The company focuses on research and development, and its product line includes dried cannabis, oils, and extracts. Cronos has also made strategic partnerships with companies such as Snoop Dogg's cannabis company, Leafs By Snoop.
Curaleaf Holdings Inc. (CURLF)
Curaleaf Holdings Inc. is a leading US cannabis company with a focus on the medical market. The company offers a wide range of products, including dried cannabis, oils, edibles, and topicals. Curaleaf has a strong presence in several states, including California, Massachusetts, and New York.
MedMen Enterprises Inc. (MMEN)
MedMen Enterprises Inc. is a California-based cannabis company with a strong focus on the recreational market. The company operates several retail stores in California and has a diverse product line, including dried cannabis, oils, edibles, and topicals. MedMen has also expanded its operations into Nevada and is planning to enter other states in the near future.
Why Invest in US Marijuana Stocks?
Investing in US marijuana stocks can be a wise decision for several reasons. First, the industry is growing rapidly, with more states legalizing marijuana each year. This means there is a significant potential for growth in the near future. Second, many of the companies in this industry have strong management teams and a solid business strategy. Finally, the potential for high returns can be very appealing to investors.
Conclusion
As the cannabis industry continues to grow, now is an excellent time for investors to consider adding US marijuana stocks to their portfolios. With a variety of companies to choose from, there's something for every investor. Whether you're looking for a strong global player or a company with a strong focus on the US market, these top US marijuana stocks are worth considering in 2019.
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