Top Cannabis Stocks to Watch in 2025: Insights and Predictions
Table of Contents
- Introduction
- 8 Cannabis Stocks to Watch in 2025
- Canopy Growth Corporation
- Curaleaf Holdings
- Green Thumb Industries
- Tilray Brands
- Cresco Labs
- Trulieve Cannabis
- Innovative Industrial Properties (IIPR)
- High Tide Inc.
- How to Invest in Cannabis Stocks
- Conclusion
Key Takeaways
- 2024 saw cannabis stocks stabilize after prior years of volatility, setting the stage for growth in 2025.
- Companies with strong international expansion and innovative product offerings lead the sector.
- Investing in cannabis requires understanding market trends and selecting stocks with proven resilience and growth potential.
Introduction
The cannabis market has faced ups and downs, but the outlook for 2025 is optimistic as the industry matures. With legalization efforts gaining traction globally and new product innovations, leading cannabis companies are well-positioned for growth. Here’s an updated look at eight cannabis stocks to watch in 2025, including how they performed in 2024 and why they’re worth considering for your portfolio.
8 Cannabis Stocks to Watch in 2025
1. Canopy Growth Corporation (NASDAQ: CGC)
- 2024 Performance:
- After a challenging 2023, Canopy Growth rebounded in late 2024, thanks to restructuring efforts and increased U.S. market exposure. The stock ended 2024 at approximately $9 per share, up from $4 earlier in the year.
- Why Watch in 2025:
- Canopy Growth’s strategic partnership with Constellation Brands and its focus on cannabis beverages and edibles make it a compelling pick as federal legalization efforts progress.
2. Curaleaf Holdings (OTC: CURLF)
- 2024 Performance:
- Curaleaf continued its steady growth trajectory, ending 2024 around $6-$8 per share. Expansion into European markets bolstered its revenues despite regulatory challenges in the U.S.
- Why Watch in 2025:
- Its status as a leading multi-state operator (MSO) in the U.S. and growing European footprint position Curaleaf for long-term success.
3. Green Thumb Industries (OTC: GTBIF)
- 2024 Performance:
- Green Thumb ended 2024 strong, closing at $14 per share, up from $11 earlier in the year. Its profitability and focus on underserved U.S. markets remain key strengths.
- Why Watch in 2025:
- As one of the few consistently profitable cannabis companies, Green Thumb’s stable operations and strategic retail expansions make it a top pick.
4. Tilray Brands (NASDAQ: TLRY)
- 2024 Performance:
- Tilray traded between $3.50 and $5 throughout 2024, with gains driven by its diversified portfolio of cannabis, hemp, and beverage products. Its European operations also showed promising growth.
- Why Watch in 2025:
- Tilray’s focus on cannabis beverages and hemp-based products positions it for growth in emerging global markets.
5. Cresco Labs (OTC: CRLBF)
- 2024 Performance:
- Cresco ended 2024 at approximately $4.50, showing modest recovery after challenges with its pending Columbia Care acquisition. The deal promises to expand its market share significantly.
- Why Watch in 2025:
- Cresco’s wholesale dominance and expansion into premium product lines make it a strong choice as market conditions improve.
6. Trulieve Cannabis (OTC: TCNNF)
- 2024 Performance:
- Trulieve closed 2024 at $10 per share, rebounding from earlier lows as it expanded into newly legalized states. Its dominant Florida operations remained a cornerstone of its success.
- Why Watch in 2025:
- Trulieve’s strong financials and strategic growth initiatives position it for continued success in the medical and recreational markets.
7. Innovative Industrial Properties (NYSE: IIPR)
-
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- properties ensured steady cash flow.
- Why Watch in 2025:
- IIPR’s role as a cannabis-focused REIT offers investors a lower-risk way to gain exposure to the industry.
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8. High Tide Inc. (NASDAQ: HITI)
- 2024 Performance:
- IIPR stabilized around $90-$100 in 2024, providing consistent dividends despite broader market volatility. Its diversified portfolio of cannabis
- 2024 Performance:
- High Tide ended 2024 at approximately $2.50 per share, reflecting its steady growth in retail and e-commerce. Its innovative subscription models gained traction among consumers.
- Why Watch in 2025:
- High Tide’s acquisitions of online platforms like Grasscity, Dankstop, Daily High Club, and FAB CBD’s focus on profitability makes it a leader in the cannabis (online) retail space.
How to Invest in Cannabis Stocks
1. Choose a Brokerage Account
- Platforms like Robinhood, E*TRADE, Fidelity, and Interactive Brokers offer access to cannabis stocks listed on major exchanges.
2. Diversify Through ETFs
- Cannabis ETFs like ETFMG Alternative Harvest ETF (MJ) and AdvisorShares Pure US Cannabis ETF (MSOS) provide diversified exposure to the industry.
3. Monitor Regulations
- Stay informed about legalization efforts and global expansion trends to guide your investments.
4. Understand the Risks
- Cannabis stocks are subject to regulatory and market volatility. Diversify your portfolio to mitigate risks.
Conclusion
2025 offers exciting opportunities for cannabis investors as the industry stabilizes and expands. Companies like Canopy Growth, Curaleaf, and High Tide Inc. showcase diverse strategies for capturing market share.
Investors can make informed decisions in this evolving sector by understanding each stock’s 2024 performance and potential growth drivers.
