Canadian Marijuana Stocks

The Canadian marijuana sector is one of the hottest growing sectors. Here's a look at Canadian cannabis companies for investors to consider.

canadian marijuana stocks

By Jocelyn Aspa and Bryan Mc Govern

The Canadian cannabis sector is taking huge steps in establishing guidelines for their product and finding international opportunities in the medical landscape, while the recreational market will officially be legalized come July 1, 2018.

Down in the US, a number of states are in various phases of legalization for both medical and recreational marijuana use. Similarly, while it’s still well over a year until recreational use is legalized in Canada, this can make the market confusing, or even a little risky, for new investors. That said, there are good opportunities out there for those willing to do their research.

Business in cannabis has expanded into massive levels of investment thanks to opportunities in various stock listings. In Canada, cannabis companies can seek public investment through stock listings on the Toronto Stock Exchange, its smaller sibling market Toronto Stock Venture and the Canadian Securities Exchange.

With that in mind, here’s a look at a variety of publicly traded Canadian marijuana stocks. The list includes cannabis and hemp focused stocks listed on Canadian exchanges. Be sure to click on the title of the lists in order to see the complete lists on different pages.

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TSX Cannabis Stocks

The TSX has seen leaders of the cannabis industry join its listing and offer investors a new venue into cannabis ventures. These include massive license producers (LPs) expanding their product and brands overseas.

Aphria (TSX:APH)

Also licensed under the ACMPR, much like other companies on the Canadian marijuana stocks, Aphria is located in Leamington, Ontario. The company self-describes itself as “truly powered by sunlight”, which they state allows for natural growing conditions to produce safe medical cannabis products.

Aphria made its strategic entrance to the US cannabis market through Liberty Health Sciences, which seeks and partners with cannabis companies in the US. Their first market is in Florida.

Canopy Growth (TSX:WEED)

Canopy Growth is the largest Canadian marijuana stocks company, having been the first cannabis organization to surpass the $1 billion market cap.

Canopy holds producers Tweed and Bedrocan under its umbrella. Tweed’s production facility is located in the old Hershey factory in Smith Falls, Ontario, while its breeding facility was completed in September 2016. The company believes the state-of-the-art facility is the first of its kind and will form the foundation of new Canadian-bred genetics.

Canopy regularly announces new deals and partnerships with international emerging markets. Late in 2017, the company announced a deal with Constellation Brands (NYSE:STZ), a massive alcohol producer in the US, for 9.9 percent equity of Canopy, which signaled the increased credibility of the cannabis business to the overall market.

TSXV Cannabis Stocks

Previously known as the Canadian Venture Exchange, the TSX Venture Exchange is the sibling listing from the larger Toronto Stock Exchange. This listing offers a variety of cannabis-related businesses from growers to biotech companies looking for cannabinoid (CBD) therapies.

Cannabis Wheaton Income (TSXV:CBW)

A fairly new entrant to the Canadian cannabis sector, Cannabis Wheaton, was formed to provide funding for facility expansions, operations, and initial construction. In return, the company gets minority equity interests and a percentage of the cultivation. Their team includes a group of experienced people in the area like the co-founder of Canopy, Chuck Rifici, who is the CEO of Cannabis Wheaton.

President Hugo Alves told INN the company overcame an unsuccessful offering deal with two financial banking institutions to continue their financing business with other cannabis businesses in Canada.

Supreme Pharmaceuticals (TSXV:SL)

Supreme Pharmaceuticals is next on our Canadian marijuana stocks list. Located in Kincardine, Ontario, the company’s federally approved medical marijuana company, 7ACRES, cultivates medical marijuana on a greenhouse cost base. Along with 24 other companies, Supreme received its federal license in March of 2016.

In October the company announced its partner 7ACRES obtained Health Canada approvals in order to start cultivation at the recently completed 30,000 square feet flowering rooms at their hybrid facility.

CSE Cannabis Stocks

The Canadian Securities Exchange (CSE) offers investors with a variety of cannabis-related companies seeking to increase their business activities. The CSE offers Canadian companies an option to seek business possibilities in the US, as long as it manages to disclose all its risks properly to shareholders.

Beleave (CSE:BE)

Beleave is a biotech company with a focus on becoming a licensed producer of medical-grade cannabis under the ACMPR. Its wholly-owned subsidiary, First Access, applied for a pre-license inspection in March 2017.

Recently the company announced a shift in management when Andrew Wnek stepped into the role of CEO as Dr. Roger Ferreira moved into the role of chief science officer.

In June the company announced it had started the cultivation at their facility located in Hamilton, Ontario. The harvest for these crops was completed in September and the company then applied for a license to sell dried cannabis.

MPX Bioceutical Corporation (CSE:BCC)

Through its subsidiaries and investments in several states in the US, MPX Bioceutical Corporation is involved in the American cannabis market. Formerly known as Canadian Bioceutical Corporation, the company officially changed its name in November.

The company applied for a Canadian licensed producer (LP) status, but due to a rocky unresponsive process decided to mobilize its investments in the US. On May 22, 2017, the company officially began trading on the OTCQB Market.

Did we miss a company that you think should be included on the Canadian marijuana stocks list? Let us know in the comments!

This article has been updated since its original publication in 2016, with the most recent update done by Bryan Mc Govern.  

Don’t forget to follow us @INN_Cannabis for real-time news updates!

Securities Disclosure: I, Jocelyn Aspa and Bryan Mc Govern, hold no direct investment interest in any company mentioned in this article.

Editorial Disclosure: Beleave is a client of the Investing News Network. This article is not paid-for content.

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Comments
  • Angela

    I TRIED to buy Organigram and was never able to make the buy…I went through Ameritrade…I closed my accou t with them due to this….or is this a usual problem?

    Reply
    • Teresa

      Thanks for the tip! PUF, MJ and MGW have been added. LAG was mentioned alongside Naturally Splendid.

      Reply
  • Not only the ones LISTED but ones that will be listed and getting in early before the IPO. Like Apothecary Labs. Wonderful products and a huge following and retail exposure.

    Reply
  • Nice! I was looking for just this. I have some CGC, MT, OGI, and APH but was not aware of some of these other smaller companies.

    Reply
    • We don’t provide recommendations. Best to talk with your investment advisor or broker.

      Reply
  • Hello, Curious to know your thoughts on Nutritional High (symbol = EAT). Thank you!

    Reply
  • Une personne qualifiée peux me donner une explication de la baisse rapide du stock PUF? Merci

    Reply
    • Il ya souvent beaucoup de volatilité dans le prix des actions des petites entreprises. Le mieux est de les contacter directement pour plus d’informations. Désolé pour mon Google Translate français

      Reply
  • You seem to have left off several: AZN, ACB,CNZ, OGI, MT, and TBP. I believe these are all on the TSX:V.

    Reply
  • You forgot Valens Groworks, VGW on CSE. They are located in Kelowna and have just completed their final stage inspection pre licensing

    Reply
  • Hi can you add Liberty Leaf, if their MOU in California goes through in a matter of days, “BOOOM” Look Out!

    Reply
    • Thanks for mentioning them! Not sure how I missed them but I will be sure to include them.

      Reply
  • A big one out there that is going to do very well is Emblem Corp.
    Can’t understand how this one was missed !

    Reply
    • Apologies for the oversight, and thanks for pointing that out! I will be sure to add them to the list.

      Reply
  • Anything about MYM Nutraceuticals Inc?

    They jump from 0.05 in december to 0,27 (around) today…

    Thanks.

    Reply
  • What about MYM Nutraceuticals Inc?

    Since December 2016, this title has seen an explosive growth, from 0.05 that it was at 0.26 at the close of trading yesterday …

    Can anyone explain this?

    Reply
  • I follow nutritional high. (EAT) they have had some impressive gains. Ate they not big enough to endorse or are they a poor business model in this industry?

    Reply
  • CGP took over MT and has been trading as WEED for the past 3 weeks. Your report is sadly outdated and I would request that it be updated. Joe

    Reply
  • This is disappointing but the new timing of legalization is now predicted to be October 2018 (not Spring 2017) – thank Trudeau for dragging this out. I was anticipating my stocks (ACB, BE, WEED & OGI) to rise significantly this year but from what I see and hear it is unlikely going to happen.

    Reply
    • Where did you hear it would be postponed until October? Please let us know your source, as I had heard springtime was when legalization would happen.

      Reply
  • May be legalization announcements on 4/20 so I think the next rally will begin before that date, by Prime Minister Trudeau.

    Reply
  • I keep hearing about a huge IPO coming on April 17 or thereabouts, which company is it, does anyone know?

    Reply
  • which IPO would you recommend I am new at this. Dont want to miss the train.

    Reply
  • CMM should be include, Cannabo Medical concluded a deal with Aphria…

    Reply
  • Could you please provide the ticker symbols of the Canadian stocks that are trading on the NYSE? Thanks

    Reply
  • Could you please provide the ticker symbols of the Canadian stocks As am all new to this email them to me

    Reply
  • I did not see any companies that sell seeds to the public….? Are there any of those that are public? Thanks, Jack

    Reply
  • WOW. They missed a lot of decent stocks…LXRP, CCAN, MJNA,CBIS,GRNH,TRTC,MGWFF. I have done a LOT of research… Check them out yourself before you commit…

    Reply
  • I want to invest in Marijuana stocks I have 10 and a lot of info. I have to discuss Thank you Peter Fifield (709-722-1483)

    Reply

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