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Looking to invest in a market with long-term potential? CBD is a great opportunity, as it hasn’t yet reached its full potential in the U.S. As more consumers begin to use CBD and the regulatory market shifts, the CBD market will likely continue growing. Globe NewsWire has estimated that the U.S. CBD market will expand Find out which companies are dominating the industry and how to invest in them. Here are the top 10 CBD oil stocks to buy right now.

Top CBD Stocks You Should Invest in Today

Looking to invest in a market with long-term potential? CBD is a great opportunity, as it hasn’t yet reached its full potential in the U.S. As more consumers begin to use CBD and the regulatory market shifts, the CBD market will likely continue growing.

Globe NewsWire has estimated that the U.S. CBD market will expand to $13.39 Billion by 2024, an annual growth rate of over 40%. We’ve detailed four CBD stocks below that show great potential.

Right now, CBD oil cannot be added to dietary supplements, which are regulated by the FDA. However, a bill was just introduced to Congress to legalize CBD in dietary supplements! This bill has bipartisan support, so the chances of it passing are higher.

This is great news for the CBD market! This means that, over time, higher quality CBD products will become more readily available for CBD users, as less reputable companies are weeded out by FDA rules. Right now, many companies do not follow the FDA’s quality control procedures to minimize risks to consumers.

You’ll see both Canadian and U.S. companies on this list, as Canadian marijuana companies have been relegated to selling only hemp in the U.S., which means that publicly traded companies have focused on hemp sales.

How to Choose a CBD Stock

When choosing a CBD company to invest in, look at their financial filings, required for any publicly traded company.

Key CBD Company Financials

Earnings Per Share (EPS)

This is the CBD company’s net earnings or losses per share. Look at trends of EPS of the overall CBD industry at the time to see how the company compares to competitors.

Price to Earnings (P/E) Ratio

The P/E ratio can show you if a company’s stock is undervalued or overvalued. You generally are looking for a stock with a lower P/E ratio, as this indicates the stock is likely undervalued. A higher P/E ratio could indicate either expected upcoming growth or that the stock is overpriced.

Yearly Revenue Growth

If you look at a CBD company’s yearly revenue, you can get a sense of the direction in which the company is headed. CBD companies are pouring money into technology, equipment, and research. Expect to see continued growth in successful companies over the next few years.

Other CBD Stock Factors

Choose Pure Versus Synthetic CBD

We recommend investing in companies that use pure CBD, instead of the synthetic version. The impact of synthetic CBD on the body is still being studied and, until more data is available, we recommend investing in companies that use the natural version.

Choose Transparency

Companies that offer transparency to consumers are more likely to benefit from the possible upcoming regulatory changes. Look for companies that explain their hemp sourcing and CBD processing practices.

Look at Industry Trends

Over the past quarter many different CBD companies lost revenue, so keep that in mind when looking at a company. Look ahead at what each company is planning; this is also a good way to determine where to invest in the CBD space.

Best CBD Stocks

Canopy Growth (CGC)

Canopy Growth is a Canadian-based mainstream cannabis company that expanded into the CBD market in 2019 by partnering with Martha Stewart. The company has more overall sales than any other cannabis company in the world.

CGC is currently trading at just over $28 per share. The company achieved an impressive 76% revenue growth in 2020. Canopy Growth’s revenue decreased in the past quarter, but due to the recent launch of cosmetics, food, and animal care products, along with celebrity support, Canopy Growth is a good option for an already established brand.

Charlotte’s Web (CWEB)

Charlotte’s Web is a well-known CBD company that focuses on improving lives naturally with high quality CBD products. The company is transparent and offers certificates of analysis on their products. They also offer a wide variety of products.

Charlotte’s Web is currently trading at just over $5 per share. With their growing family of brands, Charlotte’s Web has achieved 28% historical annual growth since 2017. Growth is expected to accelerate, with analysts expecting Charlotte’s Web to grow faster than the rest of the CBD industry.

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Pure Harvest Corporate Group Inc. (PHCG)

Based out of Denver, Pure Harvest Corporate Group has different companies that operate in both the traditional cannabis as well as CBD industries. PHCG is a great option if you are looking for a diversified CBD stock. The stock focuses on aggressive acquisition of companies in states with attractive markets for cannabis.

The company expanded into the CBD space by acquiring Prolific Nutrition and changing the name to Pure Harvest Hemp. Pure Harvest Hemp will focus on selling wellness consumer products online.

PHCG is currently trading at $0.67 per share. Although the stock has fluctuated over the past several years, the recent acquisition of Prolific Nutrition and additional investors shows promise for Pure Harvest Corporate Group.

Cronos Group Inc. (CRON)

Cronos Group is based out of Toronto and has a diverse portfolio of companies in the cannabis industry. If you are interested in CBD-infused cosmetic products, Cronos Group recently expanded into three hemp-derived CBD brands, including a skin care brand called Happy Dance—partnering with Kristen Bell.

Since many millennials are adopting CBD into their daily self-care routines, we see a bright future for the CBD side of Cronos Group Inc. holdings. CRON is currently trading at $8.50 per share. The stock has also shown strong year-over-year revenue growth.

If you are looking to not only invest in, but also to try CBD, Joy Organics prides itself in providing premium grade CBD products to our customers. You can rest assured you are only getting safe, high quality CBD, so you know exactly what you are putting into your body.

cbdMD (YCBD)

This North Carolina-based CBD company is one of the largest companies in the industry, with an array of products including tinctures, softgels, and award-winning gummies.

Their 2020 end-of-year reporting showed a 22% increase in net sales year over year—a steady incline in a highly competitive industry.

They’ve made a name for themselves through their vast product line, accessible prices, and athlete partnerships. While their stock prices climbed and fell consistently in their first two years in business, there combination of industry expertise, 2020 growth, and the upcoming industry regulations make this a reliable choice for those hoping to capitalize on this industry’s upcoming boom.

With increasing consumer acceptance of CBD, and the upcoming bill to regulate CBD as a dietary supplement, now is a great time to invest in CBD stocks!

Hannah Smith is Joy Organics Director of Communications. She is driven by her passion for providing clear and accessible wellness and CBD education. In 2015, she received her BA in Media, Culture and the Arts from The King’s College in New York City and before Joy Organics, worked as writer and photographer in the Middle East and North Africa. Her work has been featured on Forbes, Vice, Vox, Denver Post, and the Coloradoan.

Best CBD Stocks to Buy: Top Ten Picks

With the growing popularity of medical marijuana across North America, many investors consider investing in stock-exchange listed companies. Investing in CBD stocks is a good idea if you’re looking for an investment with high course potential. Many different companies produce CBD products, and they all have their strengths and weaknesses. As someone who has done extensive research on the best cbd stocks to invest in, I will list my top 10 favorite companies for 2022 listed on NYSE and Nasdaq.

Keep in mind, CDB stocks are currently not in investors focus, and many of them are at longer-term lows right now. It needs to become an attractive investment field with more media dominance again before investments become worthwhile again.

Transparency: We may get compensated when you click on links in this article.

We’ve added current analyst estimates and company fundamentals to each company in the list using the fundamental analysis platform Stock Rover. You can use the free 14-day Stock Rover trial to check the most recent statistics, peers and stock analysis.

What are CBD Oil Stocks

CBD oil stocks refer to companies that produce and distribute CBD products. Companies like these are usually best suited for long-term investments because they have high potential growth over the next decade or more.

What is CDB Oil

CBD oil is a type of natural herb that has been used for many different purposes, including medical and recreational. CBD oils are typically extracted from hemp plants, making them legal in the United States under federal law.

What Brokers to Use to Buy CDB Oil Stocks

The best brokers to buy CDB oil stocks with are either TD Ameritrade or E*TRADE. They’re both straightforward to use and have many great tools that will make investing easier for beginners.

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The Best CDB Stocks to Buy

Table of Contents

1. Jazz Pharmaceuticals (JAZZ)

The Ireland-domiciled biopharma company Jazz Pharmaceuticals focuses on treatments for indications in neuroscience, sleeping disorders and hematology-oncology. Jazz Pharmaceuticals still has a negative EPS of -5.46 with a market cap of $10.5 billion. In December 2021, the stock hit a mid-term low at $117.64 and then started a rally to nearly $170 in April 2022.

2. Constellation Brands (STZ)

Cannabis investing ideas also lead to this company with a currently neutral to positive market sentiment. Constellation Brands currently has projected quarterly revenue of 83 million and estimated earnings per share of $1.55.

Constellation Brands is a global leader in beer, wine and spirits with a wide variety of popular brands like Corona Extra and Ballast Point.

Constellation Brands made an investment into Canopy Growth Corporation (WEED) for $191 million worth a few years ago due to the potential growth that cannabis holds. Constellation Brands acquired a 40% ownership stake in Canopy Growth and became the third-largest investor in the cannabis industry. The investments were the right decision, and the stock price went up significantly since.

After forming a mid-term low at $104.28 in March 2020, the price per share increased to a new all-time high in April 2022 at $261.52.

3. AbbVie (ABBV)

AbbVie is a company with a market cap of $200 billion and is a science-led global healthcare company formed in 2013 by the acquisition of Abbott. AbbVie’s product portfolio includes more than 125 products, including pharmaceutical and over-the-counter medications and CBD oil. The stock had a great run from the $60 level in 2000 and market a all-time high in April 2022 at $175.91.

4. Altria (MO)

Altria is a significant producer of tobacco products and has invested in cannabis companies in the past. They have made investments from over $200 million to an equity stake in Cronos Group Inc. a few years back, which is one of the largest Canadian cannabis producers. Not only do they own these stocks, but they also sell cigarettes as well, and the growth potential is enormous. The stock formed a mid-term low at $30.95 in March 2020, and is now trading at $55.23.

5. Corbus Pharmaceuticals Holdings, Inc. (CRBP)

Corbus Pharmaceuticals Holdings, Inc. is a clinical-stage pharmaceutical company focused on developing and commercializing novel therapeutics to treat rare, chronic inflammatory diseases that are often difficult to treat with existing therapies. CRBP is still Nasdaq listed but might get OTC listed when it remains trading below $1. Right now, the stock is trading at $0.35.

6. Tilray Inc (TLRY)

Tilray is a Canadian company that produces and sells cannabis products, both medical marijuana. They’re best known for being the first company to legally export cannabis from North America for medical purposes through Europe (Greece). The latest news is that they have entered the world of cannabis recreation. The company is focused on research and development, which has allowed them to offer new products like their High CBD Oil Drops for anxiety relief or insomnia issues. They’re also well-known in Canada because all medical marijuana patients are registered with Tilray’s online system called CanvasRx. Many day traders trade Tilray shares due to its high volatile price action during market hours. The price per share is at $5.3 right now.

7. HEXO Corp. Common Shares (HEXO)

HEXO Corp. is a Canadian cannabis company focused on distributing world-class products within the adult-use and medical markets. HEXO Corp. is one of the leading exporters in Canada’s burgeoning cannabis industry to countries around the world where marijuana is legalized for medicinal or recreational purposes. Like CRBP, the stock is trading below $1 for a while (at $0.41 right now) and might get delisted from Nasdaq.

8. Cronos Group Inc. (CRON)

Cronos Group Inc. is a company focused on medical marijuana and recreational cannabis for adult use. They’re best known for producing, selling, and marketing products in Canada, Germany, Israel, Italy and Australia. Cronos Group announced that they were partnering with Ginkgo Bioworks to engineer yeast that produces cannabinoids genetically. The good thing with Cronos is that they have a lot of room to grow based on solid company fundamentals. Right now, the stock is trading at $3.08.

9. Aurora Cannabis (ACB)

Aurora Cannabis is a Canadian company that is a producer and seller of medical cannabis products. They’re best known for being the first marijuana company to be listed on an American stock exchange. Recently Aurora Cannabis announced that they were entering the European market by acquiring a German company. The stock is currently trading at $3.1. They recently had a formal bid accepted and are set to acquire CanniMed Therapeutics, which has experts speculating that the company could be worth $600 million. Aurora is one of those stocks best to buy because it’s still undervalued due to its marijuana production being in Canada. Still, they have made their intentions known for expansion into Europe unfolding additional potential.

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10. ETFMG Alternative Harvest ETF (MJ)

You have already read about the top favorite CBD stocks to buy. Investors can also participate in CBD oil stock growth by buying the exchange-traded fund. The ETFMG Alternative Harvest ETF is a fund that invests in companies operating in the global cannabis industry. The ETFMG Alternative Harvest ETF is an umbrella term as it includes a variety of sectors. The ETF is currently trading at an 5-year low at $8.45.

Introduction to Marijuana Stocks

Marijuana stocks are made up to become a thriving and profitable industry. With the legalization of cannabis in Canada and previously in the United States, stocks are bound to arise.

Cannabis companies are not only for those in North America but all over the world, from Europe to Africa. Cannabis stocks are an opportunity that investors can’t afford to miss out on now! One of the best next best things in speculative investing is CBD oil stocks and similar companies. With marijuana becoming more mainstream, there will be a rise of people looking to invest in this sector.

Marijuana Stocks With the Most Momentum

Momentum investing is when you invest in stocks that have gone up faster than the market. If a stock has risen more than the market, momentum investors think it will continue to do so because of factors that caused it to go up. Investors want to buy stocks with high returns and count on a trend continuation in the subsequent months for the stock. The concept is to analyze data of potential Marijuana stocks to buy via Nasdaq, NYSE or even OTC. While investments in ETFs are often compound profits over the years by contribution to the ETFs, specific investing in Marijuana momentum stocks aim for short-term growth with higher risk and higher potential. Keeping an eye on company financials, earnings, cannabis use, and news is important too.

The Role of the Farm Bill

The farm bill was passed to legalize the production and sale of hemp. This is a major step in the right direction for marijuana stocks and will help make it more mainstream and provide employment opportunities with its legalization. The best thing about investing in cannabis companies is that you can get an ownership stake through stock buybacks or dividends.

How to Gain Access to the Global Cannabis Stock Market

An online broker allows you to invest in marijuana stocks from around the world. It is a great way to diversify your portfolio, find new opportunities, and provide liquidity for international investments. By doing this, you can also invest in companies involved with CBD oil processing and production.

Conclusion About the Best CBD Stocks to Buy

Marijuana stocks are a great way to diversify your portfolio and find new opportunities. Investing in them provides liquidity for international investments and owning an ownership stake through stock buybacks or dividends.

Cbd stocks are a wise investment choice that is forecasted to grow exponentially in the future. The product development recently has resulted in a massive uptick in the interest of CBD stocks, and as such, it is crucial to stay up-to-date with this market.

The best CBD stocks have shown strong revenue growth over the past five years and are positioned for rapid future growth due to their product development. The earnings per share are solid for many companies in the marijuana industry, and more and more brands enter the profitable cannabis market.

It is essential to diversify your portfolio, so it is wise to invest in a range of stocks. Marijuana-focused companies with solid fundamentals, which will allow investors the best returns for their investment at a reasonable stock price, are a good starting point.

About the author: Alexander is the founder of daytradingz.com and has 20 years of experience in the financial markets. He aims to make trading and investing easy to understand for everybody, and has been quoted on Benzinga, Business Insider and GOBankingRates.

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