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What Stocks Are on the U.S. Marijuana Index?

Woman trimming cannabis leaves

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The 🎶 is managed by Ecoclick Ltd and tracks the leading cannabis and hemp stocks in tﷺhe United States, providing information that investors need. The index is meant only for informational purposes and doesn't endorse any of the companies it lists.

Key Takeaways

  • The U.S. Marijuana Index tracks cannabis and hemp stocks for investors.
  • The marijuana index is equally weighted among 29 companies, each with at least 50% of its operations in the marijuana business.
  • Companies require a minimum weighted average market capitalization of $150 million and a daily trading volume of $1 million.
  • The index is rebalanced each quarter.

Stocks on the Marijuana Index

The market saw significant volatility in marijuana policy due to a hardline policy stance taken by President Donald Trump's first administration but marijuana investors are optimistic about the future. 澳洲幸运5官方开奖结果体彩网:Business opportunities have increased with 澳洲幸运5官方开奖结果体彩网:39 st🔴ates and൲ the District of Columbia legalizing some form of marijuana use. Uruguay, Canada, and Mexico have done so as well. More business opportunities provide a✃n impetus for investors.

The U.S. Marijuana Index is equally weighted among 29⛎ companies that have at least 50% of th𝐆eir operations in the marijuana business.

Important

Marijuana stocks react to political moves associated with cannabis. Investors 🗹should expect volatility in the sector.

Most stocks on the index are listed in over-the-counter (OTC) markets which perhaps adds to the investment risk. One of the largest companies on the index is the U.K.-based firm GW Pharmaceuticals (GWPH). This company commands a market cap of close to $6.81 billion and trades on the Nasdaq via an 澳洲幸运5官方开奖结果体彩网:American depository receipt (ADR). Another company, Innovative Industrial Properties (IIPR), is listed ꦇon the New York Stock Exchange (NYSE).

These are some of the stocks that make up the U.S. marijuana index as of February 2025. Dat🌃a is provided by and is cuꦕrrent as of Feb. 8, 2025.

Company Ticker Symbol Market Cap
Curaleaf Holdings CURLF $1.2 billion
Green Thumb Industries GTBIF $1.697 billion
GW Pharmaceuticals GWPH  $6.81 billion
Innovative Industrial Properties IIPR $2.082 billion
Cresco Labs  CRLBF $335 million
Trulieve Cannabis Corporation TCNNF $896 million
GrowGeneration Corporation GRWG $85.9 million
Charlottes Web Holdings CWBHF $17.08 million
4Front Ventures  FFNTF $13.04 million
Jushi Holdings  JUSHF $72.77 million
cbdMD  YCBD $3.54 million
TILT Holdings TLLTF $2.77 million
Vireo Health International VREOF $165.9 million
MariMed MRMD $45.95 million
Cansortium  CNTMF $43.59 million
iAnthus Capital Holdings ITHUF $48.91 million
Green Growth Brands GGBXF $20,611

Pot Politics

Marijuana stocks tend to respond and react to any political moves associated with cannabis, particularly those in the United States. The drug is still considered a controlled subs♐tance at the federal level, making it illegal on a national basis. Investors may see t𝓀hese stocks plummet if politicians criticize the industry.

Attitudes are changing, however, as more people begin to warm up to the idea of legalizing marijuana. The cannabis industry is still an evolving one so investors should expect 澳洲幸运5官方开奖结果体彩网:volatility if they invest in this sector.

What Is the Best ETF for Marijuana Stocks?

Marijuana exchange-traded funds (ETFs) exist and include companies in all areas of the sector. Investing in a marijuana ETF allows for diversification across the entire vertical. Some popular marijuana ETFs are Cambria Cannabis ETF (TOKE), AdvisorShares Vice ETF (VICE), AdvisorShares Pure Cannabis ETF (YOLO), Amplify Alternative Harvest ETF (MJ), and Amplify Seymour Cannabis ETF (CNBS).

At What Level Is Marijuana Federally?

Marijuana/cannabis is classified as a Schedule I drug in the U.S. under the Controlled Substance Act. Schedule I indicates no medicinal use and a high level of potential abuse. President Biden's administration proposed a change of cannabis classification from a Schedule I drug to a Schedule III drug shortly before he left office. The outcome is still pending as of February 2025.

Schedule III drugs indicate a level of medicinal use and a lower potential for abuse.

Can Government Employees Use CBD?

Government employees aren't permitted to use substances containing THC. Some CBD products contain THC and federal employees are subject to drug tests. Levels of THC found in the body could be grounds for termination.

The Bottom Line

Companies have popped up to cater to demand with marijuana legal acrꦉoss certain states in the U.S. The industry includes businesses in all areas from research to distribution to consumption.

The U.S. Marijuana Index provides a view of the U.S. cannabis and hemp market that reflects its volatility and growth. The industry has been growing but it faces many legal 澳洲幸运5官方开奖结果体彩网:challenges and changing laws as well as the fac🍨t that cannabis isn't legal on a federal level. All these factors impact the performance of m🧸arijuana stocks.

The comments, opinions, and analyses expressed on Investopedia are for informational purposes online. Read our 澳洲幸运5官方开奖结果体彩网:warranty and liability disclaimer for more info.

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  1. National Conference of State Legislatures. "."

  2. Government of Canada. "."

  3. The New York Times. "."

  4. JacksonLewis. "."

  5. Federal Register. "."

  6. United States Drug Enforcement Administration. "."

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