The cannabis industry faced similar obstacles in 2023 as it did in 2022, with a lack of reform in both the US and Canada proving to be a significant roadblock to growth in the market.
Even so, companies in the sector continue to move forward, and with potential catalysts ahead some investors are interested in getting involved. Looking at key players is often a good place to get started.
This list was put together based on the top-weighted pure cannabis stocks included in the AdvisorShares Pure US Cannabis ETF (ARCA:MSOS) and the Horizons Marijuana Life Sciences Index ETF (TSX:HMMJ) as of November 30, 2023. Share price information for the companies was accurate as of that time.
US operators
Cannabis is federally illegal in the US, but state market openings have allowed some operators to thrive. Typically these firms set up vertically integrated businesses with a focus on…
