Top Cannabis Stocks To Add to Your Watchlist – November 13th

Akanda, SHF, Tilray Brands, Trulieve Cannabis, Aurora Cannabis, Glass House Brands, and Cronos Group are the seven Cannabis stocks to watch today, according to MarketBeat’s stock screener tool. Cannabis stocks are shares of publicly traded companies involved in the cannabis industry, including growers, retailers, manufacturers, and businesses that provide related products or services. For investors, they offer exposure to the sector but can be especially sensitive to changing regulations, market demand, and price volatility. These companies had the highest dollar trading volume of any Cannabis stocks within the last several days.

Akanda (AKAN)

AKAN traded up $0.15 during midday trading on Friday, reaching $0.82. 32,563,995 shares of the company’s stock were exchanged, compared to its average volume of 1,325,280. Akanda has a 1-year low of $0.64 and a 1-year high of $78.90. The business’s 50-day moving average price is $1.93 and its 200 day moving average price is $7.69.

SHF (SHFS)

SHF Holdings, Inc., through its subsidiaries, provides access to banking, lending, and other financial services to financial institutions serving the cannabis industry. The company, through its proprietary platform, offers access to business checking and savings accounts, cash management accounts, savings and investment options, commercial lending, courier services, remote deposit services, automated clearing house payments and origination, and wire payments.

Shares of SHFS stock traded up $0.01 during trading hours on Friday, hitting $0.03. The company’s stock had a trading volume of 718,108,609 shares, compared to its average volume of 35,601,785. The business has a fifty day moving average of $0.86 and a 200-day moving average of $5.20. The stock has a market cap of $15,984.00, a price-to-earnings ratio of -0.00 and a beta of 1.01. SHF has a twelve month low of $0.01 and a twelve month high of $25.20.

Tilray Brands (TLRY)

Tilray, Inc. engages in the research, cultivation, processing, and distribution of medical cannabis. The company offers its products in Argentina, Australia, Canada, Chile, Croatia, Cyprus, the Czech Republic, Germany, New Zealand, and South Africa. Tilray, Inc. is headquartered in Canada.

Shares of TLRY traded down $0.04 during mid-day trading on Friday, reaching $2.45. 1,329,888 shares of the company’s stock were exchanged, compared to its average volume of 4,275,180. The company has a quick ratio of 1.11, a current ratio of 1.88 and a debt-to-equity ratio of 0.17. Tilray Brands has a 52-week low of $2.41 and a 52-week high of $15.70. The company has a market cap of $362.23 million, a price-to-earnings ratio of -1.75 and a beta of 2.04. The company has a 50-day simple moving average of $3.44 and a two-hundred day simple moving average of $5.22.

Trulieve Cannabis (TRLV)

Trulieve Cannabis Corp., together with its subsidiaries, operates as a medical cannabis company. The company cultivates and produces products in-house and distributes its products to Trulieve branded stores (dispensaries) in Florida, California, Massachusetts, Connecticut, Pennsylvania, and West Virginia, as well as directly to patients through home delivery.

TRLV stock traded down $0.45 on Friday, reaching $10.70. The company had a trading volume of 282,776 shares, compared to its average volume of 988,234. Trulieve Cannabis has a 1 year low of $4.62 and a 1 year high of $13.28. The company has a current ratio of 5.52, a quick ratio of 3.65 and a debt-to-equity ratio of 0.45. The firm’s fifty day moving average price is $11.15. The company has a market capitalization of $2.06 billion and a P/E ratio of 53.70.

Aurora Cannabis (ACB)

Aurora Cannabis Inc., together with its subsidiaries, produces, distributes, and sells cannabis and cannabis-derivative products in Canada and internationally. It operates through three segments: Canadian Cannabis, European Cannabis, and Plant Propagation. The company produces, distributes, and sells medical and consumer cannabis products in Canada.

NASDAQ:ACB traded down $0.12 during trading hours on Friday, reaching $4.88. 584,312 shares of the company traded hands, compared to its average volume of 1,182,511. The company has a debt-to-equity ratio of 0.03, a current ratio of 5.00 and a quick ratio of 2.60. The firm’s 50-day moving average is $4.23 and its 200-day moving average is $3.58. The stock has a market cap of $320.38 million, a P/E ratio of -4.97 and a beta of 0.65. Aurora Cannabis has a 1-year low of $2.56 and a 1-year high of $6.36.

Glass House Brands (GLAS)

Glass House Brands is a vertically integrated cannabis company. Glass House Brands is based in LONG BEACH, Calif.

Shares of NYSE GLAS traded up $0.07 during trading on Friday, reaching $1.32. The company had a trading volume of 1,196,885 shares, compared to its average volume of 674,592. Glass House Brands has a twelve month low of $1.06 and a twelve month high of $13.93. The stock has a market capitalization of $122.43 million and a PE ratio of -1.72. The business’s 50-day simple moving average is $4.83. The company has a quick ratio of 0.70, a current ratio of 1.33 and a debt-to-equity ratio of 0.77.

Cronos Group (CRON)

Cronos Group Inc. operates as a cannabinoid company that engages in the cultivation, production and marketing of cannabis products in Canada, Israel, and Germany. It offers dried flower, pre-rolls, oils, vaporizers, edibles, and cannabis tinctures under the Spinach, Lord Jones, and PEACE NATURALS brands.

Shares of NASDAQ:CRON traded down $0.04 on Friday, hitting $3.38. The company had a trading volume of 304,417 shares, compared to its average volume of 1,257,708. The company has a market cap of $1.24 billion, a PE ratio of 19.85 and a beta of 0.96. Cronos Group has a 52-week low of $2.28 and a 52-week high of $3.91. The business has a 50 day moving average of $3.32 and a 200 day moving average of $2.89.