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Best CBD Oil Stocks

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GW Pharmaceuticals (NASDAQ: GWPH)

Since 1998, GW Pharmaceuticals is an established world leader in the development of plant-derived cannabinoid therapeutics. Its primary products are EPIDIOLEX® and Sativex®. GW Pharmaceuticals also has a deep pipeline of other cannabinoid products for the treatment of Rett syndrome, autism and schizophrenia.

The pharmaceutical stock has a market cap of $4 billion and trades over 350,000 shares per day. It has an EPS of $0.98 and a P/E ratio of 132.36. GW Pharmaceuticals generated total revenue of $311 million in 2019.

GW Pharmaceuticals has received notification from the U.S. Drug Enforcement Administration (DEA) confirming that EPIDIOLEX® is no longer subject to the Controlled Substances Act (CSA). DEA’s letter means that all federal controlled-substance restrictions have been removed for EPIDIOLEX®. Once this process is completed in each state, prescriptions for EPIDIOLEX®, like other non-controlled medicines, will be valid for 1 year and can be easily transferred among pharmacies.

90.01 0.68 (0.76%)
Volume 28.88K Market Cap 2.80B
88.131 - 90.93
67.98 - 141.98
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Aphria (NASDAQ: APHA)

Through an unrelenting commitment to the people, planet and product, Aphria produces high-quality cannabis in natural growing conditions. It owns and operates 2 medical brands including Aphria and Broken Coast, along with 3 adult-use brands such as Solei, Riff and Good Supply.

The CBD oil stock has a market cap of $1.1 billion and has high liquidity with an average daily trade volume of 3.4 million shares. It has an EPS of $0.09 and a P/E ratio of 49.33. Aphria generated total revenue of $174 million in 2019, making it one of the best stocks under $5 to invest in.

An institutional investor has made a strategic investment of CAD 100 million in Aphria. The investor has agreed to purchase 14,044,944 units of the company at a price of CAD $7.12 per share. Aphria also increased its net cannabis revenue by 65% compared to the last quarter of 2020.

4.50 0.01 (0.22%)
Volume 4.09M Market Cap 1.20B
4.31 - 4.5
1.95 - 6.44
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Village Farms Intl (NASDAQ: VFF)

As one of the largest and longest-operating greenhouse growers in North America, Village Farms International produces and distributes premium cannabis to national growers in the U.S. and Canada.

The cannabis stock has a market cap of $288 million and trades over 1 million shares per day. It has an EPS of $0.04 and a P/E ratio of 128. Village Farms International generated total revenue of $144 million in 2019, making it one of the best stocks under $10.

Village Farm International recently reported its revenue in Q1 2020 and declared that it has had a profitable business for the 5th consecutive quarter. The cannabis company has also announced that it has expanded its credit facility with its existing lender by $59 million.

4.65 -0.27 (-5.49%)
Volume 85.70K Market Cap 261.56M
4.55 - 4.94
2.07 - 8.9007
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GrowGeneration (NASDAQ: GRWG)

GrowGeneration Corp. is a premier supplier of cannabis and cannabis-growing equipment. These products include organic nutrients, drip systems, water pumps, air pumps, LED lights and commercial light systems. It is the largest hydroponic supplier in the U.S., with 31 retail and distribution centers.

The cannabis stock has a market cap of $849 million and has an EPS of $0.02. It has an annual dividend yield of $0.02 per share. GrowGeneration has high liquidity and trades more than 1.7 million shares per day. It generated revenue of $79 million in 2019.

16.70 -0.48 (-2.79%)
Volume 2.69M Market Cap 643.52M
15.84 - 17.53
2.62 - 22.88
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Neptune Wellness Solns (NASDAQ: NEPT)

Neptune Wellness Solutions Inc. is an integrated health and wellness company. It crafts high-quality hemp extracts such as essential oils, edibles, tinctures and sprays. The supply chain capabilities of Neptune Wellness Solutions provide end-to-end customer solutions. The company designs its products using the finest ingredients sourced from verified suppliers.

The marijuana stock has a market cap of $206 million. It has high liquidity and trades over 948,000 shares per day. Neptune Wellness Solutions generated revenue of $24 million in 2019.

1.93 0.02 (1.05%)
Volume 4.69M Market Cap 191.72M
1.78 - 2.16
0.96 - 3.6
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CBD Oil Stock Movers of the Day

Stay up to date with the latest price movements of CBD oil stocks on the market today. You can also review these premarket movers to help you trade stocks before trading sessions open.

The data provided below is intended for educational purposes only, we have included the session dates for your reference.

Premarket CBD Oil Stocks
Symbol Last Price Change % Change Trade
MARPS 3.4 0.94 38.21% Trade
BLRX 1.995 0.515 34.79% Trade
TCDA 5.62 1.25 28.6% Trade
AIRI 1.3101 0.29 28.44% Trade
DSKE 6.5486 1.359 26.17% Trade
BBW 4.1711 0.851 25.63% Trade
ACHC 35.59 6.61 22.8% Trade
MICT 3.13 0.57 22.26% Trade
CASI 2.35 0.42 21.76% Trade
LNSR 9.81 1.65 20.22% Trade
Symbol Last Price Change % Change Trade
SNBP 2.92 -6.58 -69.27% Trade
DUOT 3.4634 -3.537 -50.53% Trade
AXGT 2.1245 -1.525 -41.8% Trade
BLCM 3.69 -2.21 -37.46% Trade
PBI 5.31 -2.11 -28.44% Trade
NTEC 2.28 -0.796 -25.88% Trade
NUZE 12.9 -4 -23.67% Trade
COLM 74.77 -21.5 -22.34% Trade
MVIS 1.73 -0.48 -21.72% Trade
TWTR 41.2501 -11.2 -21.36% Trade
Market CBD Oil Stocks
Symbol Last Price Change % Change Trade
NTEC 2.97 2.816 1831.07% Trade
BLRX 2.26 0.78 52.7% Trade
SDPI 0.575 0.149 35% Trade
AIRI 1.37 0.35 34.31% Trade
EQ 7.07 1.07 17.83% Trade
PLT 21.9 2.89 15.2% Trade
DZSI 11.16 1.43 14.69% Trade
MGI 5.1 0.61 13.58% Trade
DSKE 5.89 0.7 13.48% Trade
TRUP 81.5 9.44 13.1% Trade
Symbol Last Price Change % Change Trade
BLCM 3.86 -2.04 -34.58% Trade
AXGT 2.58 -1.07 -29.32% Trade
RYI 6.05 -2.03 -25.13% Trade
MVIS 1.77 -0.44 -19.91% Trade
HEXO 0.588 -0.134 -18.53% Trade
NTWK 2.0004 -0.45 -18.36% Trade
UUU 2.84 -0.51 -15.23% Trade
TWTR 44.48 -7.97 -15.2% Trade
PSHG 0.42 -0.07 -14.29% Trade
PXLW 1.97 -0.31 -13.6% Trade
After Hours CBD Oil Stocks
Symbol Last Price Change % Change Trade
ISIG 1.03 0.2 24.08% Trade
VHC 6.75 1.21 21.84% Trade
DNOW 4.63 0.55 13.48% Trade
VRNA 6.51 0.64 10.9% Trade
ATHE 1.37 0.13 10.48% Trade
NWGI 1.65 0.14 9.27% Trade
GTEC 1.95 0.14 7.73% Trade
GNCA 2.24 0.16 7.69% Trade
AEMD 1.44 0.1 7.46% Trade
XPL 0.45 0.03 7.14% Trade
Symbol Last Price Change % Change Trade
ORTX 3.58 -0.46 -11.39% Trade
BDR 1.17 -0.12 -9.31% Trade
PED 1.38 -0.13 -8.61% Trade
BIOX 5.555 -0.495 -8.19% Trade
NVUS 24.1 -2.08 -7.95% Trade
UUU 2.87 -0.24 -7.72% Trade
ESGC 1.78 -0.14 -7.3% Trade
NEXT 2.25 -0.17 -7.03% Trade
BLCM 3.45 -0.26 -7.01% Trade
CDEV 0.5801 -0.04 -6.4% Trade

After the legalization of marijuana in the U.S., many companies are actively engaged in the research, development and distribution of cannabis. Cannabidiol (CBD) is the non-psychoactive substance present within cannabis and its products such as CBD oil has had a major impact on the health and wellness industry. 

Take a look at these CBD oil stocks that are generating millions of dollars in revenue this year.  

Overview: CBD Oil Stocks

Since ancient times, cannabis has been used as a form of medicine and as a means to induce euphoria. Indian sages have also mentioned the medicinal use of marijuana in Vedic hymns of antiquity.

However, President Richard Nixon banned the cultivation and sale of marijuana in the U.S. as part of his “war on drugs” campaign in 1970. It wasn’t until the Compassionate Use Act of 1996 was passed that California became the first state to legalize marijuana to treat people with severe or chronic diseases. As of 2020, 33 states in the U.S. have legalized the medical use of marijuana and 11 states have legalized the recreational use of marijuana. 

According to a recent report by the New Frontier Data, the legal sale of cannabis could reach $30 billion by 2025. Due to such high potential to earn profits, alcohol companies have started to invest big in CBD oil companies.  

Constellation Brands Inc. (NYSE: STZ) has invested close to $4 billion in Canopy Growth Corp. (NYSE: CGC). Molson Coors (NYSE: TAP) invested $1.8 billion in Hexo (TSX: HEXO). Budweiser (NYSE: BUD) entered a joint venture to develop non-alcoholic CBD drinks with Tilray Inc. (NASDAQ:  TLRY). 

You can still catch up with the market trend and gain some good earnings by investing in CBD oil stocks today. 

Best Online Brokers for CBD Oil Stock

Online brokers let you browse and trade thousands of stocks listed on major stock exchanges. These platforms are bundled with tons of educational resources and tools to let you manage your stock portfolio on the go. Many of these online brokers also allow you to trade stocks commission-free. 

Benzinga has handpicked these online brokers to get you started. 

Commissions
$0
Account Minimum
$0
Get started securely through Webull’s website
Commissions
$0
Account Minimum
$0
1 Minute Review

Webull, founded in 2017, is a mobile app-based brokerage that features commission-free stock and exchange-traded fund (ETF) trading. It’s regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Webull offers active traders technical indicators, economic calendars, ratings from research agencies, margin trading and short-selling. Webull’s trading platform is designed for intermediate and experienced traders, although beginning traders can also benefit.

Webull is widely considered one of the best Robinhood alternatives.

Best For
  • Active traders
  • Intermediate traders
  • Advanced traders
Pros
  • Commission-free trading in over 5,000 different stocks and ETFs
  • No account maintenance fees or software platform fees
  • No charges to open and maintain an account
  • Leverage of 4:1 on margin trades made the same day and leverage of 2:1 on trades held overnight
  • Intuitive trading platform with technical and fundamental analysis tools
Cons
  • Does not support trading in options, mutual funds, bonds or OTC stocks
Commissions
$0
Account Minimum
$0
Get started securely through TradeStation’s website
Commissions
$0
Account Minimum
$0
1 Minute Review

TradeStation is for advanced traders who need a comprehensive platform. The brokerage offers an impressive range of investable assets as frequent and professional traders appreciate its wide range of analysis tools. TradeStation’s app is also equally effective, offering full platform capabilities.

Best For
  • Advanced traders
  • Options and futures traders
  • Active stock traders
Pros
  • Comprehensive trading platform and professional-grade tools
  • Wide range of tradable securities
  • Fully-operational mobile app
Cons
  • Confusing pricing structure to leave new traders with a weak understanding of what they pay
  • Cluttered layout to make navigating TradeStation’s platform more difficult than it should be
Commissions
$0 $6.95 for OTC Stocks
Account Minimum
$0
Get started securely through TD Ameritrade’s website
Commissions
$0 $6.95 for OTC Stocks
Account Minimum
$0
1 Minute Review

This publicly listed discount broker, which is in existence for over four decades, is service-intensive, offering intuitive and powerful investment tools. Especially, with equity investing, a flat fee is charged, with the firm claiming that it charges no trade minimum, no data fees, and no platform fees. Though it is pricier than many other discount brokers, what tilts the scales in its favor is its well-rounded service offerings and the quality and value it offers its clients.

Best For
  • Novice investors
  • Retirement savers
  • Day traders
Pros
  • World-class trading platforms
  • Detailed research reports and Education Center
  • Assets ranging from stocks and ETFs to derivatives like futures and options
Cons
  • Thinkorswim can be overwhelming to inexperienced traders
  • Derivatives trading more costly than some competitors
  • Expensive margin rates

Features to Look for in CBD Oil Stock

  1. Profitable earnings per share: The earnings per share (EPS) of a company can tell you how much money you stand to make on each invested share. You can calculate the EPS of a company by dividing its net income by its total number of outstanding shares.  
  1. Low price-earnings ratio: You can determine if a stock is undervalued or overpriced by its price-earnings (P/E) ratio. A high P/E ratio could indicate that the company stock is overpriced or that it may be expecting to grow in the coming months. 
  1. Growth in yearly revenue: CBD oil companies have invested huge capital in top-notch equipment and warehouse facilities for producing and distributing high-quality marijuana plants. Be sure to go through their net income over the last few years to check if the company stock is growing or if it is underperforming in the market.     

Don’t Panic, It’s Organic

Cannabis has worked wonders for many verticals such as sports, medicine and recreational art industries. CBD oil companies are constantly developing new strains of marijuana that are safe and accessible to their customers over the counter. Invest in CBD oil companies now and watch your wealth grow organically.    

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