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12 Best CBD Stocks To Buy Now

In this article, we discuss the best CBD stocks to buy now. If you want to skip our detailed analysis of these stocks, go directly to 5 Best CBD Stocks To Buy Now

Cannabidiol, also known as CBD, is a chemical compound commonly found in marijuana. CBD can be derived from hemp or non-hemp plants. It is an active ingredient in cannabis, one of the most prominent recreational drugs across the world. According to the United States government, marijuana is the most commonly used drug in the US. Nearly 48 million people across the country have used it at least once since 2019. This figure comprises nearly 18% of the total population in the United States. 

Although marijuana is still illegal in many US states, there has been a massive push towards the legalization of the drug. This is due to the incredible popularity of the drug as well as new research which sheds light on the medical benefits of using it. Last year, US President Joe Biden, in line with his promises made during the presidential campaign of 2020, asked the Health Department to reconsider whether the classification of cannabis as a Schedule I drug under the Controlled Substances Act was appropriate, given the medical research on the topic.

Schedule 1 drugs – like heroin and LSD – are generally defined as drugs that have no accepted medical usage and also have a high potential for abuse. Schedule III drugs, as marijuana is beginning to be classified under new regulations, are defined as drugs with a moderate to low potential for physical and psychological dependence. As more states legalize marijuana, cannabis firms like Tilray Brands, Inc. (NASDAQ:TLRY), Innovative Industrial Properties, Inc. (NYSE:IIPR), and Canopy Growth Corporation (NASDAQ:CGC) look set to pop. 

In late September this year, the Senate Banking Committee approved the passage of a new bill to the Senate floor. This bill, named The Secure and Fair Enforcement Regulation (SAFER) Banking Act, aims to provide legal cover to banks and other financial institutions who provide services to marijuana companies in states where the drug has been legalized. The bill had been introduced by a bipartisan group of lawmakers, highlighting the support that legalization of marijuana enjoyed on both sides of the aisle.

In August this year, in line with directives of US President Biden, issued a recommendation to the Drug Enforcement Administration that marijuana be reclassified from a Schedule I to a Schedule III drug. The stocks of CBD firms have been soaring since. Latest market research by Technavio reveals that the cannabis market in the US will grow at an astonishing rate of more than 24% in the next four years. This represents an increase of almost $50 billion in the period between 2022 and 2027. 

Investors who are eager to profit from this boom for CBD stocks should take a deeper dive into the business models of CBD firms. Recent statements made by Irwin Simon, the CEO of Tilray Brands, Inc. (NASDAQ:TLRY), provide helpful context. During the first quarter earnings call for the 2024 fiscal year, Simon outlined that his company was working to deliver industry-leading, profitable growth and sustainable long-term shareholder value for investors by focusing on core fundamentals.

“Tilray is No. 1 in cannabis flower, oils, concentrates, and THC beverages, and No. 2 in pre-rolls, No. 4 in vape, and the top 10 in all other categories.Aggregate all categories in either inhalable or ingestibles, Tilray is No. 1 in both of these groups. We grew international cannabis revenue by 37%, and we are the market leader in medical cannabis across Europe with leading market shares in Germany, Poland, and Luxembourg. We are a leader in the hemp food industry with a 52% branded market share with Manitoba harvest in the U.S.and Canadian market share of nearly 80%. With our recent acquisition of eight craft beer and beverage brands from Anheuser-Busch, we are growing fast in the craft beverage alcohol industry, solidifying our leadership position as the fifth-largest U.S. craft beer brewer with 5% market share in a growing market. And since year-end, we paid down $177 million of our debt.

The balance we have brought to our business model by going beyond cannabis has given us a strong position today and is positioning us well for higher growth future opportunities, including when U.S. federal cannabis legalization and German legalization of adult-use cannabis happens. We believe we’re in a great place going forward, well positioned with the resources, infrastructure, and operations, the distribution of brands, sales and marketing, and know-how to lead the revolution of cannabis CBG into the American and European mainstream. Cannabis was our largest segment by net revenue and comprised of approximately 40% of the total revenue. Gross revenue from Canadian adult-use cannabis increased 22% driven by innovation and share growth in dried flower, vapes, and pre-roll. This was achieved both organically and as a result of our recent acquisitions.”

Our Methodology

The companies that operate in the cannabis sector were selected for the list. Data from around 900 elite hedge funds tracked by Insider Monkey in the third quarter of 2023 was used to identify the number of hedge funds that hold stakes in each firm.

A cannabis industry professional using software as a service-based tools to streamline operations.

Best CBD Stocks To Buy Now

12. SNDL Inc. (NASDAQ:SNDL)

Number of Hedge Fund Holders: 3      

SNDL Inc. (NASDAQ:SNDL) is a Canada-based firm that markets cannabis products. On November 13, SNDL Inc. (NASDAQ:SNDL) posted earnings for the third quarter of 2023, reporting a revenue of C$237 million, up more than 3% compared to the revenue over the same period last year. 

At the end of the third quarter of 2023, 3 hedge funds in the database of Insider Monkey held stakes worth $1.3 million in SNDL Inc. (NASDAQ:SNDL), compared to 2 the preceding quarter worth $1.2 million.

Just like Tilray Brands, Inc. (NASDAQ:TLRY), Innovative Industrial Properties, Inc. (NYSE:IIPR), and Canopy Growth Corporation (NASDAQ:CGC), SNDL Inc. (NASDAQ:SNDL) is one of the best CBD stocks to buy now. 

11.  Clever Leaves Holdings Inc. (NASDAQ:CLVR)

Number of Hedge Fund Holders: 4  

Clever Leaves Holdings Inc. (NASDAQ:CLVR) operates in the botanical cannabinoid and nutraceutical industries. On November 9, Clever Leaves Holdings Inc. (NASDAQ:CLVR) posted earnings for the third quarter of 2023, reporting a revenue of $3.8 million, up more than 15% compared to the revenue over the same period last year. 

At the end of the third quarter of 2023, 4 hedge funds in the database of Insider Monkey held stakes worth $10,000 in  Clever Leaves Holdings Inc. (NASDAQ:CLVR), compared to 6 in the previous quarter worth $351,000.

10. Organigram Holdings Inc. (NASDAQ:OGI)

Number of Hedge Fund Holders: 4   

Organigram Holdings Inc. (NASDAQ:OGI) engages in the production and sale of cannabis and cannabis-derived products in Canada. In mid-August, Organigram Holdings Inc. (NASDAQ:OGI) had announced that it had entered into a supply agreement to provide medical cannabis flower to UK-based 4C LABS. 

At the end of the third quarter of 2023, 4 hedge funds in the database of Insider Monkey held stakes worth $336,000 in Organigram Holdings Inc. (NASDAQ:OGI), compared to 5 in the previous quarter worth $808,000.

9. Village Farms International, Inc. (NASDAQ:VFF)

Number of Hedge Fund Holders: 4 

Village Farms International, Inc. (NASDAQ:VFF) markets agricultural products. On November 9, investment advisory Craig-Hallum upgraded Village Farms International, Inc. (NASDAQ:VFF) stock to Buy from Hold with a price target of $1, identifying the company as one of the best bets in cannabis given significant multi-year growth opportunities for cannabis. 

At the end of the third quarter of 2023, 4 hedge funds in the database of Insider Monkey held stakes worth $243,000 in Village Farms International, Inc. (NASDAQ:VFF), compared to 5 in the preceding quarter worth $250,000. 

8. Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM)

Number of Hedge Fund Holders: 6    

Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) makes and sells agricultural equipment and supplies. On November 9, Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) posted earnings for the third quarter of 2023, reporting a revenue of around $54 million. The firm said net sales stood at approximately $230 million to $240 million.

At the end of the third quarter of 2023, 6 hedge funds in the database of Insider Monkey held stakes worth $1.6 million in Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM), compared to 5 the preceding quarter worth $1.4 million.

7. GrowGeneration Corp. (NASDAQ:GRWG)

Number of Hedge Fund Holders: 7   

GrowGeneration Corp. (NASDAQ:GRWG) owns and runs retail hydroponic and organic gardening stores. On November 9, investment advisory Stifel maintained a Hold rating on GrowGeneration Corp. (NASDAQ:GRWG) stock and lowered the price target to $2.85 from $3.50, noting that amid any potential sector consolidation, the company was best positioned and faced the least risk of not participating. 

At the end of the third quarter of 2023, 7 hedge funds in the database of Insider Monkey held stakes worth $3.2 million in GrowGeneration Corp. (NASDAQ:GRWG), the same as in the previous quarter worth $7.8 million.

6. Cronos Group Inc. (NASDAQ:CRON)

Number of Hedge Fund Holders: 8  

Cronos Group Inc. (NASDAQ:CRON) makes and sells hemp-derived supplements and cosmetic products. On November 27, Cronos Group Inc. (NASDAQ:CRON) announced a sale and leaseback agreement with vertical farming firm Future Farmco Canada. Under the terms of the sale agreement, the buyer agreed to acquire the property for C$23 million.

Among the hedge funds being tracked by Insider Monkey, Delaware-based investment firm Chescapmanager LLC is a leading shareholder in Cronos Group Inc. (NASDAQ:CRON) with 8.3 million shares worth more than $16 million. 

In addition to Tilray Brands, Inc. (NASDAQ:TLRY), Innovative Industrial Properties, Inc. (NYSE:IIPR), and Canopy Growth Corporation (NASDAQ:CGC), Cronos Group Inc. (NASDAQ:CRON) is one of the best CBD stocks to buy now. 

Click to continue reading and see 5 Best CBD Stocks To Buy Now.

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Disclosure. None. 12 Best CBD Stocks To Buy Now is originally published on Insider Monkey.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

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A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…