3. Tilray, Inc. (NASDAQ: TLRY)
Market Capitalization: $7.2 billion
Tilray, Inc. (NASDAQ: TLRY) ranks 3rd in our list of 15 most valuable weed companies in the world. Tilray, Inc. is a Toronto-based Canadian weed company with operations in Canada, United States, Europe, Australia, and Latin America. The company is one of the largest and most sophisticated producers of medical weed. Tilray not only cultivates and distributes weed but also spends a huge chunk of its resources on research to further understand the therapeutic value of weed.
Tilray, Inc. (NASDAQ: TLRY) has over 20 brands to distribute both medical and recreational weed in more than 20 countries. With operations in over 20 countries, The company has the largest global geographic footprint among all the companies in the weed industry. Tilray, Inc. (NASDAQ: TLRY) recorded a growth of 26% in its sales revenue in the financial year 2020. The total sales revenue of Tilray, Inc. (NASDAQ: TLRY) jumped to $210.5 million in the financial year 2020.