5 Most Valuable Weed Companies in the World

2. Canopy Growth Corporation (NASDAQ: CGC)

Market Capitalization: $8.6 billion

Canopy Growth Corporation (NASDAQ: CGC) ranks 2nd in our list of 15 most valuable weed companies in the world. Formerly known as Tweed Marijuana Inc, Canopy Growth is an Ontario based world-leading weed company. It was the first federally licensed, and publicly traded weed company in the North American continent. The company cultivates cannabis and manufactures a broad range of weed products both for recreational and medical use.

Canopy Growth Corporation (NASDAQ: CGC) products are available in the form of edibles, beverages, vapes, dried-flowers, softgel capsules, and oils. The company has multiple brands to meet the diverse needs of its customers in over a dozen countries across five continents.

Like other big weed companies, Canopy Growth Corporation (NASDAQ: CGC) also recorded a strong growth of 37% in its last financial year. In the financial year 2020-2021, the company recorded sales revenue of 546.6 billion Canadian dollars.