8 Best CBD Stocks to Buy Right Now

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6. Cronos Group Inc (NASDAQ:CRON)

Stock Upside Potential: 39.35%

Number of Hedge Fund Holders: 16

Cronos Group Inc (NASDAQ:CRON) is one of the best CBD stocks to buy right now. The stock is up roughly 40% over the past year, and analysts see it rising further over the next 12 months.

On May 11, Cronos Group Inc (NASDAQ:CRON) reported Q1 2026 results that surpassed expectations. Net revenue jumped 40% YoY to a record $45.2 million and exceeded analysts’ forecast of $42.23 million. The company said the topline growth was driven by strong cannabis flower sales in Canada, Israel, and other countries.

Cronos posted a net income of $15.7 million, compared to $7.7 million in the prior year. The company said this increase was primarily supported by higher gross profit and other income. The EPS came in at $0.04, above the $0.02 that analysts expected.

Lord Jones, the company’s brand of CBD products that serves the premium consumer market, continued to expand its market share in Q1. In Canada’s chocolate cannabis edibles category, the brand held a 9.1% market share and ranked third in the country. Lord Jones also expanded into Israel’s medical cannabis market in Q1 and was met with strong demand for its premium flower strains.

Looking ahead, Cronos counts on its acquisition of CanAdelaar to accelerate its growth in Europe. It expects to close the acquisition in the summer of 2026.

Cronos Group Inc (NASDAQ:CRON) is a Canadian company that produces and sells a broad variety of cannabis and hemp-derived products. Its product portfolio includes dried flowers, pre-rolls, vapes, oils, and edibles, and these are sold under various brand names, such as Lord Jones.

While we acknowledge the potential of CRON to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CRON and that has 100x upside potential, check out our report about the cheapest AI stock.

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

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