The 12 Largest Cannabis Companies in 2024 by Market Value | Stash Learn
The 12 largest cannabis companies in 2024
By: Team Stash
Published: Aug 09, 2024
• Updated: Jun 09, 2026
The cannabis industry is booming across the U.S. and Canada. Recreational and medical cannabis products, from oils, edibles, and prerolls to vapes, skincare products, and more, are now part of a multi-billion dollar industry, and investors are taking notice. According to Grandview Research, the global legal cannabis market is expected to grow at a compound annual rate of 25.7% from 2024 to 2030.
Curious about what kind of companies are out there? Here’s the lowdown on twelve of the largest cannabis companies by market capitalization in North America.
Top cannabis companies in the U.S.
| Name | Ticker | Last price | Today | YTD | |
|---|---|---|---|---|---|
| Innovative Industrial Properties Inc](/content/investments/stocks/innovative-industrial-properties-inc-iipr/index.html) | IIPR | $64.10 | -0.88% | 29.57% (1Y) | |
| Curaleaf Holdings Inc](/content/investments/stocks/curaleaf-holdings-inc-curlf/index.html) | CURLF | $9.35 | 0.0% | 18.96% (1Y) | |
| Green Thumb Industries Inc.](/content/investments/stocks/green-thumb-industries-inc-gtbif/index.html) | GTBIF | $7.11 | -1.25% | -12.11% (1Y) |
Although cannabis consumption is not yet legal on a federal level in the U.S., the last few years have seen a rise in legalization at the state level. Recreational cannabis has been legalized in 24 states, two territories, and the District of Columbia as of 2024.
Top cannabis companies in Canada
Market cap for the top cannabis companies in Canada ranges from $320 million to $1.56 billion.
| Name | Ticker | Last price | Today | YTD | |
|---|---|---|---|---|---|
| Tilray](/content/investments/stocks/tilray-tlry/index.html) | TLRY | $4.30 | -1.15% | -55.76% (1Y) | |
| Cronos Group](/content/investments/stocks/cronos-group-cron/index.html) | CRON | $2.79 | 1.45% | 3.33% (1Y) | |
| Canopy Growth](/content/investments/stocks/canopy-growth-cgc/index.html) | CGC | $0.94 | 1.37% | -21.01% (1Y) | |
| Sundial Growers Inc](/content/investments/stocks/sundial-growers-inc-sndl/index.html) | SNDL | $1.28 | -0.78% | -26.44% (1Y) | |
| Aurora Cannabis](/content/investments/stocks/aurora-cannabis-acb/index.html) | ACB | $2.63 | 1.94% | -39.4% (1Y) |
What to consider when researching cannabis stocks
Investing in marijuana stocks isn’t for everyone. The legal cannabis industry can present a higher potential for risk due to its volatility and the ever-changing regulatory landscape. But if, like many investors, you’re interested in cannabis investing, do your research just as you would when considering an investment in any other sector.
Investing in the legal cannabis industry
When it comes to investing in the cannabis industry, the possibilities are wide open, from investing directly in marijuana stocks to buying shares of companies that offer related products and services.