Despite marijuana remaining illegal in most countries and in a majority of U.S. states, many marijuana companies have continued to thrive.
Currently, only a few nations, such as Canada and Uruguay, have legalized recreational marijuana. In the U.S., 24 states have legalized recreational marijuana. Regarding medical marijuana, around 40 countries have legalized it, alongside 38 U.S. states.
With that in mind, below is a list of the 10 most valuable marijuana companies by total market cap.
Innovative Industrial
- Ticker: IIPR
- Total Market Cap: $3.09 B
- Year Formed: 2016
- Country: USA
Curaleaf
- Ticker: CURLF
- Total Market Cap: $2.86 B
- Year Formed: 2010
- Country: USA
Green Thumb Industries
- Ticker: GTII.CN
- Total Market Cap: $2.79 B
- Year Formed: 2014
- Country: USA
Trulieve Cannabis
- Ticker: TRUL.CN
- Total Market Cap: $1.72 B
- Year Formed: 2016
- Country: USA
Tilray
- Ticker: TLRY
- Total Market Cap: $1.45 B
- Year Formed: 2013
- Country: Canada
Verano Holdings
- Ticker: VRNOF
- Total Market Cap: $1.27 B
- Year Formed: 2014
- Country: USA
Cronos Group
- Ticker: CRON
- Total Market Cap: $0.85 B
- Year Formed: 2012
- Country: Canada
Canopy Growth
- Ticker: CGC
- Total Market Cap: $0.64 B
- Year Formed: 2013
- Country: Canada
Cresco Labs
- Ticker: CRLBF
- Total Market Cap: $0.56 B
- Year Formed: 2013
- Country: USA
Sundial Growers
- Ticker: SNDL
- Total Market Cap: $0.52 B
- Year Formed: 2006
- Country: Canada
