Best U.S. Cannabis Penny Stocks to Trade Now – July 2025 Watchlist

Industry Overview - The U.S. cannabis industry is projected to reach approximately $39 billion in sales across medical and recreational markets in 2024, with analysts expecting consistent double-digit growth through the end of the decade [1] - Despite ongoing regulatory uncertainty, the sector continues to evolve as legalization gains ground and consumer demand grows [5] Penny Stocks Focus - Investors are currently focusing on marijuana penny stocks due to their explosive potential, which often react strongly to news, earnings, and market momentum [1] - Technical analysis is crucial for trading penny stocks, with traders monitoring volume surges, trendline breaks, and key support levels [2][4] Key Companies Planet 13 Holdings Inc. (PLNH) - Planet 13 is recognized for its Las Vegas SuperStore, which combines entertainment and retail, attracting both tourists and locals [6][10] - The company reported Q1 2025 revenue of approximately $25.7 million, with a gross profit of $11.6 million, resulting in a 45.1% gross margin [11] - Planet 13 operates nine dispensaries and is expanding in both recreational and medical markets, with expectations for revenue growth in the second half of 2025 [8][11] Cansortium Inc. (CNTMF) - Cansortium operates under the Fluent Cannabis Care brand and focuses on Florida's medical cannabis market, with 35 dispensaries in the state [12][14] - The company reported Q1 2025 revenue of $24.2 million, with a gross margin improvement to 57% [15] - Cansortium is positioned for future growth with plans to expand into Texas and Pennsylvania once regulations allow [14][15] Green Thumb Industries Inc. (GTBIF) - Green Thumb is one of the largest multi-state cannabis operators in the U.S., with over 100 dispensaries across 14 states [16][19] - The company posted Q1 2025 revenue of $280 million, reflecting a year-over-year increase of 1.5%, with a gross profit margin of 51.3% [20] - Green Thumb emphasizes cash preservation and long-term sustainability, maintaining a forecast for moderate growth in 2025 [20] Market Dynamics - Momentum in marijuana reform is a significant driver for the sector, with states expanding access despite the lack of federal legalization [3] - Technical setups combined with fundamental research can provide strong risk-reward scenarios for investors in the cannabis market [21]