3 Marijuana Stocks To Watch In 2026

Industry Overview - The cannabis industry is entering a critical growth phase, with 2026 positioned as a pivotal year for long-term investors in marijuana stocks [1] - The legal cannabis market is showing signs of structural improvement driven by policy reform, consolidation, and expanding global demand [1][2] Regulatory Developments - A significant development is the U.S. federal government's move to reschedule marijuana, which is expected to lead to meaningful improvements in profitability for top marijuana stocks [2] - Reduced tax pressure and enhanced transparency are making cannabis stocks more attractive to institutional investors [3] Company Highlights - Trulieve Cannabis Corp.: Operates as a cannabis retailer, cultivating, processing, and distributing cannabis products. The company welcomed the reclassification of marijuana to Schedule III under the Controlled Substances Act [4][5] - Curaleaf Holdings, Inc.: Produces and distributes cannabis products in the U.S. and internationally. Recently relocated its Bradford, Pennsylvania dispensary to a new expanded location in Erie, maintaining a footprint of 18 stores in Pennsylvania and 159 locations nationwide [6][8] - Cresco Labs Inc.: Cultivates, manufactures, and sells retail and medical cannabis products in the U.S. and Germany. The CEO highlighted the rescheduling of cannabis as a cultural turning point, reflecting the support of nearly 90% of Americans for some form of cannabis legalization [10]