The Best Marijuana Stocks 2026 And What Investors Should Know

Industry Overview - The cannabis industry is experiencing significant changes in 2026, with high speculation about its future, particularly in the U.S. and Canada, which are leading the sector [1][2] - The recent rescheduling of cannabis to a class 3 substance by the federal government in the U.S. is expected to facilitate further testing and expansion without federal concerns, potentially benefiting companies in the industry [2][3] Company Highlights - Green Thumb Industries Inc. (GTBIF): - The company reported Q3 2025 earnings with a revenue of $291.4 million, reflecting a 1.6% increase year-over-year [9] - Cash at the end of the quarter was $226.2 million, with a GAAP net income of $23.3 million, or $0.10 per share [9] - Adjusted EBITDA was $80.2 million, representing 27.5% of revenue, and cash flow from operations was $74.1 million [9] - Greenlane Holdings, Inc. (GNLN): - Engages in the development and distribution of cannabis accessories and lifestyle products across multiple regions including the U.S., Canada, Europe, and Latin America [10][12] - Recently announced that Canopy Growth Co-founder Bruce Linton will join its board of directors [14] - Curaleaf Holdings, Inc. (CURLF): - Expected fourth quarter net revenue for 2025, excluding discontinued businesses, is projected to be at least $330 million [15][16] - Anticipated adjusted gross profit margin for the fourth quarter, excluding discontinued businesses, is approximately 48.5% [16]