Best US Marijuana Stocks in 2018: A Deep Dive

In 2018, the marijuana industry experienced a significant surge, and investors were eager to capitalize on this emerging market. With the legalization of cannabis in several states and the increasing acceptance of the plant for both medicinal and recreational purposes, the marijuana sector became a hotbed for investment opportunities. This article will delve into the best US marijuana stocks in 2018, highlighting key players that made waves in the industry.

1. Canopy Growth Corporation (TSX:WEED) (NYSE:CGC)

Canopy Growth Corporation, often regarded as the largest publicly traded marijuana company in the world, dominated the market in 2018. With a robust product portfolio and a strong presence in both the Canadian and international markets, Canopy Growth was a top pick for investors. The company's strategic partnerships, such as its joint venture with Constellation Brands, further solidified its position as a leader in the industry.

2. Tilray, Inc. (NASDAQ:TLRY)

Tilray, Inc. made headlines in 2018 with its initial public offering (IPO) on the NASDAQ. As one of the first cannabis companies to go public, Tilray attracted significant attention and investment. The company's focus on medical cannabis and its commitment to research and development set it apart from its competitors, making it a compelling investment choice.

3. Aurora Cannabis Inc. (TSX:ACB) (NYSE:ACB)

Aurora Cannabis Inc. was another major player in the marijuana industry in 2018. The company's aggressive expansion strategy, including the acquisition of MedReleaf, helped it establish a strong presence in Canada and abroad. Aurora's commitment to sustainability and its innovative products, such as its award-winning cannabis oils, made it an attractive investment for both retail and institutional investors.

4. Cronos Group Inc. (NASDAQ:CRON)

Cronos Group Inc. stood out in 2018 for its unique business model and strategic partnerships. The company's focus on research and development, coupled with its collaboration with Snoop Dogg's brand, Cookies, helped it carve a niche in the market. Cronos Group's commitment to creating high-quality cannabis products and its expansion into new markets made it a compelling investment choice.

5. HEXO Corp. (TSX:HEXO) (NASDAQ:HEXO)

HEXO Corp. gained significant traction in 2018 with its innovative approach to the cannabis industry. The company's focus on organic growth and its commitment to creating a diverse product portfolio helped it attract investors. HEXO's strong brand presence and its strategic partnerships, such as its collaboration with Molson Coors, made it a standout in the competitive marijuana market.

Case Study: Tilray's IPO

One of the most notable events in the marijuana industry in 2018 was Tilray's IPO. The company's successful debut on the NASDAQ was a testament to the growing interest in the sector. Tilray's IPO raised over $900 million, making it one of the largest IPOs in the cannabis industry at the time. The company's strong performance after the IPO further validated its position as a leading player in the market.

In conclusion, the best US marijuana stocks in 2018 were characterized by their strong market presence, innovative products, and strategic partnerships. Companies like Canopy Growth, Tilray, Aurora Cannabis, Cronos Group, and HEXO Corp. stood out for their commitment to quality and growth, making them compelling investment choices for those looking to capitalize on the burgeoning marijuana industry.

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