Cannabis Seed Companies Stock

SEED | Complete Origin Agritech Ltd. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview. These are the marijuana stocks with the best value, fastest growth, and best performance for August 2022. These pot stocks will have investors seeing green in the new year.

Origin Agritech Ltd.

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Origin Agritech Shares Rise 14% After New Supply Agreement

Origin Agritech’s stock soars 36% premarket after asset sales deal late Tuesday

Origin Agritech rockets on China report

BOSTON (MarketWatch) — Shares of Chinese agricultural biotech group Origin Agritech Ltd. rocketed 40% to $3.49 on Wednesday. According to The Wall Street Journal, investment firm Monness Crespi Hardt said that Origin is .

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Origin Agritech profit falls, says CEO resigns

Origin Agritech Ltd.’s (SEED) fiscal third-quarter earnings fell 86%, absent a prior year gain, as the supplier of crop seeds in China also disclosed plans to restructure its Northeast seed-distribution unit.

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Origin Agritech shares fall 9% on earnings report

SAN FRANCISCO (MarketWatch) — Shares of Origin Agritech Ltd. slid 9% to $7.34 in early trades Tuesday after the supplier of hybrid crop seeds in China reported fiscal third-quarter results. Origin reported net income of .

China’s Origin Agritech drops 7.7% on results

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Origin Agritech Ltd.

Origin Agritech Ltd. produces and distributes hybrid crop seeds. It focuses on agricultural biotechnology and an e-commerce platform, operating primarily in the PRC. The firm’s seed research and development activities in crop seed breeding and genetic improvement; and e-commerce activities focus on delivering agricultural products to farmers in China via online and mobile ordering and tracking the source of the agricultural products via blockchain technologies. The company was founded by Geng Chen Han in 1997 and is headquartered in Beijing, China.

Top Marijuana Stocks for August 2022

AYR.A.CX, OGI, and IIPR are top for value, growth, and performance, respectively

The marijuana industry is made up of companies that either support or are engaged in the research, development, distribution, and sale of medical and recreational marijuana. Cannabis has begun to gain wider acceptance and has been legalized in a growing number of nations, states, and other jurisdictions for recreational, medicinal, and other uses. Some of the biggest companies in the marijuana industry include Canopy Growth Corp. (CGC), Cronos Group Inc. (CRON), and Tilray Inc. (TLRY). Many big marijuana companies have continued to post sizable net losses as they focus on investments needed to speed up revenue growth. 37 U.S. states now permit the use of marijuana in some form.

Marijuana stocks, as represented by the ETFMG Alternative Harvest ETF (MJ), have vastly underperformed the broader market. MJ has provided a total return of -68.5% over the past 12 months, well below the Russell 1000 Index’s total return of -10.0%. These market performance numbers and all statistics in the tables below are as of June 28, 2022.

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Here are the top five marijuana stocks with the best value, the fastest growth, and the best performance.

Best Value Marijuana Stocks

These are the marijuana stocks with the lowest 12-month trailing price-to-sales (P/S) ratio. For companies in the early stages of development or industries suffering from major shocks, this can be substituted as a rough measure of a business’s value. A business with higher sales could eventually produce more profit when it achieves (or returns to) profitability. The P/S ratio shows how much you’re paying for the stock for each dollar of sales generated.

Best Value Marijuana Stocks
Price ($) Market Cap ($B) 12-Month Trailing P/S Ratio
Ayr Wellness Inc. (AYR.A.CX) CA$6.40 CA$0.4 0.8
Cresco Labs Inc. (CL.CX) CA$3.40 CA$1.0 0.9
Jushi Holdings Inc. (JUSH.CX) CA$1.97 CA$0.4 1.4
Aurora Cannabis Inc. (ACB) 1.49 0.4 1.7
Trulieve Cannabis Corp. (TRUL.CX) CA$16.46 CA$3.0 2.0
  • Ayr Wellness Inc.: Ayr Wellness is a cannabis company involved in the cultivation, manufacturing, and dispensing of cannabis and cannabis-derived products. The company’s product portfolio includes flowers, tinctures, edibles, and vape products under brands including Kynd, Origyn, Stix Preroll, Levia, and Road Tripper. Ayr Wellness also trades OTC in the U.S. under the ticker AYRWF. The company reported Q1 2022 results on May 26. The net loss attributable to Ayr narrowed year-over-year (YOY) as revenue nearly doubled. The company said that profits were affected by heavy investments in projects that hurt short-term operating margins.
  • Cresco Labs Inc.: Cresco Labs is a consumer-packaged cannabis products company involved in growing, manufacturing, and distribution. The company operates in 10 states, including more than 70 total production facilities and dispensaries. Its brands include Cresco, Remedi, High Supply, Wonder Wellness Co., Mindy’s, Good News, Sunnyside, and FloraCal Farms. Cresco Labs’ stock also trades OTC in the U.S. under the ticker CRLBF.
  • Jushi Holdings Inc.: Jushi Holdings is a holding company focused on branded cannabis and hemp-based assets. The company is engaged in retail, distribution, cultivation, and processing operations. Its brands include: The Bank, focused on plant genetics and cultivation; The Lab, specializing in vape products and concentrates; Nira+, a producer of medicinal THC products; Sèche, which offers various branded ground and flower cannabis products; and Tasteology, a provider of THC-infused products. Jushi also trades OTC in the U.S. under the ticker JUSHF. Jushi announced on June 29 that The Lab debuted its first line of concentrates made using hydrocarbon extraction. The company’s new line of hydrocarbon extract products is rich in THC and cannabinoids, containing about 90% of the plant’s original cannabinoids. The cannabis extract market was an estimated $9.2 billion in 2021.
  • Aurora Cannabis Inc.: Aurora Cannabis is a Canada-based company specializing in production, distribution, and sales of medical cannabis products. Its brands include Aurora, Aurora Drift, Daily Special, MedReleaf, Whistler, and more. The company’s growth strategy targets medical cannabis markets across the globe as well as the U.S. hemp-derived CBD market and the Canadian recreational market.
  • Trulieve Cannabis Corp.: Trulieve Cannabis is a multi-state, vertically integrated cannabis company. Its operations include cultivation, manufacturing, retail, and logistics. Its brands include Cultivar Connection, Momenta, Muse, Sweet Talk, and more. Trulieve also trades in OTC markets under the symbol TCNNF. The company’s newest medical marijuana dispensary opened in New Port Richey, Florida on June 16.

Fastest-Growing Marijuana Stocks

These are the marijuana stocks with the highest year-over-year (YOY) sales growth for the most recent quarter. Rising sales can help investors identify companies that are able to grow revenue organically or through other means and find growing companies that have not yet reached profitability. In addition, accounting factors that may not reflect the overall strength of the business can significantly influence earnings per share. However, sales growth can also be potentially misleading about the strength of a business because growing sales for money-losing businesses can be harmful if the companies have no plan to reach profitability.

Fastest-Growing Marijuana Stocks
Price ($) Market Cap ($B) Revenue Growth (%)
OrganiGram Holdings Inc. (OGI) 1.01 0.3 118.0
Cronos Group Inc. (CRON) 3.04 1.1 98.5
Ayr Wellness Inc. (AYR.A.CX) CA$6.40 CA$0.4 90.6
Sundial Growers Inc. (SNDL) 0.37 0.9 77.9
Verano Holdings Corp. (VRNO.CX) CA$8.33 CA$2.5 67.4
  • OrganiGram Holdings Inc.: Organigram Holdings is a Canada-based producer of medical and recreational cannabis. Its subsidiaries include Organigram Inc., Laurentian Organic Inc., and The Edibles and Infusions Corp., and its brands include Edison Cannabis Co., SHRED, and monjour, among others. Organigram announced on June 24 it had reached a proposed settlement related to a class action lawsuit pertaining to medical cannabis that was voluntarily recalled in 2016 and 2017. Per the proposal, Organigram will pay an aggregate of $2,310,000. The Supreme Court of Nova Scotia will hold a hearing to determine whether to approve the proposal on Aug. 31, 2022.
  • Cronos Group Inc.: Cronos Group is a Canada-based cannabis company focused on advancing cannabis research, technology, and product development. Its international brand portfolio includes Spinach, Happy Dance, and PEACE+. On June 21, the company announced that it had achieved the third productivity milestone in its ongoing partnership with cell programming company Ginkgo Bioworks Holdings Inc. (DNA). The two companies are working to produce eight cultured cannabinoids. The recent productivity milestone relates to tetrahydrocannabivarin (THCV), a cannabinoid. THCV is believed to have the potential to reduce THC’s appetite-enhancing properties.
  • Ayr Wellness Inc.: See above for company description.
  • Sundial Growers Inc.: Sundial Growers is a Canada-based cannabis producer. The company operates cultivation and processing facilities, retail stores, and sells alcoholic beverages. Its cannabis brands include Sundial, Top Leaf, Palmetto, and Grasslands. Sundial reported Q1 2022 earnings on May 16. Net losses dramatically narrowed as revenue posted strong growth YOY. Improvements in the company’s cost structure and increased distribution of branded products helped to drive performance.
  • Verano Holdings Corp.: Verano Holdings is a vertically integrated, multi-state cannabis operator. The company produces a wide range of medical and adult-use cannabis products. It owns and operates 12 cultivation and manufacturing facilities and owns 95 dispensaries in a number of states throughout the U.S. The company’s stock also trades OTC in the U.S. under the ticker VRNOF.
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Marijuana Stocks With the Best Performance

These are the marijuana stocks that had the smallest declines in total return over the past 12 months out of the companies we looked at.

Marijuana Stocks With the Best Performance
Price ($) Market Cap ($B) 12-Month Trailing Total Return (%)
Innovative Industrial Properties Inc. (IIPR) 113.75 3.2 -40.2
4Front Ventures Corp. (FFNT.CX) CA$0.75 CA$0.5 -52.2
Verano Holdings Corp. (VRNO.CX) CA$8.33 CA$2.5 -59.9
Sundial Growers Inc. (SNDL) 0.37 0.9 -62.5
OrganiGram Holdings Inc. (OGI.TO) CA$1.31 CA$0.4 -63.8
Russell 1000 N/A N/A -10.0
ETFMG Alternative Harvest ETF (MJ) N/A N/A -68.5
  • Innovative Industrial Properties Inc.: Innovative Industrial Properties is a real estate investment trust (REIT) that engages in the acquisition, disposition, development, and management of industrial facilities leased to tenants in the regulated medical cannabis industry. The company’s portfolio consists of specialized industrial and greenhouse buildings leased to state-licensed, medical-use cannabis cultivators across the U.S. On June 15, it declared a Q2 2022 dividend of $1.75 per share of common stock, as well as a dividend of $0.5625 per share of 9.00% Series A Cumulative Redeemable Preferred Stock. Both dividends are payable July 15 to shareholders as of June 30, 2022.
  • 4Front Ventures Corp.: 4Front Ventures is a cannabis operator and retailer operating across multiple states. It owns, operates, or manages cultivation and manufacturing properties in five states and employs over 600. Its stores attracted more than one million unique customers in 2021. 4Front also trades OTC under the symbol FFNTF. On June 9, the company announced the appointments of several executives and board members, including Keith Adams as chief financial officer (CFO). Adams was previously CFO of LPF Holdco, LLC, a privately held, vertically integrated cannabis company.
  • Verano Holdings Corp.: See above for company description.
  • Sundial Growers Inc.: See above for company description.
  • OrganiGram Holdings Inc.: See above for company description. Note that the figures in the table above represent shares of OrganiGram Holdings which trade on the Toronto Stock Exchange.

The comments, opinions, and analyses expressed herein are for informational purposes only and should not be considered individual investment advice or recommendations to invest in any security or to adopt any investment strategy. Though we believe the information provided herein is reliable, we do not warrant its accuracy or completeness. The views and strategies described in our content may not be suitable for all investors. Because market and economic conditions are subject to rapid change, all comments, opinions, and analyses contained within our content are rendered as of the date of the posting and may change without notice. The material is not intended as a complete analysis of every material fact regarding any country, region, market, industry, investment, or strategy.

The 5 Best Marijuana Stocks to Buy in 2022

Global cannabis sales should double by 2026 to $62.1 billion, with the U.S. accounting for most of this growth.

OTC: TCNNF

Trulieve Cannabis

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These pot stocks will have investors seeing green in the new year.

For many investors, the new year brings new opportunities to find attractive stocks in high-growth industries. Among all the industries to choose from, there may not be a better blend of growth and value at the moment than cannabis stocks, specifically those in the United States.

According to estimates from cannabis analytics company BDSA, worldwide weed sales are expected to double from $31 billion in 2021 to $62.1 billion by 2026. The bulk of this nominal growth will originate in the United States.

Although marijuana stocks were a buzzkill last year after federal cannabis-reform measures once again failed to gain traction in Congress, they’re now about as inexpensive as they’ve ever been. With that being said, these are the five best marijuana stocks to buy in 2022.

Image source: Getty Images.

Trulieve Cannabis

The easiest way to see green in the cannabis space is to buy the most nominally profitable pot stock: Trulieve Cannabis (TCNNF -1.11% ) .

Trulieve, like many of the stocks on this list, is a vertically integrated multi-state operator (MSO) that controls most aspects of the seed-to-sale process. But its path to profitability was a lot different than that of most pot stocks.

Instead of setting up shop in as many legalized states as possible, Trulieve focused most of its attention on Florida’s medical marijuana market. As of Dec. 30, Trulieve had 160 operating dispensaries nationwide, 112 of which were in the Sunshine State. Saturating Florida has allowed Trulieve to gobble up half of the state’s dried cannabis flower and oils market, all while keeping its marketing budget relatively low. The result: three consecutive years of profitability in an industry where only a handful of companies are currently profitable.

The excitement for 2022 revolves around Trulieve’s acquisition of MSO Harvest Health & Recreation, which was completed during the fourth quarter. Harvest Health’s home market is Arizona, which voted to legalize recreational weed in November 2020, and began retailing adult-use cannabis in January 2021. Trulieve has 17 dispensaries in the state and a clear pathway to leading market share.

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With sales growth expected to top 50% in 2022, Trulieve looks like a bargain at roughly 26 times estimated earnings per share.

A hydroponic cannabis farm. Image source: Getty Images.

GrowGeneration

Ancillary cannabis plays haven’t fared nearly as well as I or other pundits would have expected. But one that looks ripe for the picking in 2022 is GrowGeneration (GRWG -8.75% ) .

GrowGen, as the company is better known, operates retail hydroponic and organic gardening centers in 13 states. Though the hydroponic (i.e., growing plants in a nutrient-rich water solvent), soil, nutrient, and lighting solutions offered by the company are helpful for consumers and enterprises of all industries, it’s of particular use to increasing crop yields for cannabis growers. Thus GrowGen is often viewed as a marijuana stock.

The company’s key to success has long been its aggressive acquisition strategy. Don’t get me wrong: GrowGen’s same-store sales have consistently risen by a double-digit percentage. However, the company’s bread and butter is acquiring locations in new and existing markets to quickly grow its brand.

In addition to acquisitions, management is focused on building up the company’s online presence, as well as promoting a number of proprietary and private-label brands that should provide a margin lift. The third quarter saw private-label and proprietary merchandise account for nearly 9% of total sales, which compares to more like 2% in the year-ago quarter.

After getting pummeled last year, shares of GrowGeneration can be scooped up for well under two times estimated sales for 2022.

The Planet 13 Las Vegas SuperStore. Image source: Planet 13.

Planet 13 Holdings

The best marijuana stocks to buy in 2022 are those that provide a competitive advantage and differentiation. Small-cap MSO Planet 13 Holdings (PLNH.F 2.91% ) fits that description well.

What makes Planet 13 unique is that the company is focused just as much on providing a memorable experience for cannabis enthusiasts as it is on making sales. The key differentiator here is the sheer size and functionality of its dispensaries.

Planet 13 has two operating dispensaries at the moment. The Las Vegas SuperStore spans 112,000 square feet and features a cafe, consumer-facing processing center, and events center, to go along with the biggest selection of pot products you’ll find in any U.S. dispensary. There’s also the Orange County SuperStore in Santa Ana, California, which spans 55,000 square feet, including 16,500 square feet of selling space.

Having visited the Las Vegas SuperStore, I was impressed by the incorporation of technology (self-pay kiosks), a store layout that funnels customers to higher-margin derivative products, and the provision of individual budtenders to meet customer needs.

The next tourist-heavy locations for Planet 13 dispensaries will be Chicago; Orlando, Florida, and Miami.

With the company on the verge of recurring profitability and gobbling up a significant portion of Nevada’s weed sales with just a single location, it has the look of a no-brainer buy.

Image source: Getty Images.

Jushi Holdings

Another small-cap pot stock with serious potential in 2022 is MSO Jushi Holdings (JUSHF -0.40% ) .

To keep with the theme here, Jushi has a unique two-pronged strategy for growth.

First, it’s targeting a number of limited-license markets, like Pennsylvania, Illinois, Massachusetts, and Virginia. A limited-license state limits how many dispensary licenses are issued in total and/or to a single business. For big companies with deep pockets, limited-license markets can be a nuisance. But for Jushi, which has just 28 operating dispensaries nationwide, these limitations provide some degree of protection, allowing it to build up its brands and garner a loyal following.

Jushi’s other key catalyst has been prudently deploying cash for acquisitions. For example, the company acquired two dispensaries in Southern California last year. Though California has plenty of pot stores, it’s the leading market for marijuana sales in the world.

As a Jushi shareholder, I’ll also add that execs and other insiders were responsible for contributing $45 million of the first $250 million in capital raised by the company. When the financial interest of insiders align with that of shareholders, good things happen more often than not.

Image source: Getty Images.

Cresco Labs

The fifth and final best marijuana stock to buy in 2022 is MSO Cresco Labs (CRLBF 3.53% ) .

Similar to Jushi Holdings, Cresco Labs has a penchant for focusing most of its attention on limited-license states, at least with regard to its retail operations. The company has 45 operating dispensaries, with a presence in limited-license markets like Illinois, Ohio, and Massachusetts. Mixing in competitive high-dollar markets, such as Florida, with limited-license markets gives Cresco a path to sustainable double-digit retail growth.

But what really allows Cresco Labs to stand out is the company’s industry-leading wholesale operations. Wall Street isn’t a big fan of wholesale cannabis because the margins aren’t anything to speak of next to retail cannabis. But Cresco Labs can make up what it loses in margin with insane volume. That’s because it holds one of only a small handful of cannabis distribution licenses in California. This license allows it to place its proprietary pot products into more than 575 dispensaries throughout the Golden State.

Cresco Labs has all the tools and momentum necessary to reach recurring profitability in 2022. With the company now valued at well under two times estimated sales (per Wall Street) this year, it looks like a budding bargain.

Sean Williams owns Jushi Holdings. The Motley Fool owns and recommends Cresco Labs Inc., GrowGeneration Corp, Jushi Holdings, Planet 13 Holdings Inc., and Trulieve Cannabis Corp. The Motley Fool has a disclosure policy.