Top 5 Revenue Producing Cannabis Stocks for 2022
It’s no secret that companies with consistent revenue growth tend to have much higher stock prices. Many cannabis stocks are now trading at all time lows – but what about the top revenue producing cannabis stocks? Here, we take a look at the top 5 revenue producing stocks for 2022. Add these cannabis stocks to your watchlist for long term growth potential.
#1 Trulieve (OTC: TCNNF)
[stock_market_widget type=”chart” symbol=”TCNNF” chart=”line” range=”1y” interval=”1d” line-color=”rgb(82, 189, 49)”]
Trulieve is an industry leading, vertically integrated cannabis company and multi-state operator in the U.S. operating in 11 states, with leading market positions in Arizona, Florida, and Pennsylvania. In 2022, Trulieve reported quarterly sales of $318.3M and YoY growth of 64% making Trulieve the largest revenue producing cannabis stock in 2022 so far.
#2 Curaleaf (OTC: CURLF)
[stock_market_widget type=”chart” symbol=”CURLF” chart=”line” range=”1y” interval=”1d” line-color=”rgb(82, 189, 49)”]
Headquartered in Wakefield, Massachusetts and founded in 2010, Curaleaf produces and distributes cannabis products in North America, operating dispensaries in 23 states. The company is headquartered in Wakefield, Massachusetts, and is currently the world’s 2nd largest cannabis company by revenue. In 2022, Curaleaf reported quarterly sales of $313.1M and YoY growth of 20% making Curaleaf the second largest revenue producing cannabis stock in 2022 so far.
#3 Green Thumb Industries (OTC: GTBIF)
[stock_market_widget type=”chart” symbol=”GTBIF” chart=”line” range=”1y” interval=”1d” line-color=”rgb(82, 189, 49)”]
Green Thumb Industries manufactures and distributes a portfolio of branded cannabis products including Beboe, Dogwalkers, Doctor Solomon’s, Good Green, incredibles and RYTHM. The company also owns and operates rapidly growing national retail cannabis stores called Rise. In 2022, GTI reported quarterly sales of $242.6M and YoY growth of 25% making Green Thumb Industries the third largest revenue producing cannabis stock in 2022 so far.
#4 Cresco Labs (CRLBF)
[stock_market_widget type=”chart” symbol=”CRLBF” chart=”line” range=”1y” interval=”1d” line-color=”rgb(82, 189, 49)”]
Cresco Labs, Inc. is a publicly traded, vertically integrated cannabis and medical marijuana company based in Chicago, Illinois, with current retail operations in nine states where marijuana has been legalized for medical use. In 2022, Cresco Labs reported quarterly sales of $214.4M and YoY growth of 20% making Cresco Labs the fourth largest revenue producing cannabis stock in 2022 so far.
#5 Scotts Miracle Grow (NYSE: SMG)
[stock_market_widget type=”chart” symbol=”SMG” chart=”line” range=”1y” interval=”1d” line-color=”rgb(82, 189, 49)”]
The Scotts Miracle-Gro Company is an American multinational corporation headquartered in Marysville, Ohio, where O.M. Scott began selling lawn seed in 1868. The company manufactures and sells consumer lawn, garden and pest control products. In the U.S., the company manufactures Scotts, Miracle-Gro and Ortho brands. In 2022, SMG reported quarterly sales of $202.6M and YoY growth of -44% making SMG the largest revenue producing cannabis stock in 2022 so far.
Top 5 Revenue Producing Cannabis Stocks for 2022
About Cannin: Your Cannabis Stocks Resource
78% of Cannin’s fundamentals prove true within 30 days or less on 100+ recommendations over the past 2 years.
Cannin is your #1 trusted resource for cannabis stocks. Our global team of experts evaluates all emerging cannabis stock investing opportunities. In fact, we aggregate hundreds of hours of financial research and provide tips on the best cannabis stocks for 2021.
Use Cannin as your resource for:
Market analysts expect the marijuana and hemp industry will have an annual value exceeding $75 Billion in the next decade. Is it too late to invest in marijuana stocks? No! This is the perfect time to invest.
Are you looking to buy stock in hemp companies or marijuana companies for 2021? If so, are you interested in new penny hemp stock companies? Or, looking for the best Canadian cannabis stocks to invest in? Maybe, you’re looking to leverage the power of algorithmic stock trading to beat the cannabis market? We can help.
Are you interested in cannabis stocks like Curaleaf, Trulieve, Aurora Cannabis, Charlotte’s Web, Canopy Growth, or Hemp Inc.?
Predict price movements of cannabis stocks several hours in advance with our proprietary algorithmic stock trading software.
- +34% Gains in 2022
- +56% Gains in 2021
- +30% Gains in 2020
- +49.8% Gains in 2019
- Backtested since 2012
In fact, we’re so confident you’ll love our algotrading cannabis stock signals, we’re willing to give you a one week risk-free trial to see it for yourself.
Profit from the best cannabis stocks – we’ll show you how at cannin.com.
