10 Marijuana Stocks to Buy for Their ‘Beyond the Flower’ Plans

Google the words “marijuana stocks to buy,” and you get hundreds of thousands of results. Investors remain enthusiastic about weed’s future despite all the ups and downs the global industry has experienced in recent years.

When it comes to marijuana investments, I’ve always been partial to those companies whose business strategy goes well beyond the flower into other products such as edibles and cannabis-infused drinks.

That said, I’m not suggesting businesses that focus on growing and producing excellent flower are wrong to do so — different strokes for different folks.

All I know is that this cannabis thing is catching on. Knowing which marijuana stocks to buy is critical for today’s investor.

Here in Nova Scotia, where I live, the Nova Scotia Liquor Commission (NSLC) just reported its annual sales. Cannabis revenue jumped 21.1% in the fiscal year ended March 31, to 86 million CAD ($70 million), or almost 11% of the crown corporation’s total sales.

And while it doesn’t break down the cannabis sales by type of product, I’m confident the non-flower sales are gaining ground on dried flower and pre-rolls.

With this in mind, here are 10 marijuana stocks to buy that are moving beyond the flower:

  • Canopy Growth (NASDAQ:CGC)
  • Tilray (NASDAQ:TLRY)
  • Cronos Group (NASDAQ:CRON)
  • Hexo (NYSE:HEXO)
  • OrganiGram Holdings (NASDAQ:OGI)
  • Valens Company (OTCMKTS:VLNCF)
  • Neptune Wellness (NASDAQ:NEPT)
  • Auxly Cannabis Group (OTCMKTS:CBWTF)
  • Coffee Holding Co. (NASDAQ:JVA)
  • Indiva (OTCMKTS:NDVAF)

Marijuana Stocks to Buy: Canopy Growth (CGC)

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