Of the 10 largest MJ Stocks (by market cap) Nine have a Biotech/Pharma focus and just one “touches the plant.”
Investors should find a clear signal in the markets that Cannabis Biotech's are being valued above all pot stocks, and as you'll see, these biotech’s had huge gains in 2016.
Just Look at Aurora (ACBFF ) stock’s 52-week range is $0.31 to $2.96 and Axim Biotech with a 52-week range of $0.21 to $10.00!
Here is a list of the 10 largest cannabis firms in North America in 2016, ranked on the basis of market cap.
GW Pharmaceuticals PLC (NASDAQ: GWPH)
Market cap: $2.87 billion
Year-to-date stock price change: +64%
Shares closed at $114.24 on Friday, December 23, and the stock’s 52-week trading range is $79.62 to $137.88.
Canopy Growth Corp. (TSE: CGC, OTC:TWMJF)
Market cap: $780.6 million
Year-to-date stock price change: +192%
Shares closed at C$9.35 on Friday, and the 52-week range is C$2.97 to C$17.86.
Insys Therapeutics Inc. (NASDAQ: INSY)
Market cap: $664.6 million
Year-to-date stock price change: -68%
Shares closed at $9.21 on Friday, in a 52-week range of $8.70 to $29.75.
Axim Biotechnologies Inc. (OTCQB: AXIM)
Market cap: $401.6 million
Year-to-date stock price change: +656%
Shares closed at $7.77 on Friday, in a 52-week range of $0.21 to $10.00.
Aurora Cannabis Inc. (OTC: ACBFF)
Market cap: $433.8 million
Year-to-date stock price change: +311%
Shares closed at $1.67 on Friday. The stock’s 52-week range is $0.31 to $2.96.
Medical Marijuana Inc. (OTC Pink: MJNA)
Market cap: $380.1 million
Year-to-date stock price change: +281%
Shares closed at $0.15 on Friday, and the stock’s 52-week range is $0.03 to $0.27.
Corbus Pharmaceuticals Holdings Inc. (NASDAQ: CRBP)
Market cap: $375.5 million
Year-to-date stock price change: +410%
Shares closed at $8.55 on Friday, in a 52-week range of $1.01 to $10.78.
Aprhia Inc. (OTC: APHQF)
Market cap: $373.6 million
Year-to-date stock price change: +286%
Shares closed at $3.537 on Friday. The 52-week range is $0.77 to $5.79.
Arena Pharmaceuticals Inc. (NASDAQ: ARNA)
Market cap: $340.6 million
Year-to-date stock price change: -20%
Shares closed at $1.53 a share on Friday, and its 52-week range is $1.30 to $2.16.
Cara Therapeutics Inc. (NASDAQ: CARA)
Market cap: $251 million
Year-to-date stock price change: -43%
Shares closed at $9.97 on Friday. The 52-week range is $4.26 to $17.69.
Stock data is accurate as of December 21, 2016, and were provided by Viridian Capital Advisors. Unless otherwise noted, all amounts are presented in U.S. dollars.
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