6 Major US OTC Marijuana Stocks to Watch in 2023

In the rapidly evolving cannabis industry, over-the-counter (OTC) marijuana stocks have become a significant area of interest for investors. As more states legalize marijuana and the federal landscape continues to shift, these companies offer a unique opportunity to capitalize on a burgeoning market. Here, we delve into the top six OTC marijuana stocks that you should keep an eye on in 2023.

1. Green Thumb Industries (GTBIF)

Green Thumb Industries is one of the largest multi-state operators (MSOs) in the U.S. With a strong presence in 17 states, the company offers a diverse portfolio of cannabis products and services. GTBIF has been successful in expanding its market share and has seen significant growth in revenue over the years. Its strategic partnerships and commitment to innovation have made it a standout player in the industry.

2. Acreage Holdings (ACRGF)

Acreage Holdings is another major player in the OTC marijuana space. The company has a robust distribution network and a focus on acquiring and operating high-quality cannabis businesses. ACRGF has made strategic investments in key markets and has been successful in building a strong brand presence. Its commitment to social equity and community involvement has also been a positive factor for investors.

3. HEXO Corp. (HEXO)

HEXO Corp. is a Canadian cannabis company with a significant presence in the U.S. market. The company offers a wide range of cannabis products and has a strong focus on the hemp market. HEXO has faced some challenges in the past, but it has been making strides to improve its operations and regain investor confidence. Its expansion into new markets and its commitment to sustainability have been notable achievements.

4. Curaleaf Holdings, Inc. (CURLF)

Curaleaf Holdings, Inc. is one of the largest cannabis companies in the U.S. With a diverse product portfolio and a strong presence in 23 states, Curaleaf offers a wide range of cannabis products and services. CURLF has been successful in growing its market share and has seen significant revenue growth over the years. The company's focus on research and development and its commitment to social equity have also been positive factors for investors.

5. canopy growth corporation (CGC)

Canopy Growth Corporation is one of the largest cannabis companies in the world. The company has a significant presence in the U.S. market and offers a wide range of cannabis products. CGC has faced some challenges in the past, but it has been making strides to improve its operations and regain investor confidence. Its focus on innovation and its commitment to sustainability have been notable achievements.

6. Tilray, Inc. (TLRY)

Tilray, Inc. is a leading cannabis company with a significant presence in the U.S. market. The company offers a wide range of cannabis products and has a strong focus on research and development. TLRY has faced some challenges in the past, but it has been making strides to improve its operations and regain investor confidence. Its commitment to sustainability and its focus on global expansion have been notable achievements.

In conclusion, the OTC marijuana space offers a unique opportunity for investors looking to capitalize on the growing cannabis industry. These six companies are just a few of the many OTC marijuana stocks that are worth watching in 2023. As the industry continues to evolve, it's important for investors to do their due diligence and stay informed about the latest trends and developments.

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