1
PM
Philip Morris International generates its primary revenue from the sale of cigarettes and smoke-free nicotine products, including heat-not-burn devices (IQOS), nicotine pouches (ZYN), and e-vapor items (VEEV). These products are core tobacco and nicotine offerings sold to adult smokers and nicotine consumers worldwide.
Philip Morris International
Tobacco
311.61 Bn
199.93
-0.52%
+26.49%
28.26
7.22
286.97 Bn
2
BTI
The company manufactures and markets a diverse portfolio of tobacco and nicotine products, including cigarettes (Combustibles), vapour products (Vuse), heated tobacco (glo), and oral nicotine (Velo). These activities generate the vast majority of its revenue, with Combustibles alone contributing £20,201 million in 2025.
British American Tobacco p.l.c
Tobacco
136.69 Bn
59.11
+1.03%
+15.54%
—
—
105.33 Bn
3
MO
Altria manufactures and sells a wide range of tobacco and nicotine products, including Marlboro cigarettes, Black & Mild cigars, and Copenhagen moist smokeless tobacco. The company also produces oral nicotine pouches under the on! brand and e-vapor products through NJOY LLC.
Altria
Tobacco
124.61 Bn
74.63
+0.76%
+15.89%
15.47
5.26
109.46 Bn
4
PFGC
2nd
Through its Convenience segment, the company distributes cigarettes and other nicotine products to convenience stores, drug stores, and other small format retail outlets.
Performance Food
Tobacco
15.29 Bn
97.93
+2.31%
-3.51%
42.07
0.22
14.90 Bn
5
RLX
RLX Technology manufactures and markets e-vapor products, including rechargeable closed-system, disposable, and open system categories. Its revenue is derived from the sale of these nicotine-delivery products to adult smokers globally.
RLX Technology
Tobacco
2.60 Bn
1.68
-2.33%
-29.71%
34.82
2.94
-1.70 Bn
6
VRNO
Verano Holdings is a vertically integrated cannabis operator that engages in the cultivation, processing, and sale of medical and adult cannabis products. Its revenue is derived from both wholesale distribution of cannabis flower and edibles and retail sales through its Zen Leaf and MÜV dispensaries.
Verano Holdings
Cannabis
2.16 Bn
4.98
+4.40%
-34.90%
-1.49
0.46
59.49 Mn
7
CURLF
Curaleaf is a vertically integrated cannabis company that cultivates, processes, and sells cannabis products for both recreational (adult use) and medical use. Its revenue is primarily generated from the sale of cannabis-derived products like flower, edibles, oils, and concentrates through its own dispensary network and wholesale channels.
Curaleaf Holdings
Cannabis
2.08 Bn
7.84
+0.90%
-12.30%
-66.27
1.62
1.72 Bn
8
TRLV
Trulieve is a vertically integrated cannabis company that engages in the cultivation, processing, and retail distribution of cannabis products. It generates revenue from the sale of branded cannabis flower, concentrates, edibles, tinctures, and topicals to medical patients and adult-use consumers.
Trulieve Cannabis
Cannabis
2.07 Bn
10.78
+4.97%
+34.92%
-4.49
1.87
741.64 Mn
9
TPB
Turning Point Brands manufactures and markets tobacco and nicotine products, including rolling papers, cigars, moist snuff, and nicotine pouches (FRE and ALP). These products are sold through a vast network of distributors and wholesalers to retail outlets.
Turning Point Brands
Tobacco
1.29 Bn
64.39
+4.51%
-26.56%
28.76
2.53
389.03 Mn
10
CRON
Cronos is a cannabinoid company that cultivates, processes, and sells cannabis products including dried flower, prerolls, vaporizers, concentrates, edibles, and topicals. Its revenue is derived from sales to provincial cannabis control authorities, medical patients, and international distributors.
Cronos
Cannabis
1.22 Bn
3.28
+0.92%
+30.16%
18.10
5.35
-2.01 Bn
11
GTBIF
Green Thumb Industries focuses on the cultivation, processing, and sale of cannabis products for medical and adult use. It generates revenue through the manufacture of cannabis-infused products like flower, pre-rolls, and edibles, as well as through its RISE Dispensaries retail chain.
Green Thumb Industries
Cannabis
1.22 Bn
6.23
+0.81%
-23.65%
11.28
1.18
279.53 Mn
12
TLRY
The company is a leading producer of medical and adult-use cannabis, selling flower, pre-rolls, vapes, and edibles, and is noted as generating the highest cannabis revenue among licensed producers in Canada.
Tilray Brands
Cannabis
447.80 Mn
3.03
+0.00%
-80.70%
-2.37
0.40
-578.15 Mn
13
VREOF
Vireo Growth is a vertically integrated cannabis company that cultivates, manufactures, and sells cannabis products. Its revenue is derived from the sale of cannabis flower, oils, edibles, and vaporizer cartridges through its own dispensaries and third-party operators.
Vireo Growth
Cannabis
402.70 Mn
8.94
-0.78%
-56.11%
-5.98
0.78
-103.73 Mn
14
SNDL
SNDL operates a comprehensive cannabis business including cultivation, processing, and the operation of retail stores under the Value Buds and Spiritleaf banners. It sells cannabis products to individual consumers and provincial buyers like the AGLC and OCS.
Sndl
Cannabis
337.10 Mn
1.28
+2.40%
-45.76%
—
—
—
15
VFF
The company is a major cannabis cultivator and distributor, operating segments for Canadian Cannabis (Pure Sunfarms, Rose LifeScience), US Cannabis (Balanced Health/CBDistillery), and Cannabis Netherlands (Leli Holland).
Village Farms International
Cannabis
324.11 Mn
2.66
+4.72%
-19.88%
13.99
1.38
30.64 Mn
16
CGC
Canopy Growth's primary business is the cultivation, processing, and sale of cannabis products, including dried flower, oils, and edibles. It generates the majority of its revenue from sales to provincial cannabis control authorities, medical patients, and adult-use consumers.
Canopy Growth
Cannabis
304.58 Mn
0.72
+0.00%
-48.20%
-1.67
1.04
-716.74 Mn
17
ACB
Aurora Cannabis produces, distributes, and sells medical and adult-use cannabis products, including oils and capsules, to patients and recreational consumers in Canada and international markets.
Aurora Cannabis
Cannabis
234.02 Mn
3.97
+0.25%
-25.52%
-6.29
1.08
-76.56 Mn
18
HITI
High Tide operates one of the largest cannabis retail chains in Canada with 218 locations and generates approximately 96% of its revenue from the bricks-and-mortar sale of cannabis and cannabis products.
High Tide
Cannabis
231.18 Mn
2.65
+1.15%
-20.42%
-9.31
0.42
110.97 Mn
19
CRLBF
Cresco Labs is a vertically integrated cannabis operator that cultivates, manufactures, and sells cannabis products. Its revenue is generated from the sale of cannabis flower, vapes, concentrates, and edibles through its Sunnyside dispensaries and wholesale channels.
Cresco Labs
Cannabis
220.10 Mn
0.62
+5.08%
-50.00%
-2.19
0.35
62.01 Mn
20
GLAS
Glass House Brands is a vertically integrated cannabis company that cultivates, manufactures, and sells cannabis products. Its revenue is derived from wholesale biomass, wholesale consumer packaged goods (CPG), and retail sales through its own dispensaries.
Glass House Brands
Cannabis
190.09 Mn
2.32
-4.92%
-71.98%
-3.68
1.23
114.42 Mn
21
AAWH
Ascend Wellness Holdings is a vertically integrated cannabis operator that cultivates, processes, and sells cannabis products including flower, vapes, and edibles. The company generates revenue from its own retail dispensaries, wholesale sales to other licensed dispensaries, and the sale of its branded cannabis consumer packaged goods.
Ascend Wellness Holdings
Cannabis
166.50 Mn
0.41
+2.50%
-52.87%
-0.73
0.17
-218.00 Mn
22
TSNDF
TerrAscend is a vertically integrated cannabis company that engages in the cultivation, production, and sale of cannabis products. It generates revenue from selling cannabis flower, concentrates, edibles, and tinctures to medical patients and adult-use consumers through its own dispensary network.
TerrAscend
Cannabis
151.50 Mn
0.49
+4.26%
-38.75%
-4.14
0.58
-3.63 Mn
23
OGI
Organigram Global is a licensed cannabis cultivator and producer that sells dried flower, edibles, vapes, and extracts to recreational and medical consumers. The company's core business is the cultivation, processing, and sale of cannabis products, including hemp-derived THC beverages in the US.
Organigram Global
Cannabis
126.39 Mn
0.94
+0.00%
-48.35%
-1.66
0.78
119.67 Mn
24
JUSH
Jushi Holdings is a fully integrated cannabis operator that generates revenue from the cultivation, processing, and retail sale of cannabis products such as flower, edibles, and concentrates. The company operates dispensaries serving both medical patients and adult-use consumers.
Jushi Holdings
Cannabis
111.83 Mn
0.56
+12.00%
-23.29%
-1.70
0.42
-7.36 Mn
25
GRUSF
Grown Rogue is a fully integrated cannabis company engaged in the cultivation, manufacturing, and sale of recreational and medical marijuana. Its revenue is derived from the sale of cannabis flower and flower-derived products like pre-rolls to dispensaries and retail partners.
Grown Rogue International
Cannabis
92.48 Mn
0.37
+0.00%
-5.13%
0.00
0.00
-13.09 Tn