Who is the largest CBD company?

The largest company with a CBD product based on market cap is Jazz Pharmaceuticals (NASDAQ:JAZZ).

Is CBD a good business to invest in?

The CBD industry could be a good investment choice if the regulations included in the 2018 farm bill are reinstated or if the FDA changes its policies to allow CBD in food supplements. For now, though, the industry's growth prospects could be somewhat limited.

What state buys the most CBD?

California is the biggest CBD market in the U.S.

How do regulations affect CBD stocks?

Federal and state regulations have significant impacts on CBD stocks, including:Laws and regulations regarding the THC (tetrahydrocannabinol) level allowed in the cannabis used in CBD products can change and vary from state to state.Individual states can limit access to their markets for CBD products.The quality and testing standards for CBD can vary from state to state, driving higher costs for CBD companies.Future FDA regulations related to CBD in food, beverages, and dietary products could greatly affect the growth potential for CBD stocks.

Should I invest in individual CBD companies or ETFs?

The answer to this question depends on your risk tolerance. Investing in individual CBD companies offers the potential for higher rewards, but it also involves greater risk than investing in an ETF that owns a basket of stocks.

Is CBD a growing industry?

Yes, the CBD market is projected to grow from around $20.3 billion in 2026 to $62.6 billion by 2030.

Best CBD Stocks for 2026 and How to Invest

Q: How are CBD stocks different from regular cannabis stocks?

Cannabis stocks are shares of publicly traded companies that grow, process, or market cannabis products or provide products and services to other companies in the cannabis industry. CBD stocks are shares of publicly traded companies that are involved in the processing and distribution of CBD or provide tools and services to other companies in the CBD industry. The main differences between cannabis and CBD stocks are the legal and regulatory restrictions that they face and their market access. Cannabis stocks are more heavily regulated than CBD stocks.

Here's what you need to know about the top CBD stocks.

By Keith Speights – Updated Mar 18, 2026 at 4:31 PM EST | Fact-checked by Frank Bass

Key Points

After 2018 federal legalization, U.S. CBD market growth didn't meet investor expectations.
Recent regulatory changes by U.S. Congress may further impact the CBD industry in 2026.
Investors should consider these changes and company fundamentals when selecting CBD stocks.

Sometimes, the best time to invest in a relatively new market is after the initial euphoria has evaporated. That could very well be the case with investing in CBD, an abbreviation for a chemical found in the cannabis plant called cannabidiol. CBD stocks are shares of publicly traded companies that are involved in the processing and distribution of CBD or provide tools and services to other companies in the CBD industry.

The U.S. legalized hemp-derived CBD at the federal level with the 2018 farm bill. The mere anticipation of this legislation's passage stoked investor interest in companies in the CBD industry.

Although federal legalization served as a key milestone, the U.S. Food and Drug Administration (FDA) chose to exclude CBD from food supplements. As a result, the CBD opportunity in the U.S. hasn't delivered on investors' lofty ambitions.

The CBD industry faces another big challenge in 2026. A continuing resolution passed by the U.S. Congress in November 2025 made significant changes to federal hemp product regulations.

Top CDB stocks for 2026

Although the CBD market isn't as attractive as it once was due to the uncertainties created by these changes, investors may still want to consider four CBD stocks:

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Ticker Information Table
Name and ticker	Current price	Market cap
Cresco Labs (OTC:CRLBF)	$0.85	$304.6 million
Green Thumb Industries (OTC:GTBIF)	$7.00	$1.6 billion
Jazz Pharmaceuticals Plc (NASDAQ:JAZZ)	$228.77	$14.4 billion
Trulieve Cannabis (OTC:TCNNF)	$7.26	$1.4 billion

Data as of May 17, 2026. Showing 4 of 4 tickers.

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1. Cresco Labs

OTC: CRLBF

Cresco Labs

Today's Change

(-9.89%) $-0.09

Current Price

$0.85

Key Data Points

Market Cap

$305M

Day's Range

$0.82 - $0.93

52wk Range

$0.43 - $2.30

Volume

1.2M

Avg Vol

1.1M

Gross Margin

46.13%

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Cresco Labs (CRLBF -9.89%) is an Illinois-based cannabis operator that markets recreational and medical cannabis products in eight states. The company is more than just a cannabis producer and retailer. Cresco also markets branded cannabis products containing CBD, including its Wonder gummies. It commands the leading market share in multiple markets of $1 billion or more.

Cresco has grown significantly through the years, both organically and through acquisitions, and it consistently generates solid free cash flow. The company also stands to benefit from tax changes related to the federal rescheduling of marijuana.

Perhaps the biggest knock against Cresco is that the company can't list its shares on a major U.S. stock exchange as long as marijuana remains illegal at the federal level. However, Cresco has proven that it can still attract investors through the U.S. over-the-counter (OTC) markets.

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2. Green Thumb Industries

OTC: GTBIF

Green Thumb Industries

Today's Change

(-5.15%) $-0.38

Current Price

$7.00

Key Data Points

Market Cap

$1.6B

Day's Range

$6.97 - $7.46

52wk Range

$4.80 - $10.43

Volume

718K

Avg Vol

670K

Gross Margin

45.02%

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NASDAQ: JAZZ

Jazz Pharmaceuticals Plc

Today's Change

(-0.99%) $-2.28

Current Price

$228.77

Key Data Points

Market Cap

$14B

Day's Range

$225.00 - $230.82

52wk Range

$105.00 - $235.00

Volume

1.3M

Avg Vol

Gross Margin

72.85%

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You might be surprised to find a pharmaceutical stock listed among the top CBD stocks to consider. But Jazz Pharmaceuticals (JAZZ -0.99%) has a direct and important connection with CBD. In 2018, the company's Epidiolex became the first CBD product made from the cannabis plant to win FDA approval.

Jazz actually didn't own Epidiolex at that time. It acquired GW Pharmaceuticals, which developed the CBD drug to treat epileptic seizures, for $6.7 billion in 2021. Epidiolex is not too far from generating annual sales of $1 billion or more, as some analysts projected after it was first approved in the U.S. Sales continue to pick up, as the drug is now approved in more than 35 countries outside the U.S.

Jazz also has other growth drivers in its lineup. Sleep disorder drug Xywav is gaining momentum. The company also launched its biliary tract cancer drug Ziihera in December 2024, and its newest product, Modeyso, used to treat diffuse midline glioma, was granted FDA approval in August 2025.

4. Trulieve Cannabis

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OTC: TCNNF

Trulieve Cannabis

Today's Change

(-9.14%) $-0.73

Current Price

$7.26

Key Data Points

Market Cap

$1.4B

Day's Range

$7.17 - $8.07

52wk Range

$3.25 - $11.83

Volume

546K

Avg Vol

360K

Gross Margin

49.56%

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Trulieve Cannabis (TCNNF -9.14%) is a Florida-based cannabis operator. It has retail dispensaries in nine states and cultivation and processing facilities in seven states. The company is especially dominant in its home state's medical cannabis market. Roughly 70% of Trulieve's retail locations are in Florida. Trulieve also has leading market positions in Arizona and Pennsylvania.

Like Cresco Labs and Green Thumb Industries, Trulieve generates most of its revenue from cannabis sales. However, it also markets CBD products, including tinctures.

Trulieve experienced a setback when Florida voters rejected a constitutional amendment in November 2024 that would have legalized recreational marijuana. The amendment required 60% approval to pass, but it received only around 56%.

However, supporters plan to continue pushing for the legalization of recreational marijuana. Trulieve could still have a major growth opportunity in its home state in the future.

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What to consider before choosing a CBD stock

There are several factors to consider before choosing a CBD stock to buy. Some of the most important ones include:

Financial strength
Management quality
Valuation
Brand strength
Product diversification
Geographical markets

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Benefits and risks of investing in CBD stocks

The benefits of investing in CBD stocks include:

Potential to profit from promising markets such as personalized CBD and pet CBD products
Regulatory changes, including the rescheduling of marijuana could help CBD stocks
Low valuations for many CBD stocks could lead to outsize gains in the future

However, there are also several risks associated with investing in CBD stocks, including:

The potential for adverse regulatory changes
High volatility
Limited access to banking services
Intense competition

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How to invest in CBD stocks

Follow these steps to invest in CBD stocks:

Open your brokerage app: Log in to your brokerage account where you handle your investments.
Search for the stock: Enter the ticker or company name into the search bar to bring up the stock's trading page.
Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.
Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
Submit your order: Confirm the details and submit your buy order.
Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.

Tips for successful CBD stock investing

Below are some practical tips for investing in CBD stocks:

Understand the regulatory landscape.
Thoroughly examine the financial positions of CBD companies.
Make sure CBD stocks' valuations are reasonable relative to their growth prospects.
Diversify your investments to reduce risk.
Focus on the long term.

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FAQ

Investing in CBD stocks FAQ

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About the Author

Keith Speights is a contributing Motley Fool healthcare analyst covering publicly traded companies across pharmaceuticals, biotechnology, medical devices, technology, and marijuana. Prior to The Motley Fool, Keith was CEO of Constant Care Technology, a healthcare technology company; vice president of American HealthTech, a healthcare software company; and a director of operations for Blue Cross Blue Shield of Mississippi, a health insurer. He holds a B.S. in Industrial Engineering from Mississippi State University.

TMFFishBiz

Keith Speights has no position in any of the stocks mentioned. The Motley Fool recommends Cresco Labs and Green Thumb Industries. The Motley Fool has a disclosure policy.

Best CBD Stocks for 2026 and How to Invest

Here's what you need to know about the top CBD stocks.

Key Points

Top CDB stocks for 2026

1. Cresco Labs

Key Data Points

2. Green Thumb Industries

Key Data Points

Key Data Points

4. Trulieve Cannabis

Key Data Points

What to consider before choosing a CBD stock

Benefits and risks of investing in CBD stocks

How to invest in CBD stocks

Tips for successful CBD stock investing

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FAQ

Investing in CBD stocks FAQ

Who is the largest CBD company?

Who is the largest CBD company?

Is CBD a good business to invest in?

Is CBD a good business to invest in?

What state buys the most CBD?

What state buys the most CBD?

How do regulations affect CBD stocks?

How do regulations affect CBD stocks?

How are CBD stocks different from regular cannabis stocks?

How are CBD stocks different from regular cannabis stocks?

Should I invest in individual CBD companies or ETFs?

Should I invest in individual CBD companies or ETFs?

Is CBD a growing industry?

Is CBD a growing industry?

About the Author

Read Next

Stocks Mentioned

Premium Investing Services

Top CDB stocks for 2026

Key Data Points

Key Data Points

Key Data Points

4. Trulieve Cannabis

Key Data Points

What to consider before choosing a CBD stock

Benefits and risks of investing in CBD stocks

How to invest in CBD stocks

Tips for successful CBD stock investing

Biotech vs. Pharma: What's the Difference?

Best Psychedelic Stocks to Buy in 2026 and How to Invest

Best Biotech Stocks to Buy in 2026 and How to Invest in Them

Best Healthcare Stocks to Buy in 2026 and How to Invest in Them

Investing in CBD stocks FAQ

Who is the largest CBD company?

Who is the largest CBD company?

Is CBD a good business to invest in?

Is CBD a good business to invest in?

What state buys the most CBD?

What state buys the most CBD?

How do regulations affect CBD stocks?

How do regulations affect CBD stocks?

How are CBD stocks different from regular cannabis stocks?

How are CBD stocks different from regular cannabis stocks?

Should I invest in individual CBD companies or ETFs?

Should I invest in individual CBD companies or ETFs?

Is CBD a growing industry?

Is CBD a growing industry?

3. Jazz Pharmaceuticals