Cannabis Penny Stocks

US-listed cannabis and marijuana penny stocks, priced $0.50 to $5, ranked by today's percentage change. Cultivators, MSOs (multi-state operators), edibles, REITs with cannabis tenants, and ancillary plays — everything tagged to the cannabis theme. Updated intraday.

Data as of 10/13/2026 8:58:13 AM · Intraday prices · 21 penny stocks in theme
#SymbolCompanySectorPriceDay ChgVolume
1SNDLSundial Growers Inc. Common SharesConsumer Discretionary$1.17000.00%32K
2CGCCanopy Growth Corporation Common SharesHealthcare$0.74900.00%13K
3INMInMed Pharmaceuticals Inc. Common SharesHealthcare$1.36500.00%4K
4AKANAkanda Corp. Common SharesHealthcare$1.60500.00%843
5IMCCIM Cannabis Corp. Common SharesHealthcare$1.49000.00%768
6ARTLArtelo Biosciences, Inc. Common StockHealthcare$3.11000.00%561
7TLRYTilray Brands, Inc. Common StockHealthcare$3.36500.00%380
8GRWGGROW GENERATION CORPConsumer Discretionary$1.52700.00%352
9IXHLIncannex Healthcare Limited Common StockHealthcare$3.12000.00%189
10XXII22nd Century Group Inc.Consumer Staples$0.74800.00%31
11GNLNGreenlane Holdings, Inc. Class A Common StockConsumer Discretionary$2.67000.00%10
12MIRAMIRA Pharmaceuticals, Inc. Common StockHealthcare$0.69900.00%6
13ACBAurora Cannabis Inc. Common SharesHealthcare$4.32100.00%5
14CRONCronos Group Inc. Common ShareHealthcare$3.21000.00%1
15AFCGAdvanced Flower Capital Inc. Common StockFinancials$3.07100.00%0
16HITIHigh Tide Inc. Common SharesConsumer Discretionary$2.57000.00%0
17INCRIntercure Ltd. Ordinary SharesHealthcare$4.97000.00%0
18ISPRIspire Technology Inc. Common StockConsumer Staples$1.49000.00%0
19OGIOrganigram Global Inc. Common SharesHealthcare$0.95300.00%0
20SPRCSciSparc Ltd. Ordinary SharesHealthcare$4.08500.00%0
21VFFVillage Farms International, Inc. Common SharesConsumer Staples$2.66500.00%0

What Drives Cannabis Penny Stocks

Cannabis at the sub-$5 level is a uniquely policy-driven trade. Federal cannabis is still Schedule I in the US (as of mid-2026), but rescheduling discussions, state legalization progress, banking access (SAFE Banking Act), and DOJ enforcement signals all move the entire group simultaneously. A single news headline can lift or sink the whole sub-$5 cannabis universe in a session.

  • Catalysts to know: DEA rescheduling decisions, SAFE Banking Act movement, state ballot initiatives, 280E tax interpretations, FDA cannabidiol rulings.
  • Banking constraint: federal status means most cannabis companies still cannot use traditional banking. This shows up as cash inefficiency, expensive financing, and recurring dilution.
  • OTC dominance: many cannabis names are on OTC Pink or OTCQX rather than major exchanges — see OTC vs Nasdaq for the disclosure differences.
  • State patchwork: companies with footprints in mature legal states (CA, CO, MA, IL) trade differently than those focused on newly-legal states; revenue ramps are stop-start.
  • Brand vs. wholesale: branded edibles/flower plays earn premium multiples; wholesale cultivators trade like commodities.
  • M&A consolidation: larger MSOs periodically scoop up sub-$5 names; takeout premiums of 30-100% have happened repeatedly.

See also: biotech penny stocks (FDA catalyst trade), penny stocks under $1, trending on Reddit.

Cannabis stocks — the full-market theme page, all price ranges.