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 5/30/2026 11:38:18 PM · Intraday prices · 18 penny stocks in theme
#SymbolCompanySectorPriceDay ChgVolume
1ISPRIspire Technology Inc. Common StockConsumer Staples$1.8200+1.68%103K
2CRONCronos Group Inc. Common ShareHealthcare$2.8500+0.35%1.3M
3OGIOrganigram Global Inc. Common SharesHealthcare$1.14000.00%379K
4AFCGAdvanced Flower Capital Inc. Common StockFinancials$3.7450-0.13%158K
5GRWGGROW GENERATION CORPConsumer Discretionary$1.7750-0.28%244K
6INCRIntercure Ltd. Ordinary SharesHealthcare$1.0600-0.94%115K
7SNDLSundial Growers Inc. Common SharesConsumer Discretionary$1.4700-1.34%883K
8ACBAurora Cannabis Inc. Common SharesHealthcare$3.6200-1.36%791K
9HITIHigh Tide Inc. Common SharesConsumer Discretionary$2.4600-1.60%413K
10VFFVillage Farms International, Inc. Common SharesConsumer Staples$2.5300-1.94%421K
11MIRAMIRA Pharmaceuticals, Inc. Common StockHealthcare$1.0550-2.31%78K
12ARTLArtelo Biosciences, Inc. Common StockHealthcare$1.4200-2.74%501K
13CGCCanopy Growth Corporation Common SharesHealthcare$1.0800-3.57%7.8M
14GNLNGreenlane Holdings, Inc. Class A Common StockConsumer Discretionary$3.2400-3.57%15K
15YCBDcbdMD, Inc. Common StockConsumer Staples$0.7920-4.12%239K
16XXII22nd Century Group Inc.Consumer Staples$0.5387-4.82%376K
17INMInMed Pharmaceuticals Inc. Common SharesHealthcare$1.5850-5.65%200K
18UGROurban-gro, Inc. Common StockIndustrials$3.6500-8.29%75K

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.