Top 10 Medicinal Cannabis Companies in Q3 2023 By Revenue

CompanyRevenue (Q3 2023)Market CapGross ProfitNet IncomeDescription
Trulieve Cannabis$111.4 million$2.64 billion$397.2 million$134.7 millionTrulieve Cannabis is a vertically integrated medical cannabis company in the United States. The company cultivates, manufactures, and distributes medical cannabis products to patients in Florida, Maryland, and Massachusetts.
Curaleaf Holdings$89.1 million$2.07 billion$239.9 million$77.7 millionCuraleaf Holdings is a vertically integrated cannabis company that operates in 22 U.S. states and 14 countries. The company cultivates, manufactures, and distributes cannabis products for both medical and adult-use purposes.
Green Thumb Industries$64.3 million$3.04 billion$263.7 million$106.2 millionGreen Thumb Industries (GTI) is a cannabis cultivator, processor, and retailer with operations across the United States. The company has a diverse product portfolio that includes flower, vape pens, edibles, concentrates, and topicals.
Tilray Inc.$60.3 million$1.26 billion$140.1 million$-29.3 millionTilray Inc. is a global leader in the production and distribution of cannabis. The company has operations in Canada, Europe, and Australia. Tilray’s products include medical cannabis, adult-use cannabis, and cannabis-derived consumer goods.
Cresco Labs$56.1 million$3.89 billion$229.8 million$120.2 millionCresco Labs is a vertically integrated cannabis company with operations in 10 U.S. states. The company cultivates, produces, and distributes cannabis products for both medical and adult-use purposes.
TerrAscend Corporation$46.2 million$1.44 billion$133.8 million$46.5 millionTerrAscend Corporation is a multi-state cannabis operator with operations in New Jersey, Maryland, Pennsylvania, and California. The company cultivates, produces, and distributes cannabis products for both medical and adult-use purposes.
Cronos Group Inc.$41.5 million$0.91 billion$69.6 million$-126.7 millionCronos Group Inc. is a cannabis production and distribution company with operations in Canada and Germany. The company’s products include medical cannabis and adult-use cannabis.
Canopy Growth Corporation$21.1 million$0.79 billion$111.6 million$-176.2 millionCanopy Growth Corporation is a global cannabis company with a presence in over 12 countries. The company cultivates, produces, and distributes cannabis products for both medical and adult-use purposes.
Organigram Holdings Inc.$14.4 million$0.46 billion$75.9 million$-19.1 millionOrganigram Holdings Inc. is a cannabis producer and distributor with operations in Canada. The company’s products include medical cannabis and adult-use cannabis.
Sundial Growers Inc.$13.3 million$0.32 billion$53.9 million$-11.3 millionSundial Growers Inc. is a cannabis producer with operations in Canada. The company’s products include medical cannabis and adult-use cannabis.

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