Top Trending Cannabis Stocks in Canada—April 2025 Edition
The cannabis industry continues to evolve quickly, especially in the United States. In 2025, the U.S. market is expected to generate over $45 billion in revenue. This growth is fueled by expanding legalization and rising demand for both medical and recreational products. Recently, there has been momentum toward federal reform. The possibility of reclassifying cannabis to a lower drug schedule has gained support. States like New York and Maryland are also opening more dispensaries. As more legal markets emerge, Canadian cannabis companies are positioning themselves for long-term U.S. expansion. This week, several Canadian stocks are gaining attention from investors.
While the upside is exciting, cannabis stocks remain volatile. Therefore, it’s important to use technical analysis when identifying entry points. Traders often rely on volume trends and support levels to guide decisions. Additionally, proper risk management is essential. Investors should consider stop-loss orders and portfolio diversification. As the market changes, informed decisions and disciplined strategies will be key to long-term success
As the cannabis industry continues to evolve, investors are watching key players in both Canada and the United States. In April 2025, three Canadian cannabis stocks stand out. Tilray Brands Inc. (TLRY), Canopy Growth Corporation (CGC), and Village Farms International Inc. (VFF) are all worth watching. Each company has unique strengths and a growing presence in the U.S. market. Below is a breakdown of each company, along with their latest financial performance.
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- Tilray Brands Inc. (NASDAQ: TLRY)
- Canopy Growth Corporation (NASDAQ: CGC)
- Village Farms International Inc. (NASDAQ: VFF)
Tilray Brands Inc. (TLRY)
Tilray Brands Inc. is a global leader in cannabis research, cultivation, and distribution. The company is headquartered in New York. It also has operations across Canada and Europe. In the United States, Tilray has expanded through strategic acquisitions. The company owns multiple craft beer brands, making it the fifth-largest craft beer brewer in the U.S. These brands include Shock Top, SweetWater, and Montauk. This strategy allows Tilray to leverage U.S. distribution networks. It also positions the company for federal cannabis legalization. In addition, Tilray operates in medical cannabis markets and sells wellness products. The company remains focused on building long-term shareholder value.
In the second quarter of fiscal 2025, Tilray reported net revenue of $211 million. This marked a 9% increase from the same period last year. The beverage-alcohol segment saw strong growth, with a 36% rise in revenue. International cannabis sales grew by 25%, showing further global traction. Gross profit reached $61 million, rising 29% year-over-year. Gross margins improved to 29% from 24%, showing better operational efficiency. However, the company revised its EBITDA guidance to between $60 and $63 million. This was a reduction from previous projections. Tilray also delayed its timeline for positive adjusted free cash flow. The delay was caused by postponed collections from asset sales.
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Canopy Growth Corporation (CGC)
Canopy Growth Corporation is based in Smiths Falls, Ontario. It is one of the most recognized names in the cannabis industry. The company focuses on improving lives through cannabis innovation and wellness. Canopy has made big moves to enter the U.S. market. It operates in the U.S. through its subsidiary, Canopy USA. This subsidiary owns well-known brands such as Wana, Jetty, and Acreage. These brands give Canopy access to key product segments, including edibles and vapes. Canopy’s multi-state footprint prepares it for full U.S. legalization. The company is committed to building a scalable and profitable North American platform. Its long-term strategy is to dominate both domestic and global cannabis markets.
In the third quarter of fiscal 2025, Canopy Growth reported net revenue of C$74.76 million. This reflected a 5% decline from the previous year. Canadian adult-use cannabis sales dropped by 10%, which impacted overall revenue. However, the company reported growth in Canadian medical cannabis sales. This segment rose by 16% over the year. Canopy also saw improvement in international cannabis markets. Despite growth in some areas, gross margin declined by 4%. This was due to increased product launch costs and indirect expenses. The company continues to reduce its liabilities. It recently paid down C$112 million in debt ahead of schedule. This move improved its financial flexibility and cash position.
Village Farms International Inc. (VFF)
Village Farms International Inc. is headquartered in Lake Mary, Florida. It has a diversified portfolio that includes cannabis, hemp, and fresh produce. In the U.S., the company operates through Balanced Health Botanicals. This subsidiary sells CBD and hemp-derived wellness products online and in stores. Village Farms has a large e-commerce presence, which supports its U.S. growth strategy. In Canada, the company owns Pure Sunfarms. This is one of the country’s most efficient and profitable cannabis producers. Pure Sunfarms leads in dried flower sales and ranks second in pre-rolls. The company has built a reputation for high-quality products and operational efficiency. Its vertically integrated model helps maintain strong profit margins. This structure allows Village Farms to scale up quickly when demand rises.
For the full year 2024, Village Farms reported revenue of $336.2 million. This was an 18% increase compared to the previous year. The Canadian cannabis segment grew by 31% year-over-year. Pure Sunfarms maintained its leadership position in several product categories. In the fourth quarter, sales rose by 17%, reaching $43.3 million. Net income for the quarter was $1.9 million. This was a positive swing from a $7.0 million loss the year before. Adjusted EBITDA improved significantly, hitting $4.1 million from a negative $0.6 million. These results reflect improved cost controls and stronger product demand. Village Farms continues to pursue profitable growth initiatives in both the U.S. and Canadian markets.
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In summary, Tilray, Canopy Growth, and Village Farms are three Canadian cannabis stocks that offer strong potential in April 2025. All three companies are increasing their presence in the U.S. market. Each has responded differently to market pressures and opportunities. Tilray continues to diversify its revenue through beverage sales. Canopy is positioning itself for long-term growth in the U.S. cannabis space. Village Farms is benefiting from its operational efficiency and market leadership in Canada. Together, these companies represent a cross-section of strategies in a rapidly evolving industry. Investors seeking exposure to North American cannabis should consider watching these stocks closely. Their performances could shape the next wave of industry growth.
MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
