Cannabis stocks were off to the races again Tuesday Sept. 25, with Tilray (TLRY) and other legal-weed stocks soaring.  

Tilray, perhaps one of the most followed pot stocks of late, rose more than 17% to $116.85 in the early going but ended the day up only about 8%. The medical marijuana company fell nearly 20% Monday before recovering a tad in after-market trading. Volatility for this stock has been incredibly high.

New Age Beverages (NBEV)  also popped some 17% Tuesday morning to $4.64, but ended the day up roughly 12.6%, It's a small cap stock, unlike Tilray, valued at only $148 million, but it's been part of the high-flying group of marijuana stocks. NBEV hit an all-time high of $7.85 a share Sept. 20, but has since come way back down. Still, it's back in soar mode so far Tuesday.

Elsewhere in the sector:

  • Alefia Health (ALEAF)  was up 21% early Tuesday at $2.92 a share, and ended up 27%. The stock went public in mid-May and only topped $1 per share earlier this month. ALEAF is hitting all-time highs Tuesday.
  • Canopy Growth (CGC) is coming in at more muted gains Tuesday morning, up about 3.7%at $54.43 a share, and ended the day flattish, up around .5%. Canopy Growth went public in 2014 and was a penny stock until around early 2017, but is up some 690% since then. CGC moved from less than $25 a share on August 13 to the $50s -- a more than 100% pop.

This article has been updated with closing stock prices.

Join Jim Cramer live in New York City on Oct. 13 for his "Boot Camp for Investors," where he'll interview Canopy Growth CEO Bruce Linton and host top stock-market strategists. Sign up here.

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