Here Are 2 Marijuana Stocks To Follow Into The New Year
Most marijuana stocks are feeling the continued impact of volatile trading. The unpredictable patterns and drops in the sector have led to a lack of confidence. Yet this has also led to some finding ways to take up bigger positions at a lower entry level. Often when there is a pullback of any kind more people begin to search for the best marijuana stocks to buy. No one wants to miss a chance to invest a cheap share prices.
The odds that recovery will take place are high it is just when it happens that becomes a slight concern. No one knows exactly when the cannabis sector will see another wave of better trading. But it does happen and it’s something you just need to wait and be ready for when it happens. Now there are moments when you can tell a lot sooner. For instance, if a new reform measure were to pass historically news like this would help the sector greatly.
Speculation after and before things occur gives some investors more of a positive outlook. Right now there is also a big presence of speculation as to what will take place for legal cannabis this upcoming year. With careful preparation and a solid trading plan 2025 could be a big year for most cannabis investors. Below are some marijuana stocks to watch as the new year quickly approaches.
Top Marijuana Stocks For Investors
- Greenlane Holdings, Inc. (NASDAQ:GNLN)
- Curaleaf Holdings, Inc. (OTC:CURLF)
Greenlane Holdings, Inc.
Greenlane Holdings, Inc. engages in the development and distribution of cannabis accessories, vape devices, and lifestyle products in the United States, Canada, and Europe. In recent news, the company signs a new U.S. distribution agreement with Veriteque USA. 
Under the agreement, Greenlane will distribute Veriteque’s comprehensive portfolio of field test kits in the U.S. with a focus on institutional retail, education, law enforcement, and corporate accounts.
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Curaleaf Holdings, Inc.
Curaleaf Holdings, Inc. operates a cannabis operator in the United States. It operates through two segments: Domestic Operations and International Operations. In recent news, the company released its Q3 2024 financial results. 
Third Quarter 2024 Financial Highlights
- Net Revenue of $330.5 million, a year-over-year decrease of 1% compared to Q3 2023 revenue of $333.2 million. Sequentially, net revenue decreased 3%
- Gross profit of $160.5 million and gross margin of 49%
- Adjusted gross profit(1) of $161.3 million and adjusted gross margin(1) of 49%, an increase of 312 basis points year-over-year
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- Net loss attributable to Curaleaf Holdings, Inc. of $44 million from continuing operations or net loss per share from continuing operations of $0.07
- Adjusted EBITDA(1) of $75.3 million and adjusted EBITDA margin([1]) of 23%, a 23 basis point increase year-over-year
- Cash at quarter end totaled $90.0 million
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