Here Are Ways To Profit From Marijuana Stock Investing
What will it take for marijuana stocks to see consistent upward trading? Well, there is no simple answer as there are many variables that can impact trading. For instance, if one company has bad earnings or news it can impact how the company trades. Also, this can have an impact on other marijuana stocks as speculation can be a factor as well.
If one company is doing badly in the market if they are in a similar niche some may feel the company will follow suit and shareholders begin to sell. The fear of being caught in a trade you can’t profit from is real for many investors and the volatile action that cannabis stocks have will make you feel this way. But this does not have to be the case as there are some ways to increase your odds of taking profits. Making better investment choices can help greatly.
The way that works for most is to take time to learn about the sector and the various companies. You want to also build a plan from the research you have conducted. When you have a strategy or plan of action that utilizes your research you have better chances to make money. If you are looking for top marijuana stocks to watch take a look at the companies below.
Top Marijuana Stocks For Investors
- Verano Holdings Corp. (OTC:VRNOF)
- Greenlane Holdings, Inc. (NASDAQ:GNLN)
Verano Holdings Corp.
Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. In recent news, the company has entered into agreements with the Cannabist Company. 
This was done to acquire one of its Virginia Licenses and associated operations and its Arizona operations.
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Deal Highlights
- The Virginia Operations include one cultivation and production facility and six dispensaries.
- Virginia’s cannabis program is uniquely and attractively structured in that the Commonwealth is split into five Health Service Areas (HSAs) with only one cannabis operator and retailer permitted to service each HSA.
- Verano will become the sole cannabis operator and retailer for HSA 5 in Eastern Virginia.
- HSA 5 is home to nearly two million residents, serving populated areas such as Virginia Beach, Chesapeake, and Norfolk.
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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 announced its Board Approval of the reverse stock split ratio. The company will effect a one-for-11 reverse stock split of its Class A common stock, par value $0.01 per share. 
That will become effective on August 5, 2024, at 12:01 AM Eastern Time, before the opening of trading on The Nasdaq Capital Market. Greenlane has requested that Greenlane’s Class A common stock begin trading on August 5, 2024, on a post-reverse split basis on the Nasdaq under the existing symbol “GNLN.” The reverse split is primarily intended to bring Greenlane into compliance with the minimum bid price requirement for maintaining its listing on the Nasdaq.
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