Using This Strategy With Marijuana Stocks Could Help Make A Profit
Marijuana stocks could soon see a small boost in momentum. The reason for this could be that although Trump is in office not much has taken place to derail the cannabis industry. Without federal reform in place shareholders and future investors do not want to take such a big risk. Especially with not many of Trump’s people being on board with legal cannabis as is.
Now as things begin to settle and investors observe there have yet to be any big changes it may restore some faith. For instance, as the legal cannabis industry continues to grow and thrive it should be a smoke signal things are ok. But as mentioned above people are just too fearful of waiting and losing money. Yet there are a handful of shareholders that see the finish line down the road as where their prize will be.
The long game is the idea and approach some are taking. People are doing their homework and taking advantage of this downtrend to find top marijuana stocks to buy. Even still nothing is etched in stone but it’s better to be prepared than not. At this time people are watching with caution and bits of hope that things will eventually change. Below are a few marijuana stocks to watch as things progress in the market.
Marijuana Stocks To Watch For Better Trading
- Verano Holdings Corp. (OTC:VRNOF)
- Planet 13 Holdings Inc. (OTC:PLNH)
- Trulieve Cannabis Corp. (OTC:TCNNF)
Verano Holdings Corp.
Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. On April 17th the company announced the opening of its new location.
Now Verano has expanded its presence with 81 dispensaries with this storefront. This new location is in New Smyrna Beach FL.
Words From The Company
“We are excited to welcome patients to MÜV New Smyrna Beach as we celebrate the opening of our 81st location during 420 weekend,” said John Tipton, President of the Southern Region.”
Planet 13 Holdings Inc.
Planet 13 Holdings Inc., together with its subsidiaries, cultivates and provides cannabis and cannabis-infused products for medical and retail cannabis markets in the United States.
At the start of April Planet 13 announced the opening of a new dispensary located in Orange Park FL. This makes a total of 32 dispensaries for the company in FL.
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Words From The CEO
“We’re thrilled to open another convenient Planet 13 dispensary, bringing our award-winning products to the growing Florida medical cannabis community,” said Bob Groesbeck, Co-CEO of Planet 13.
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Trulieve Cannabis Corp.
Trulieve Cannabis Corp. operates as a cannabis retailer. The company cultivates, processes, and manufactures cannabis products and distributes its products to its dispensaries, as well as through home delivery.
On April 10th the company announced it will hold a Q1 2025 conference call to report earnings for that time. So Trulieve has set May 7th at 8:30 AM as the date and time of the call.
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