Marijuana stocks have had a wild ride over the past year or so. In that time, we have seen some big changes affect both the present and the future of the cannabis industry. These large shifts in both the public perception of cannabis and legal measures presiding over the industry, all result in the market we have today.
With so much changing so quickly, there’s no doubt that the cannabis industry will be one to watch. With a great amount of information at hand, finding info about a given pot stock can be accomplished in an easier way. Though finding that value can be a challenge, several marijuana stocks continue to present themselves as players for future growth.
Marijuana Stocks To Watch: Mergers And Acquisitions
4Front Ventures (FFNTF Stock Report) (FFNT) is one of the more promising cannabis companies operating in the industry. The company states that it is working toward long term success as its production capabilities have continuously been tested throughout time. The company also has a committed leadership structure which it utilizes to fulfill its goals. Additionally, the company has stated that it’s hands-on expertise and unique growth opportunities have all added to it being one of the more prominent marijuana stocks to watch.
The company recently announced that after closing a merger with Cannex, it has moved forward with testing its new subsidiaries, operational capacities. With this merger, the two should be able to increase production and manufacturing to new levels. Leo Gontmakher, COO of 4Front stated that “to say I am proud of my team is an understatement. Taking advantage of our pre-merger planning work, we formally took over 4Front’s production and processing operations in August. By late September, we had introduced Marmas and Pebbles, two of our most successful edibles brands, to the Massachusetts medical cannabis market.”
Marijuana Stock to Watch: MSO
Curaleaf Holdings (CURLF Stock Report) is known as a dominant MSO marijuana stock in the industry. The company stated that its revenue hit as high as $73 million in the last quarter. This number represents an almost 33% growth amount from the second quarter of the previous year. The company has also stated that its goal is to continue to open new locations around the U.S.
Mainly, Curaleaf has been focused on four key states in the U.S. These are California, Nevada, Florida, and Massachusetts. With a strong emphasis on growth in the whole of the nation, Curaleaf continues to be one of the most interesting pot stocks on the open market.
Recently the company announced that Joe Bayern will become President of Curaleaf Holdings, Inc., effective immediately. Bayern brings over 20 years of executive leadership experience in consumer packaged goods at a critically important moment in Curaleaf’s growth trajectory. He will report to Curaleaf Chief Executive Officer Joseph Lusardi.
“Joe Bayern brings the expertise, track record and passion that will help take Curaleaf to the next level,” said Curaleaf Chief Executive Joseph Lusardi. “His experience in senior leadership roles in consumer goods, and most recently cannabis, will greatly enhance our ability to operate and excel in our next phase of growth.”
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