Here Are Some Marijuana Stock Picks To Watch On Monday
Education and preparation are key to becoming a strong and successful investor. The more you know and how to leverage this knowledge of investing the potential to make big returns. Right marijuana stocks are once again becoming a popular topic among investors. With more than 50% of the USA having legalized cannabis, more people want in on the action. This is where instead of a cannabis startup you can invest directly in a company on the open market. That is right like other stocks when you purchase shares of cannabis stocks you take a position in the company.
Depending on how many shares you buy can have some advantages to being a dominant shareholder. Yet diversification is always the smarter move. Investing in multiple companies in the same sector can be a good setup in the long run. Often leading to a nice potential profit if things play out the right way.
For some time there was a lot of fear of a sector-wide shutdown due to a lack of federal reform. But in 2024 there have been many changes and legislation is still being worked on in favor of most legal operators. The more progress and success for companies mean the potential for better trading for the publicly traded side of the industry. Below are a few marijuana stocks to watch if you are considering investing in legal cannabis.
2 Marijuana Stocks For Your Weekly Watchlist
Greenlane Holdings, Inc. (NASDAQ:GNLN)
Ayr Wellness Inc. (OTC:AYRWF)
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 engages in the development and distribution of cannabis accessories, vape devices, and lifestyle products in the United States, Canada, and Europe. 
Recently the company presented at the National Investment Bankers Association Conference in Florida which took place on September 5th.
Words From The Company
“Today Greenlane is leaner and more focused, allowing our teams to innovate faster and deliver on our promise to better align our expense base with our current revenue trends,” said Barbara Sher, Chief Executive Officer for Greenlane. “The actions taken in the first half of 2024 and going forward are designed to make us a more efficient, uncomplicated, and quicker-moving company.”
[Read More] Top Marijuana Stocks to Watch Right Now: Promising Investments in the Cannabis Industry
Ayr Wellness Inc.
Ayr Wellness Inc. operates as a vertically integrated multi-state cannabis operator that cultivates, manufactures, and retails cannabis products and branded cannabis packaged goods. 
On September 5th the company announced it had secured conditional approval to establish vertical medical cannabis operations in Virginia.
[Read More] September 2024 Watchlist: Leading Cannabis REITs for Investment
Words From The CEO
“We’re proud to have earned the opportunity to serve patients in Virginia, particularly in a region of ~1.5 million people that has lacked access to medical cannabis for some time,” said David Goubert, President & CEO of AYR. “This is an exciting moment for AYR, reflective of our continued efforts towards building our business to generate sustainable forward-looking growth.”
MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
