Top Pot Stocks To Watch In 2024

Top Marijuana Stocks Are The Future Of Trading

The cannabis sector since the start of 2024 has been building up its momentum slowly. Now this momentum has come in waves but it has still led to some form of rise in trading for marijuana stocks. With the Presidential race underway, there is the chance to see some campaign promises surrounding cannabis. Which in turn can be big for those who are investing in cannabis stocks. Often when there is news or anything involving politics regarding cannabis it can help bring in some momentum for marijuana stocks.

The cannabis industry as a whole both US and internationally is generating large revenue streams. This has led many to find ways to get involved thus searching for the best marijuana stocks to buy. When there is a means to improve the industry through reform or other types of advancements it creates speculation. Positive speculation has been a cause of this recent uptick in trading.

Many feel that 2024 can be a turnaround year for the pot stocks. For some time now marijuana stocks have been trading with high levels of volatility. A volatile sector can make things trick especially when it leads to a downtrend. But 2024 is still getting started and there will be many reasons to see marijuana stocks rise. Hopefully, it pans out in the fashion for all marijuana stock investors. Below are some cannabis stocks to watch in 2024.

Marijuana Stocks For Your 2024 Watchlist

  1. GrowGeneration Corp. (NASDAQ:GRWG)
  2. Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM)
  3. The Scotts Miracle-Gro Company (NYSE:SMG)

GrowGeneration Corp.

GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. GRWG

In recent news, the company has scheduled its Q4 and full-year 2023 earnings. In addition to having a conference call about these financial earnings on March 13th.

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Hydrofarm Holdings Group, Inc.

Hydrofarm Holdings Group, Inc., together with its subsidiaries, engages in the manufacture and distribution of controlled environment agriculture (CEA) equipment and supplies in the United States and Canada. hyfm

On February 15th the company announced it would report its fourth quarter and full-year 2024 results on February 29th. A press release containing the fourth quarter and full year 2023 results will be issued before the market opens that same day.

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The Scotts Miracle-Gro Company

The Scotts Miracle-Gro Company, together with its subsidiaries, manufactures, markets, and sells products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally. It operates through three segments: U.S. Consumer, Hawthorne, and Other. smg stock

Recently the company announced it will participate in fireside chats. This will take place at the Raymond James & Associates 45th Annual Institutional Investors Conference on Monday, March 4. As well as the UBS Global Consumer and Retail Conference on Wednesday, March 13, 2024.

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