3 Marijuana Stocks For 2024 Cannabis Investors
Marijuana stock investors are keeping a close eye on the sector. The reason for this is all that is occurring in the sector at this time. We have companies preparing to report earnings on top of the politics surrounding the promises of the presidential election. Politics can greatly impact trading depending on the circumstances. For instance, when a politician speaks in favor of legal cannabis, it has the potential to create a rise in trading.
Due to cannabis and its long-standing place with the law any time a person of authority backs cannabis it often leads to a positive outcome. Whether it be more people seeing cannabis as a legitimate emerging industry or more market momentum. With how far the cannabis industry has come as a whole it is only a matter of time before we see more bridges connect with other global markets. Most of the USA has a legal cannabis market once federal reform and other regulatory framework is set in place bigger moves can be made.
That is why for some finding the best marijuana stocks to buy is a smart move. Some are playing the long game with cannabis as volatility can be tricky when taking profits. But with the headway being made preparation is key for investors looking to take advantage of the next wave of the green rush. Below are several marijuana stocks to watch as momentum continues to build in the sector.
Top Marijuana Stocks To Watch 2024
- Tilray Brands, Inc. (NASDAQ:TLRY)
- Canopy Growth Corporation (NASDAQ:CGC)
- SNDL Inc. (NASDAQ:SNDL)
Tilray Brands, Inc.
Tilray Brands, Inc., a lifestyle consumer products company, engages in the research, cultivation, processing, and distribution of medical cannabis products in Canada, the United States, Europe, Australia, New Zealand, Latin America, and internationally.
In recent news the company announced it has teamed up with Flaviar to launch its newest creation, Dad’s Stash Whiskey.
Words From The Company
“This partnership is more than a whiskey collaboration,” said Bryan Nolt, founder, and CEO at Breckenridge Distillery. “By teaming up with No-Shave November, we’re raising a glass—and funds—for men’s cancer research and together, we will make a real impact.”
Canopy Growth Corporation
Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes primarily in the United States, Canada, Germany, and internationally.
On October 25th the company announced it will report its Q2 fiscal 2025 financial results. The company has set November 8th as the date for the release. Following the release of financial results, Canopy Growth will host an audio webcast with David Klein, CEO, and Judy Hong, CFO at 10 AM Eastern Time.
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SNDL Inc.
SNDL Inc. engages in the production, distribution, and sale of cannabis products in Canada. The company operates through Liquor Retail, Cannabis Retail, Cannabis Operations, and Investments segments.
Recently the company released news announcing it will report its Third Quarter of 2023 financial results. On November 5th the company will release these earnings before the market opens.
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As well following the release of its third-quarter results, SNDL will host a conference call and webcast.
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