Top Marijuana Stocks To Watch With Donald Trump As President
How will the next president impact how marijuana stocks trade in 2025?
Well, to start there are several factors to consider. Recent findings show the Republican party has mixed feelings on lax cannabis reform. This news led to a frenzy of volatile trading for cannabis stocks this week. Now that does not mean all is lost and that Donald Trump won’t see the greener side of the cannabis industry.
He did support the failed Florida Amendment 3 bill which hopefully can transform into support for the industry as a whole. With the changes in the president, investors are worried this will keep cannabis stocks down most of the year. Even with major revenue being made and companies continuing to thrive the public sector is not as fortunate. As efforts to pass federal reform become more problematic there is no telling when it will come.
But this has been the speculative idea that many felt would ease tensions in the market. Nevertheless with all the money and progress in cannabis federal reform will be passed one day. Hopefully, it passes in a way that helps legend growers and small-batch farmers find their place in this burgeoning industry. Below are several marijuana stocks to watch as the sector still faces a large wave of volatility.
Top Marijuana Stocks To Watch Today
Planet 13 Holdings Inc. (OTC:PLNH)
Glass House Brands Inc.(OTC:GLASF)
The Cannabist Company Holdings Inc.(OTC:CBSTF)
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. In recent news, the company released its Q3 2024 financial results.
Q3 2024 Financial Key Mentions
Revenue was $32.2 million compared to $24.8 million, an increase of 29.7%.
Gross profit was $16.7 million or 51.9% as compared to $11.1 million or 44.7%.
Total expenses were $20.0 million as compared to $55.1 million, a decrease of 63.6%.
Net loss of $7.4 million as compared to a net loss of $46.3 million.
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Glass House Brands Inc.
Glass House Brands Inc., together with its subsidiaries, operates as an integrated cannabis company in the United States. 
The company is preparing to host its Q3 20204 conference call set for November 13th. So Glass House Brands Inc. will host a conference call to discuss the results at 5:00 p.m. Eastern Time.
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The Cannabist Company Holdings Inc.
The Cannabist Company Holdings Inc. engages in the cultivation, development, production, home delivery, and dispensary of cannabis products in the United States and internationally. 
In recent news, the company launched a partnership with COAST Cannabis Co. This new collaboration allows Massachusetts-based COAST to expand the reach of its premium, wellness-focused cannabis products. Which is intended for two growing medical and adult use markets – Maryland and New Jersey.
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