Will Investors See These Marijuana Stocks As A Buy Or Sell?
In 2024 there is great anticipation of what will take place in the cannabis sector. This speculation has led to more people looking for the top marijuana stocks to buy. Over half of the USA and other global regions have already legalized cannabis. With legal cannabis becoming more successful and profitable globally what becomes the next step for investors? To begin you should learn about legal cannabis as well as the basics of investing and stock trading.
One part is about the basics of investing and learning about trading as a whole. Now the other is learning about the sector of choice and the companies that make up the industry. If a person has more knowledge on the subject it becomes less risky and has more potential to see better upside. Although there are no guarantees with stocks anything can happen. This goes for marijuana stocks as well as most publicly traded cannabis companies are volatile.
What this means is without warning the company can trade up or down. Many feel that better reform and regulations could ease the amount of volatility. Nevertheless, progress continues to look good outside of the market as companies are seeing more consumer demand for cannabis products. The companies below are several marijuana stocks to watch this week. Also with 2024 being an election year potential campaign promises regarding legal cannabis possibly could lead to better trading down the road.
Marijuana Stocks For Your 2024 Portfolio
- Greenlane Holdings, Inc. (NASDAQ:GNLN)
- MariMed Inc. (OTC:MRMD)
- GrowGeneration Corp. (NASDAQ:GRWG)
Greenlane Holdings, Inc.
Greenlane Holdings, Inc. develops and distributes cannabis accessories, vape solutions, and lifestyle products in the United States, Canada, and Europe. On November 27th the company announced the receipt of Nasdaq listing deficiency notice. The company is not currently in compliance with Nasdaq’s Listing Rules. This is due to Greenlane’s inability to timely file its Quarterly Report on Form 10-Q. 
The Notice does not immediately affect the listing or trading of the Company’s securities. According to Listing Rule 5250(c)(1), the Company was required to file the Form 10-Q by November 14, 2023. The Company previously reported its inability to file Form 10-Q by the Due Date on Form 12b-25, which the Company filed with the SEC on November 15, 2023. Currently, the Company is working diligently to complete the Form 10-Q and anticipates filing the Form 10-Q as soon as possible.
[Read More] Marijuana Stocks To Watch 3 Popular Cannabis Companies
MariMed Inc.
MariMed Inc. engages in the cultivation, production, and dispensing of medicinal and recreational cannabis in the United States and internationally. In recent news, the company has closed on the acquisition of Thrive dispensary in Casey. This makes for the company’s 5th Illinois dispensary. 
The Company continues to look for additional retail locations in Illinois, where adult-use cannabis sales exceeded $1.6 billion last year. Current Illinois cannabis regulations allow an operator to own up to 10 dispensaries. MariMed also recently became vertical in Illinois, opening a craft grow and processing facility in Mt. Vernon in December.
[Read More] These Marijuana Stocks Could Begin To Rise Again?
GrowGeneration Corp.
GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. On April 11th the company announced that members of management. 
This includes Darren Lampert, CEO and Co-Founder, and Michael Salaman, President, and Co-Founder, who will be participating in the Benzinga Cannabis Capital Conference. The conference will be held April 16-17, 2024 in Hollywood, FL.
MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
