3 Marijuana Stocks To Watch This November
As the new year is soon to begin many are on the hunt for top marijuana stocks to buy. With the level of volatile trading, the bulk of the sector has been on the downside. Even with this being an opportune time to invest and prepare profits are the goal of every investor. Much of what the cannabis sector is experiencing has to do with various factors. For starters, the battle to establish federal reform has created much of this volatile trading. In addition, investors feel a bit fearful to invest further due to the uncertainty of federal reform.
Also, some cannabis companies are working to push through certain issues they may have experienced. But even with issues with companies and the industry as a whole legal cannabis is skyrocketing as an emerging industry. The cannabis industry is still young and developing. What this means is means is there more to be done and seen as far are laws and regulations.
As well as how companies evolve and what they bring to market that will keep cannabis moving in the right direction. Overall now is a good time to prep for the future of cannabis investing. Especially while the sector is still building and establishing its place in the world as a flourishing and legal market. The companies below are some marijuana stocks to watch if you are looking to get into cannabis investing.
Marijuana Stocks For Your 2024 Watchlist
- Greenlane Holdings, Inc. (OTC:GNLN)
- GrowGeneration Corp. (NASDAQ:GRWG)
- Jushi Holdings Inc. (OTC:JUSHF)
Greenlane Holdings, Inc.
Greenlane Holdings, Inc. develops and distributes cannabis accessories, vape solutions, and lifestyle products in the United States, Canada, and Europe. It operates in two segments, Consumer Goods and Industrial Goods. In recent news, the company announced the launch of a new dry herb vaporizer from EYCE.
The PV1, the first vaporizer device from Eyce is engineered with a rotating mouthpiece, a glass-coated alumina ceramic heat chamber, and a stainless-steel airflow path. The PV1 delivers smooth vapor while offering the same portability and durability that the Eyce consumer knows and loves. Eyce takes classic smoking styles and elevates them with ultrafunctional designs.
Words From The Company
“We’re thrilled about the evolution and expansion of the Eyce brand, which aligns seamlessly with our foray into the vaporizer space, the largest and most prominent accessory category. What makes this more compelling is Greenlane’s possession of patented vape technology, a crucial factor positioning us for success in this venture,” said CEO Craig Snyder.
GrowGeneration Corp.
GrowGeneration Corp. through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States.
On October 25th the company has scheduled its 3rd quarter earnings release conference call for November 8th after market close. The announcement will be followed by a live earnings conference call at 4:30 p.m. ET.
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Jushi Holdings Inc.
Jushi Holdings Inc. a vertically integrated cannabis company, engages in the cultivation, processing, retail, and distribution of medical and adult-use products.
It focuses on building a portfolio of cannabis assets in various jurisdictions around the United States. On August 22nd the company announced the opening of its 6th Beyond Hello dispensary in Woodbridge Virginia.
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Words From The Company’s CEO
“Located in Prince William County in a suburban community just outside of Washington, D.C. and situated along the Potomac River, Beyond Hello™ Woodbridge marks the opening of our sixth dispensary in Virginia,” said Jim Cacioppo, Chief Executive Officer, Chairman and Founder of Jushi Holdings Inc.”
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