Best Marijuana Stocks Before July

Here Are 3 Marijuana Stocks To Watch Today In June

Is now the best time to find top marijuana stocks to buy? Those who trade and invest in pot stocks know the challenges of making a profit. At one point in time when cannabis stocks would see a drop it was often followed by a big bounce and was able to sustain its momentum. Yet with speculation and volatility being a keen factor for investors should people buy or sell?

But that is the way investing in the stock market works. They are finding the balance between the stocks you want to buy and sell and assessing the risk. With marijuana stocks, there is a bit more to it due to how unpredictable trading can become. So for those who want to invest in cannabis take your time. Watch how companies react in the market to good and bad news.

Keep an eye on up-and-coming companies as well as seasoned ones and ones that are profitable and current on all financial reporting. The more satisfactory the company is as a business the better odds of seeing profits down the line. Most people only want to invest in companies that are in good standing as an overall business. That is why the more homework and preparation you take the better chances at making money. Below are several marijuana stocks to watch this month.

Top Marijuana Stocks For You 2024

  1. Cresco Labs Inc. (OTC:CRLBF)
  2. Verano Holdings Corp. (OTC:VRNOF)
  3. Curaleaf Holdings, Inc. (OTC:CURLF)

Cresco Labs Inc.

Cresco Labs Inc., together with its subsidiaries, cultivates, manufactures, and sells retail and medical cannabis products in the United States. Cresco Labs

On May 15th the company reported its continued trend of financial improvement with Q1 2024 financial results.

First Quarter 2024 Highlights

  • First quarter revenue of $184 million, flat year-over-year, excluding the impact from strategic divestitures aimed to drive profitability.
  • Gross profit of $92 million. Adjusted gross profit1 of $95 million up 7% year-over-year; and an Adjusted gross margin1 of 51% of revenue, a 580 bps improvement.
    SG&A of $54 million.
  • Reduced Adjusted SG&A1 by 24% year-over-year to $52 million, or 28% of revenue.
  • First quarter income before income taxes of $16 million, a net loss of $2 million.
  • $36 million in operating cash flow up 1,000% year-over-year. $33 million in Free Cash Flow1.

Verano Holdings Corp.

Verano Holdings Corp. is a vertically integrated multi-state cannabis operator in the United States. Recently the company announced share repurchase authorization. VRNOF

The Board of Directors has authorized the repurchase of up to $50 million of the Company’s Class A subordinate voting shares.

Words From The Company

“Our longstanding commitment to operational excellence alongside our focus on capital discipline has set up Verano to generate consistent revenue growth, deliver strong margins, and produce leading cash flows,” said George Archos, Verano Chairman and Chief Executive Officer.“

[Read More] Marijuana Stocks To Buy In Today’s Cannabis Market

Curaleaf Holdings, Inc.

Curaleaf Holdings, Inc. operates a cannabis operator in the United States. It operates through two segments, Domestic Operations and International Operations.

On June 14th the company reported on its voting results. This vote was taken from the 2024 annual general meeting of shareholders.

[Read More] Top Marijuana Stocks For Cannabis Investing 2024

Percentage of Votes

Name of Director For Withheld

Boris Jordan 98.515-1.485
Joseph Lusardi 98.93-1 1.069
Dr. Jaswinder Grover 99.906-0.094
Karl Johansson 99.587-0.413
Peter Derby 99.253-0.747
Mitchell Kahn 98.736-1.264
Shasheen Shah 99.848-0.152
Michelle Bodner 98.873-1.127

MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 |
Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

$GWPH Announces Second Positive Phase 3 Pivotal Trial for Epidiolex®

GW Pharmaceuticals Announces Second Positive Phase 3 Pivotal Trial for Epidiolex® (cannabidiol)…