Top Marijuana Stocks That Could Improve Your Profits
Marijuana stocks have shown a slight increase in momentum. Now the momentum does not last for long periods but it has been a bit more consistent this month. Now this could be due to several reasons yet no matter the cause a rise in trading is always good. The fact that a new year has begun may have led to some positive speculation. As well many are looking for dips so they can invest and prepare for another volatile trading year.
With a potential year of volatile trading finding top marijuana stocks to buy is what people are searching for. This calls for thorough research and taking time to create a strategy that works with how marijuana stocks react in the market. Now that 2024 is underway there is a continued fight to establish better reform. As the battle to reschedule cannabis is ongoing there has been a big effort to pass cannabis banking.
With this investors find value in investing before things pick up due to the eventual passing of federal reform. Also, 2024 is an election year so there is a good chance a presidential candidate will make some progress promises surrounding cannabis. Which most likely will trigger a rise in trading. So now is a good time to follow the sector and begin finding marijuana stocks to watch.
Top Marijuana Stocks To Watch 2024
- Ayr Wellness Inc. (OTC:AYRWF)
- Ascend Wellness Holdings, Inc. (OTC:AAWH)
- Gold Flora Corporation (OTC:GRAM)
Ayr Wellness Inc.
Back on December 22nd, the company announced a plan of arrangement under Section 192 of the Canada Business Corporations Act. This involves the Company and AYR Wellness Canada Holdings Inc.
Ascend Wellness Holdings, Inc.
Ascend Wellness Holdings, Inc. engages in the cultivation, manufacture, and distribution of cannabis consumer packaged goods. It owns, operates, and manages cannabis cultivation facilities and dispensaries in several states across the United States.
In recent news, the company announced the opening of its 5th Ohio dispensary in a highly coveted location in Cincinnati. The dispensary is a flagship store for the Company, situated next to the Hard Rock Casino and just minutes from the Kentucky border. The dispensary will be Ascend’s fifth in the state of Ohio and 35th across its seven-state footprint.
Words From The Company
“This is a momentous occasion for Ascend as we expand our footprint in Ohio with the opening of our fifth dispensary in the vibrant city of Cincinnati,” says Rick Wilkins, Chief of Stores at Ascend Wellness Holdings. “We are excited to provide our premium cannabis products and exceptional service to the residents of Cincinnati at this highly desirable location.”
Gold Flora Corporation
The company was founded in 2017 and is based in Costa Mesa, California. Recently the company announced the opening of the Company’s 16th cannabis dispensary, located in Corona, California.
Words From The CEO
“To complete this store, we leveraged our considerable retail expertise, together with the best designers, architects, and customer experience experts, to develop what we believe is one of the most exciting cannabis dispensaries in the region,” said Laurie Holcomb, Chief Executive Officer of Gold Flora.”
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